The Outdated 401(k)

Is your retirement plan entirely wrapped up in your 401(k)? If so, you might want to rethink your personal finance strategy. 401(k) funds were initially designed to create employer-provided, tax-advantaged complements to existing investment portfolios. Over the years, 401(k) funds have become both outdated and expensive. The Cost of a 401(k) The initial goal of…

What Are The Three Major Types of Investment?

If you’re looking to break into investing, there are three major types of investment you’ll be looking toward: ownership investments, lending investments, and cash equivalents. Though there are thousands upon thousands of investment opportunities open to you, they will usually fall into these three broad categories. Acclimating yourself with the benefits and drawbacks of each…

Strategies for Raising Your Credit Score

For many Americans raising their credit score is the most challenging aspect of their personal financial strategy. By increasing your credit score, you gain access to better loans and improve the entirety of your financial outlook. But it’s certainly not easy. Here are a few of the major strategies that you can use to increase…

Why Is Your Credit Score So Important?

You know that your credit score is important, but you might not know exactly how important it is. Your credit score affects more than just your ability to get credit cards — it affects everything from getting a better apartment rental to potentially qualifying for a new job.1. You Get Better Loan and Credit Card…

Don’t Count on the Fed for a Soft Landing

Almost the entire investment world has their eyes on the Federal Reserve. Will they raise interest rates? Will they hold? What the hell are they going to do after seven years of zero percent interest rates, trillions in quantative easing, and massively distorted markets? This is the world our central bank has created. They have…