How Opening a New Credit Card Affects Your Credit Score
admin Before you submit another credit card application, be aware of three ways in which opening a new credit card negatively affects your credit score. This knowledge may lead you to…
7 Steps for Finding the Best Financial Advisor
Hiring a financial advisor is equivalent to hiring a chief financial officer for you or your family. You want to use a disciplined process to find someone with whom you…
George Soros’s Bet Against Britain
One day in 1992, George Soros became one of the most famous currency traders in the world. This was all thanks to his timely and brave bet against the Bank…
What Is a Commodity?
Key Takeaways Commodities, one of the major investment classes, are raw materials or agricultural products that can be bought and sold in bulk. Commodities are traded on a futures market,…
What Is a Deed of Trust?
Key Takeaways A deed of trust is a type of security for a loan that names a third party called the “trustee” to hold the legal title until you pay…
Issue Size and Date, Maturity Value, Coupon
You can add bonds to your investment portfolio to provide stability. That’s because bonds are known to be safe investments. When you invest in bonds, you’re getting a steady stream…
Best Equal-Weight ETFs for 2022
ETF Name AUM (as of May 27, 2022) Expense Ratio Inception Date Invesco S&P 500 Equal-Weight ETF (RSP) $32.5 billion 0.20% April 24, 2003 First Trust NASDAQ-100 Equal-Weighted Index Fund…
How to Pay Taxes on a Roth IRA
A Roth IRA is a type of individual retirement arrangement that works differently from other types of IRAs. With a traditional IRA, you make contributions tax-free, paying the taxes when…
The Pros and Cons of Taking a 401(k) Loan
Taking out a loan from your 401(k) plan can be the financial lifeline you need when you incur a large and unexpected debt. Tapping into your retirement account is a…
How To Use Online Shopping Portals To Boost Rewards
If you have a rewards credit card, you’re likely already earning cash back, points, or thousands on every purchase you make. But with some rewards programs, you can earn even…