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Custom Beanies for Small Enterprises Custom beanies can serve as more than cozy accessories; they’re an essential branding tool for small…
The mining industry is experiencing unprecedented change due to technological advancement, environmental factors, and shifts in international demand. Successful leadership would help prevent the chaos towards long-term strategic success. Below are five key leadership strategies that will shape the future of mining. Diversification of Revenue Streams Mining companies can also venture into new opportunities, such […]
Introduction to Custom Hats Custom hats make an impressive fashion statement! Wear one to promote your business or event or express…
In accordance with one of my New Years Goals, I’ve been meeting with and interviewing financial advisors. And it’s made me stop and take stock of some of my money habits and think more broadly about our financial goals. Since the early days of the blog, I’ve been a saver. And there are two types of savers: Those who put all funds in a single lump sum savings account. Those who have several savings accounts for several distinct purposes. For years and years, I’ve fallen into Category 2, above. I have talked many times about my love of Capital One. I have a travel credit card through them (and love using the travel lounge for free as a perk!) In addition, I also have several savings accounts through Capital One 360. Each has a separate name, as an easy way to help me keep my money organized. For example, I have savings labeled: Home repairs, annual fees, travel, car repairs, and emergency fund. I’ve even opened two separate CDs: one for travel, and one for my EF. I have a smaller amount of money in the savings accounts, but more in the CDs for these two categories. All of this may seem very complicated, but I had it very organized and I liked having these separate pots of money. Remember when I recently had to pay for some very costly car repairs? I really appreciated having a pot of money sitting there specifically earmarked for car repairs! It was so much LESS stressful than in years past where I had to take out a BrakeMax credit card to save some money since I couldn’t afford to pay for the full repair at once. Recently, though, my perspective has been shifting. Now I’m leaning toward opening a single savings account and closing several of my Capital One accounts. Here me out… Factors Influencing My Thought Process Interest Rates – When I first opened my Capital One 360 savings accounts, they were considered “high yield” accounts. My personal rate is 2.7%. The rate for my CDs is 4.5% and 5.0% respectively (I opened my CDs at different times, and the rates had changed from opening one to the second). This is no longer a very competitive rate. For instance, I found I can open up an e-trade savings account for 4% right now. Windfall – I mentioned a few months back about an inheritance we were set to receive. Since then, my father passed away, and another inheritance is coming. Given the influx in funds we are set to receive, it made me start to realize how unnecessarily complicated it is to have money stashed in so many different places. One place would be easier. This then leads me to the question: What does “fully funded” look like? I have all these savings accounts for all these purposes and it worked because I had a separate budget line in my category for each of these things.
A reader writes in, asking: “Could you please clarify Morningstar’s new findings from Jason Kephart that delaying social security until age 70 while using one’s retirement portfolio may not be the optimal approach. Confusing after years of reading research advising of benefits to use portfolio to cover bridge from start of retirement to age 70 for highest income person.” For reference, for anybody who hasn’t encountered it yet: You can download the actual paper here. Here’s […]
Last week we focused on kitchens and baths. I posted a quick outline of what I planned to do, and just finished a while ago as I type this. Now on to week two! The post 2025 MINIMALISM IN MARCH: WEEK TWO appeared first on a life on a dime.
I recently listened to an episode of the BiggerPockets Money Podcast titled The Middle-Class Trap That Could Keep You from FIRE (How to Escape It). The hosts Mindy Jensen and Scott Trench defined the “middle-class trap” as follows: You do everything you are “supposed” to do financially. You buy a home and max out your… The post How to Avoid the “Middle-Class Trap” appeared first on Can I Retire Yet?.
Let’s say you’ve come into a large sum of money—perhaps $1 million or more from stock grants, a bonus, or the sale of a home. Congratulations! After accounting for taxes, the real challenge is deciding how to invest it. Given the significant amount, the last thing you want to do is lose a portion of […] The post A Simple Three-Step Process To Investing A Lot Of Money Wisely appeared first on Financial Samurai.
