Owning jewelry can be a worthwhile investment, but it depends on various factors such as the type of jewelry, the materials used, and market conditions. Here are some points to consider…
All the financial advice you ever received likely encouraged you to save money, whether for retirement, an emergency, or a rainy day. But sticking that money in a savings account won’t net you very much over the short or long haul, so what do you do? You need an investment strategy. The bottom line is that you want your funds to grow steadily and protect them as much as possible from dips in the financial market. A great way to do that is through diversification. This approach has you put your money in various types of investment vehicles so that when one part of the portfolio dips, the other parts keep the balance at least steady. At least, that’s the hope. Here are some strategies to consider.
Scammers will go to nefarious lengths to trick people out of money or sensitive information, which they might use to steal directly from their victims’ accounts. Sometimes these individuals assume a victim’s identity, spending their cash, taking out loans, and creating a tangled financial mess that can be difficult to unwind. The best way to avoid getting taken for a ride is to avoid the scam in the first place. But it’s hard to know what to look for with technology advancing and thieves becoming more creative. Look out for these three top ruses.
Stepping into the world of investing can be intimidating, and leaving your money in your local bank for safekeeping may seem tempting. Unfortunately, banks don’t offer much growth, and the only way to build your wealth is to brave the uncharted waters of the investment world. To succeed in this new venture, you need a strategy. Here are three of them to get you started.
That might lead you to wonder: What is a good return? The truth is, the answer depends on your goals and the amount of risk you’re willing or able to take while investing your hard-earned cash. Ideally, investments should at least surpass the inflation rate because, if not, your money loses its value as time passes by.