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Investing 101: 3 Things You Should Know about Mutual Funds

  December 24, 2014  |    #Make Money

This is our second post in a series about investment types. As 51 percent of Americans didn’t save for retirement in 2014, they unfortunately have so far missed out on the fourth longest bull market run in history. The most common reason survey respondents gave for not investing was they didn’t know enough about investing to invest. With this series, we hope to demystify investing.

Last week we discussed individual stocks, both common and preferred stocks. This week, we’ll discuss mutual funds. Next week we’ll discuss exchange traded funds or ETFs.

Investing 101: 3 Things You Should Know About Stocks

  December 17, 2014  |    #Make Money

51 percent of Americans didn’t save for retirement in 2014 and, unfortunately, missed out on significant stock market gains. The most cited reason for not saving for retirement is lack of investment knowledge.

Over the next several weeks, we’ll discuss the most common investments types. With this information, you can build a foundation of investment knowledge. You’ll be able to make better decisions as to which investments are appropriate for you or give you enough information to ask more questions.

4 Places to Find Money

  December 8, 2014  |    #Make Money

The first four days of the official 2014 holiday shopping season were lackluster. Sales between Thanksgiving and Black Friday fell 11.3 percent from 2013. It’s as if U.S. consumers don’t have any money.

While it’s nothing to sing about, wages are up 2.1 percent year-over-year, however consumer spending also remains flat at 2.3 percent year-over year, similar to the last two years. This suggests that, while Americans love dining out, they are refraining from spending their money in other areas. This makes us happy. We hope money is being saved and put towards investments.