Interest… you pay it on your mortgage, car loan, and credit cards, and you earn interest on savings. But how does interest work? The reality is that a lot of people are pretty clueless when it comes to how interest works. There are just so many different factors – how it compounds, loan periods, how the[…] The post What is Interest and How Does it Work? appeared first on Millennial Money Man.
In the last 2 weeks, there has been 1 company in the news that has been polarizing opinions. That company is ,Nikola Motors (NKLA),. Some are saying it’s the next Tesla and you have to invest in it right now and you can retire in a few years, while others are calling this company a complete scam. So which is it? I decided to take a look at their website, lo and behold, I ordered […]
Part of my portfolio has been dedicated to dividend stocks. As I get older, my intention is to shift a larger portion of my portfolio into stocks that are relatively stable and pay dividends. The key reason for this is obvious, at some point in the future, I want this portfolio to give me regular returns automatically without me having to actively check prices and move my stock positions. The objective of this post is […]
Don’t get gamed by in-app purchases Children and young people are on their phones, tablets and PCs more than ever before. And as much as we would like them to be working, they are also playing more games. and some are making in app purchases. These allow the player or app user to get further in a game or switch on special features which are not available in a free version of the app. What […]
Fundrise is an online crowd funding platform that allows investors to invest into real estate. The platform provides another avenue for passive income that can be helpful on the journey to financial freedom! That is the exact reason we have been investing with Fundrise. My wife and I have now been investing with Fundrise for over 15+ months. We cannot wait to share with you the performance and the additional income that the investment can […]