Latest Stories
Most recently published stories in Trader.
How Do Insurance Companies Make Money?
Ah, insurance. There's never been a truer thing that you can't live with or live without. This is especially true when people who can't afford health insurance get hit with a tax penalty that makes them... well, even less able to afford health insurance.
By Trish Gilmore7 years ago in Trader
4 Reasons Day Traders Lose Money
Day trading can be a very lucrative profession. When things go right, day traders can make incredible amounts of money in very short periods of time, far outpacing more casual investors. But day traders can also lose big. In fact, most experts believe that the majority of day traders—perhaps even a supermajority—lose money.
By Claire Peters7 years ago in Trader
Does Rent Decrease with a Recession?
Theoretically, if you're not getting any raises and the cost of necessities like utilities, groceries, and gas are all going up, your rent should go down. If the nation is in a recession and people start tightening their belts on spending, you'd think that landlords might take pity and charge a little less to offset that change.
By Trish Gilmore7 years ago in Trader
How to Get Your Finances in Order
According to a NerdWallet survey, 64 percent of Americans currently have credit card debt or have faced debt in the past. Although facing your finances head-on might seem like a stressful task, it can be made easier with organization. A lack of organization can actually harm your finances more than being short on cash because simple things like losing track of bills can lead to late fees, and not keeping track of your checking account can cause overdraft fees. With that in mind, here are some tips for getting your finances in order and staying organized.
By Claire Peters7 years ago in Trader
Becoming Investment Savvy
One of the most frequent questions I hear is, "How do I start investing?" To me there is a lot under that question that I need to massage out before I just recommend a fund or particular stock. Why do you want to invest? Short term or long term? How much can you invest? Do you have enough in liquid savings? And more…
By Isaiah Goodman7 years ago in Trader
Understanding Risk in Investing
When it comes to building wealth, investing is the most powerful tool that most of us have access to. But wherever you find opportunities to make money, you find risks—and investing is no exception. Indeed, nowhere is the balance of risk and reward more obvious than in the world of investing.
By Carlos Fox7 years ago in Trader
Let's Not Play Catch Up
One of the damaging ways that generations fail or what keeps us from progressing is when you let problems, enemies, or circumstances get in between your family. I am very passionate about family, family legacy, support, growth, and faithfulness. In this particular write-up, I want to focus on the financial struggle and why it seems like others are progressing and building wealth. How can we better prepare, prevent, and establish more opportunities for the next generation, especially in the black community? In the near future, I will touch on more specific ways and alternatives to move forward, but now its more about getting the focus on the topic.
By Jarrod Foster7 years ago in Trader
Dividend Payments
So you are in a place where you want your money to work for you. Over time the compounding interest you earn today can help you live jobless into the future. Let's begin saving and investing as soon as we can so we have something to work off of in the future. Maybe it's retirement or maybe we want a house down the road. Believe it or not time waits for no one and eventually, you will have bills. If we start early enough we can work less in the future and have more free time to do what we want. Let's dive into some investment stocks that pay dividends and with a healthy amount can allow us to earn passive income.
By Marcus Azaria7 years ago in Trader
What Is Socially Responsible Investing?
The more you look at the news, the harder it is to have faith that corporations will do the right thing. It's not even because of old industry standards involving environmental damage like the things that happened in Bhopal or Love Canal either. New evidence of corporate corruption crops up all the time.
By Cato Conroy7 years ago in Trader
Becoming Efficient
What do you think of when you hear the word "taxes?" Some people think it's theft! Some people think they are needed for the US to thrive as a nation. And they think people who make more money should pay the most taxes. From what I've found with our clients, most people think of taxes as a necessary nuisance.
By Isaiah Goodman7 years ago in Trader
