Saving and Investing

This article from Bloomberg explains how Americans are wired against long term planning, and most importantly saving for retirement. Not only do people underestimate how much they need to save for retirement but they also start saving too late in life. Several strategies are outlined to help train yourself for productive retirement planning, to read… Read More

An article from Fidelity Investments gives some age-based guidelines for successful rates of savings for retirement! For example, they say that at age 35, you should have saved an amount equal to your annual salary. The guidelines are meant more to encourage savings at a younger age, not to scare people with unattainable goals. Read… Read More

Penny stocks are common stocks, which cost $5 or less. In comparison to the other stocks, which are traded in the normal market, penny stocks are traded over the counter. The special thing about penny stocks is that they have an enormous potential to raise their value. Even if the stock doesn’t increase in value, many take… Read More

Daniel Bortz reports that parents should start to teach their children about money as early as possible, so they are raised to understand the value of money and how to handle it. He offers six ideas for making money fun for kids. Link to original story click here!  Read More