Money Management for the New Economy
Investors spend time analyzing how politics affects the stock market and future money trends. Perhaps investors should expand that sphere of influence to the areas of health and science. An emerging trend in the stock market points to analyzing the past and present health scares to see if illnesses or viruses provide a path toward…
DetailsAutomation and advancements in technology will always play a role in shaping jobs, the economy, and overall investment strategies. However, is it logical to assume workers may lose jobs because of robots? Mark Cuban, an American businessman, and owner of the Dallas Mavericks, Uber’s pilot program of self-driving cars in select cities like Pittsburgh and…
DetailsSince 2012, the franchise industry has grown by 17 percent or $552 billion, showing the potential to earn back 15 percent on return on investment (ROI). However, the recent troubles of Subway serve as a case study to examine if franchise ownership is worth the risk. Considerations in Franchising To even consider a franchise, people…
DetailsYou may find you have grown tired of your stock portfolio, 401(k) or mutual funds dictating your return on investment (ROI), or perhaps you continue to watch your savings or money market account barely generate an interest of one percent. In these cases, you may look at a future money trend of renting a property…
DetailsThose who rely on investing primarily via stocks and bonds may need to seek out future money trends to better balance their portfolios. One way to reduce risk is by investing in precious metals, a tangible commodity. Precious Metals Are Not Interchangeable Investments There is a common misunderstanding that silver, gold, platinum and palladium are…
DetailsAs we approach March, people have had time to reassess their New Year’s resolutions. They have an idea if they are meeting goals or need to revise them. Those that smartly budgeted may have some extra income and want to spend that. However, purchasing products when they are not a necessity, often results in spending…
DetailsNot all wealth management strategies need to focus on high gains. If you are not ready to implement a long-term strategy to increase your wealth, take some simple steps to better position yourself to invest in future money trends. Cut Down on Impulse Buys We all get tempted by the sodas, candy bars, bottled water…
DetailsThe move to increase interest rates in 2016, and the likelihood the Federal Reserve will increase them again in 2017, shows signs of a healthy economy. However, financial uncertainty can happen at any time. Having healthy credit card habits offers solid protection no matter the economic landscape. Benefits to Maintaining a Good Credit Score A…
DetailsMany people are excited today about all of the future money trends in the coming years. More people than ever before are trying to get out of debt and invest for the future. Over the long term, there are ways that you can better your investments in order to set yourself up for success in…
DetailsThere are a lot of people who are looking to take things to the next level in their financial lives. With all of the changes in the economy, you need to make sure you have the finances to deal with the coming trends. One of the biggest things that people need to remember is that…
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