Latest Stories
Most recently published stories in Trader.
3 Tips to Improve Your Finances Today
The COVID-19 pandemic has hit many people hard financially. From furloughs to job loss and from strict budgets to depleted savings and much more, people are making adjustments as needed. It's important to stay focused on your financial well-being and take simple steps so you can recover and thrive in the future.
By David Wyld5 years ago in Trader
Invest Like A Multi-Millionaire
Most people would do just about anything for a million dollars. Sure, a cool million isn’t what it used to be, but it is still a life changing sum of money that, if invested wisely, could reap a significant chunk of passive annual income spanning generations. The problem is, that human beings are impulsive creatures, and in this fast-paced world of cool consumerism, money has become an incredibly difficult thing for people to hold onto. In a culture where 70% of lottery winners end up going broke within 3 years, it’s apparent that many Americans struggle to cultivate a healthy relationship with money. Even if the average American was able to hold onto a significant portion of their salary, and modified their spending habits to consistently save money year after year, simply saving that money in a personal savings account would fall well short of the steps needed to ensure one’s needs were met throughout their retirement. A 2018 study found that 29% of baby boomers aged 65 to 72 were still working. According to a recent Transamerica survey, the median savings balance among baby boomers is a mere $144,000. It goes without saying, that even with an anticipated monthly Social Security payout of $1,300, $144,000 falls well short of providing any semblance of a comfortable retirement, given that the standard rule of thumb for determining a conservative retirement nest egg is to withdraw 4% annually over an estimated 20-year timeframe. I’m too lazy to do the math, but 4% of $144,000 might secure you four sold walls at a self-storage facility in Palm Springs. On a side note, I have seriously considered living in a storage locker for a brief period of time in my mid-twenties. I don’t understand why storage companies will not even consider the idea given this country’s current housing crisis.
By Colin Ortstadt5 years ago in Trader
A market correction Coming ?
Disclaimer: I hold no US stocks. This is an opinion piece based on history and past experience of a airborne infantryman serving in Iraq 05-06 with the 101st band of brothers, and a federal police officer for Airforce, with 5 years of travel abroad, working in jobs as a beekeeper in New Zealand, and wheat and barley farmer, and installing solar in Australia. I am an American I love my country and have some advice to protect yourself in the event of economic crisis.
By Sustainable Scott5 years ago in Trader
One Ticket Away from Making 7 Figures - A Virtual Event You Cannot Miss
For the fifth year, 7 Figure Flipping is going to be hosting a real estate conference. But this is no ordinary year. On October 15-17, Flip Hacking Live is going virtual. That means that anyone with computer access and a comfortable chair will be able to join in. You’ll hear about leadership, real estate investing, marketing, and how to hit millions of dollars in real estate investments from the comfort and safety of your own home.
By Victoria Kennedy5 years ago in Trader
Picking Business Winners:
We all aspire to backing winners, whether in sport or business. If you backed Apple or Amazon in the early days, you would be looking at lottery style returns. So, it is no wonder we are attracted to the dream of backing the next big thing! There are many ways to access the world of private business investments depending on your wealth and your risk appetite.
By Amy Mercer5 years ago in Trader
Why do you need to start investing early?
Nowadays, in an increasingly changing world and where globalization has totally changed the way we educate and inform ourselves, investment items are more and more abundant, but unfortunately, the increase has not been seen as it was expected from people interested in starting investing at an early age.
By José Ricardo5 years ago in Trader
Basic Trading Charting
There are a couple of different bars and candlestick charts. Since my knowledge is in candlestick charting, I will focus on how candlestick charting helps me in my trades. As some would refer to them as focus on high and low opening and closing prices at a certain point in the chart, candidates or bars would refer to them. If you focus on daily charting than each bar/candlesticks exemplify a specific day of trading activity. Some people like to watch their stocks and set the trading at two minutes; however, some do 15 minutes.
By Nia on Air5 years ago in Trader
How To Afford a Home Mortgage
Taking the first step into the process of home buying to ultimately become a homeowner is a daunting task. It may seem like a foreign process if you've never been through it before and you quickly learn that buying a home is much more entitled than buying a car. There are inspections to be had, prices to be negotiated, and terms to be understood. You'll quickly learn comps aren't complimentary items. You'll be getting nothing free out of this deal. However, by the time a deal is done and you are kicking back in the first home that is truly yours, it will all be worth it. If you would like to own a home but think you can't afford it, you're thinking is all wrong. Here are five reasons why you can afford a home and why this American dream should be realized for you in the very near future.
By Craig Middleton5 years ago in Trader
