How many credit cards should you have?

How Many Credit Cards Should You Have?

How many credit cards should you have? There is no one size fits all answer to this question. If you have a lot of debt that you are trying to pay off, or if you struggle to keep a strict budget, then the answer in your case is to have zero credit cards. … [Read More...]

Investing

penny stock

How To Find The Right Or Wrong Penny Stock

"My friend told me about this mining stock that will spike from $0.001 to $5 over the next 6 months."  WOW, this is a great investment right?...wrong.  Almost everyday someone calls me to talk about some hot penny stock that they know is going to take off. … [Read More...]

Infographics

permanent life insurance

The American Dream – Midweek Infographic

As Americans, we're used to a much higher standard of living than the rest of the world. By the age of 30, many of us expect to graduate from college, buy a car, get married and then buy a house with our new bride. Everybody should strive and hopefully achieve … [Read More...]

jar of coins

Overcoming Common Fears of Investing

Investing in the stock market can yield rewarding returns and help you secure a comfortable retirement.  But many are afraid to make the leap into this realm.  In fact, a recent survey conducted by GOBankingRates claims that 55% of Americans aren’t investing … [Read More]

Personal Financial Update, Feb 2020

February is here and so are thoughts of winter coming to an end.  Here in the Northeast we’re looking at another month and change of winter, then the weather will finally start to break.  As mentioned in my last update I’ve been making a Spring project list of … [Read More]

How to NOT Protect Your Net Worth

You are hopefully living life within your means, paying off or avoiding consumer debt, and building net worth. If you are, then congratulations. You already have a winning strategy in place, and you probably already know what you need to do in order to grow … [Read More]

Personal Financial Update Part 2, JAN 2020

January 2020 is already coming to an end.  I can’t complain too much, as this winter has been mild for the most part.  I haven’t had to plow my driveway yet or shovel much snow.  Heating costs are also keeping low this winter.  So, how are my finances fairing … [Read More]

Investing in Wine 2020

  Investing in wine can be very lucrative, often yielding double digit returns.  This easy beat most other forms of investments and can be a profitable investment alternative.  A word of caution; investing in wine has a high barrier to entry, as most … [Read More]

Personal Update 1, January 2020

Welcome to 2020.  I hope that all of you are achieving all your goals and have mapped out a plan for the year ahead.  Things are starting out well for me.  With the record highs in the markets my portfolio is sitting at near highs as well.  I’ve also seen some … [Read More]