### The Pitfall of ‘Buy and Hold’ Mutual Funds Over the last ten years, sticking to a ‘buy and hold’ strategy for mutual funds hasn’t been very effective. Instead, Exchange Traded Funds (ETFs), the Modern Portfolio Theory, and a strategy of rebalancing twice a year have shown better results. These approaches have taken advantage of …
Many millennials are hesitant about investing because they think they don’t have enough money, but that’s not true. You don’t need a lot to start investing. With a good budget plan, most people can find a way to invest. Another big reason people shy away from investing is fear. Many equate investing with gambling or …
A Home Equity Line of Credit, or HELOC, lets homeowners borrow money by leveraging the value of their home. It’s like having a second mortgage, with your original mortgage still being the primary claim on the house. If you’re trying to decide between a HELOC and a Home Equity Loan, here’s what you need to …
The average American spends about 42 minutes a day shopping, while dedicating only 35 minutes to socializing. This information comes from the “American Time Use Survey” by the U.S. Bureau of Labor Statistics, which looks at how people over 15 years old spend their time throughout the year. Interestingly, socializing tends to become more prominent …
As we kick off the new year, it’s common to set goals for ourselves, and one of the most popular is getting in shape or losing weight. Whether it’s guilt from holiday indulgences or fatigue from holiday shopping, the drive to improve ourselves is strong, though succeeding can be tough. Here’s how to make your …
Staying motivated to keep up with your health and fitness during the cold, dark winter days can be tough! Whether it’s heading out for a morning run, biking to work, or hitting the gym in the evening, the drop in motivation can make staying active harder. Winter tiredness often makes us feel more sluggish because …
Seeing the total climb at the grocery store checkout is becoming more unsettling every day, and it’s even harder for those with lower incomes who can’t conveniently shop at discount stores. The United Nations has noted a record spike in global food prices as of February, driven by rising gas costs and stockpiling by importers, …
When it comes to losing weight during the holidays, it’s smart to keep your expectations realistic. It’s great to aim high, but remember that this season can be pretty challenging. Most people attend at least 3-4 family or work gatherings, if not more. Think about all the delicious foods, like pies, cakes, and casseroles, you’ll …
Thinking about financial comfort probably sounds appealing to most of us. However, the real challenge is figuring out what financial progress truly means. When I first started my journey towards financial stability, I thought it would solve all my money worries. But in reality, financial issues persist. Life is full of unexpected expenses, accidental overspending, …
If you’ve been following the news over the last four years, you’ve probably noticed how significantly bank loans to individuals and businesses have decreased. Despite trying various tactics to boost credit availability, getting loans from traditional banks feels harder now than ever. As a result, both businesses and consumers are turning to different financial sources, …