Little Known Hacks I Learned Making My First Few Million
This is a summary of the best-selling personal finance book of all time, Rich Dad Poor Dad.
Told as a true story from a first person narrative, Rich Dad Poor Dad was written by author Robert Kiyosaki. The book is controversial, because it doesn’t advise you to follow the standard dogma of penny pinching or relying on a 401K. [Read more…] about Rich Dad Poor Dad Summary – A Foolproof System for Wealth
Study after study tells us that, on average, Americans aren’t saving enough to cover their retirement. In fact, an estimated 15% of Americans have no retirement savings at all, and around 45% of people think they will run out of money in retirement.
The statistics are worrying, especially if you aren’t sure how to start saving for the future. After all, if you’re a total beginner, how are you supposed to come up with a solid investment plan that meets your needs? [Read more…] about Create an Investment Plan: 8 Investing Hacks for Beginners
If you’ve been paying attention to the stock market at all in the last year, you are likely aware that retail investing is booming. Maybe you have even noticed some of your friends or family members who never seemed interested in investing have recently started buying and selling securities and options. [Read more…] about A Straight-Forward Guide on How to Make Your First Investment
Trading and investing are hot topics. Cryptocurrency investing has made many wealthy. Retail traders and investors have jumped into the stock market using commission-free brokers. In early 2021, retail traders challenged Wall Street pros by piling into stocks such as GameStop, earning large returns for many.
In such an environment, it’s easy to think of a government bond as a thing of the past, but these loans are still useful! [Read more…] about What Is a Government Bond? A Complete Beginners Guide
What is a small cap stock? It’s a “smaller” company—defined as one with a market capitalization (“cap”) under about a billion dollars.
Market capitalization (also called “market cap”) is just a fancy way of saying the total value of a company’s shares of stock. This is calculated by taking a company’s price per share and multiplying it by the total number of shares. [Read more…] about What is a small cap stock?