I wanted to read 5 Years to Freedom: A Canadian Guide to Early Retirement by Réjean Venne as one of the five books in my personal finance resolutions for 2025. This book was written and published in 2021 and the author is a Canadian who … Read more5 Years to Freedom Book review The post 5 Years to Freedom Book review appeared first on Genymoney.ca.
Today’s Talk Your Book is brought to you by Aptus Capital Advisors: See here for more information on the full suite of active ETFs and services provided by Aptus On today’s show, we discuss: Who Aptus is The profile of the typical advisor Aptus works with Why option strategies are getting popular How to replace traditional allocation with option strategies Shifting to riskier portfolios using option strategie…
You need three things to paint a masterpiece: the paint, brushes, and something to paint on. Although professionals tend to use traditional painting surfaces like … Read more
Image Source: Pexels Are you craving a fine dining experience, but don’t want to spend a lot of money? It’s possible to enjoy the finer things in life without going over your monthly food and dining budget. Here are all the tips you need to find affordable fine dining experiences. Take Advantage of Events Almost every major city has some sort of restaurant week where special menus are offered at a reasonable price. Restaurants may […]
Groundfloor Investing – Invest in Real Estate Debt Diversifying an investment portfolio is important in order to boost your investing returns. In addition to other forms of debt investing, real estate crowdfunding allows you to diversify and receive a passive income stream. This Groundfloor Investing Review provides all the information you’ll need to find out whether Groundfloor is right for you. Groundfloor is qualified by the Securities and Exchange Commission (SEC) to offer real estate debt investments. Unlike most private real estate investments, Groundfloor serves accredited and non-accredited investors (i.e. everyone) via a mobile app and desktop browser. The Groundfloor investing platform brings together borrowers seeking short-term real estate project financing and investors looking for cash flow through short-term real estate debt. This Groundfloor review explains how investors can be the bank, and loan money to real estate investors. Contents Toggle Groundfloor Investing – Invest in Real Estate DebtWhat is Groundfloor?What You are Investing in at Groundfloor?Pros and Cons of GroundfloorProsConsGroundfloor History Who is Eligible for Groundfloor Investing?How Does Groundfloor Work?Flywheel PortfolioGroundfloor Flywheel Portfolio FeesGroundfloor Real Estate NotesGroundfloor LiquidityGroundfloor Mobile App and Auto Investor FeatureGroundfloor FeesHow to Make Money on Groundfloor?Groundfloor Risk – Loan DefaultsFAQWhich Are the Best Groundfloor Alternatives?Groundfloor Vs. FundriseGroundfloor Vs. PeerStreetGroundfloor Vs. CrowdStreetIs Groundfloor Investing for You? Wrap upRelated This article may contain affiliate links which means that – at zero cost to you – I might earn a commission if you sign up or buy through the affiliate link. Currently, our Groundfloor investment review research reveals that the company has more than 260,000 registered users who have invested more than $1.6 billion since inception. Historical returns stand at 10% on average, with less than a 1% loss ratio since 2013. Over 5,800 loans successfully repaid to date. Although, it’s important to understand that your returns may vary from Groundfloor’s historical average. Our comprehensive Groundfloor U.S. review provides the information you need to decide if Groundfloor investing is right for you. What is Groundfloor? Groundfloor finance is an alternative investment platform and mobile app (available via Apple App and Google Play Store), making it easy for anyone to start fractionally investing into real estate loans. No prior real estate knowledge is required as Groundfloor allows everyone to transfer in funds and diversify automatically into hundreds of projects at once. Additionally, with the launch of the Flywheel Portfolio in October 2024, investors can enjoy weekly cash flow along with broad diversification, to minimize the risk of an unperforming loan. What You are Investing in at Groundfloor? The Groundfloor real estate platform lends to a variety of real estate investors. Most of these loans are issued to experienced developers who are flipping homes, building new construction homes or refinancing for long-term holds or rentals. Importantly for investors, Groundfloor usually holds a first-lien position on these loans and are backed by the underlying asset of the home itself. Should the borrower have difficulty repaying the loan, any payments go to those in a first-lien position, ahead of other creditors. Groundfloor’s model