The economics of buying versus renting a home
Deciding whether to buy or rent a home is a big decision that can significantly impact your finances. In this post, I will discuss the… Read More »The economics of buying versus renting a home
Deciding whether to buy or rent a home is a big decision that can significantly impact your finances. In this post, I will discuss the… Read More »The economics of buying versus renting a home
A stock market is a place where people buy and sell shares of publicly traded companies. These shares represent ownership in the company and can… Read More »Stock market 101: Understanding the basics of the stock market
In today’s post, I will talk about what you should consider if you haven’t started investing in stocks yet or if you are a beginner… Read More »Stock market Investing 101
Whether investment should be done for the long term (retirement) or short term (if you are looking to pay for downpayment of a house), we… Read More »How do we change our mindset about investing?
In 2022, the U.S. stock market experienced what we call in finance a bear market. There was a prolonged drop in stock market prices because of… Read More »What should we do when the stock market falls? Should we panic and start selling?
A fund is a collection of money from many investors. This pool of money can be invested in stocks, bonds, in a specific sector, or a combination of them. The main advantage of investing in a fund is the diversification it provides to us by spreading our risk.
In my previous post, I wrote about the various types of assets you can use for investment. To have a diversified portfolio, you should invest in a variety of assets.
Diversification can mean two things -The first is diversifying within the same asset class. The second is having different asset classes in your investment portfolio.
After we have established 6 months’ worth of saving in a bank for our emergency fund, what do we do with our remaining savings? Finance… Read More »Investment basics, you should know: part 1
In my earlier post, I wrote about ways to fund your child’s college education. One of them was opening a 529 account. In this post,… Read More »What is a 529 plan in the U.S.?
Before I answer this question, I want you to look at the income of people with a college education vs people who don’t. Publicly available… Read More »How to fund higher education in the US?