Take a moment to think back to the days you were sitting in your first Economics class in high school. It probably started with a definition of Economics and an explanation of concepts such as scarcity, resources, opportunity cost, among others. Three or four classes in and you probably began Read more…
Below are my favourite personal finance week for this week. Enjoy. Is Stock Diversification Actually Important for Your Investment Portfolio To diversify or not, that is the question. The topic of diversification is one that divides opinions among well-respected financial experts and successful investors. On the one hand are those Read more…
Introduction One of the dreaded days in the calendar for many people is April 15. Many refer to it as the ‘tax day.’ April 15 is the due date for individuals, businesses, and charitable organizations to file their tax returns with the Internal Revenue Service (IRS). N.B: If April 15 Read more…
A Quick Introduction to Income Taxes Introduction ‘Why is my income less than the figure on my employment letter?’ Perhaps you asked this question when you got your first paycheck. Many people are left wondering when they received their first paycheck. The reason for the difference is simple – income Read more…
Below are my favourite personal finance content for the outgoing week. 6 Ways to Prevent Emotional Investing That Can Devastate Your Returns Nothing burns the hands of an investor more than investing with emotions. We all know about the greed-fear cycle. We sell out of fear when everyone is selling Read more…
Below are my favourite personal finance content for the outgoing week. Domino’s Stock is Better than FAANG stocks. The FAANG stocks (Facebook, Amazon, Apple, Netflix, and Google) are well known among investors for their incredible growth rate. Over the past five years, these stocks have grown 150%, 193%, 500%, 360%, Read more…
Introduction In this quarter, we have been looking at the topic of retirement and the various financial decisions you have to make in preparation for retirement. Retirement is a crucial period of life, and you cannot prepare too much for it. In this final article, we move away from planning Read more…
Below are my favourite personal finance content for the outgoing week. I hope you find them helpful. The 3 Basic Money Skills You Need To Know In this video, Dave Ramsey answers the question of a listener regarding buying a particular type of car. The questioner is an ardent saver Read more…
How to Manage Your Retirement Savings for a Satisfying Retirement Introduction While it is essential to save money for retirement, it is even more important to know how to manage your retirement savings to enjoy the retirement you deserve. Opening and operating retirement accounts is a good step in the Read more…
Below are my favourite personal finance content for the outgoing week. I hope you find them helpful. 5 Reasons It’s Smart to Lease a Car Right Now The situation with the pandemic means many people do not have the cash to pay down on a car purchase. This (among other Read more…