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You may be retired and considering investing some of your retirement nest egg. Depending on your situation, it is crucial that investing in the stock market, bond market, or other investments does not jeopardize your retirement savings. For this reason, investments that preserve your initial contribution but still provide growth opportunity is essential. Here, we […]
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Both trading and investing involve purchasing financial assets for the purpose of growing the value of those investments and either earning a profit through a sale, the accumulation of interest, or dividends paid out (and reinvested in the asset). Some of these financial instruments include: Individual stocks Bonds Exchange-traded fund (ETF) Index Fund Mutual Fund […]
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For Black business owners and entrepreneurs, systemic barriers and disparities in capital access may make it tough to get funding. You may feel like you’re swimming against the current while everyone else is floating down the river. Fortunately, there are several avenues you might explore to help secure funding for your business. Here are seven […]
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Back-to-school season is always a busy time, but in 2025, it comes with a bigger-than-normal price tag. Between inflation, tariffs, and general economic uncertainty, everything from pencils to laptops may cost more this year. According to Business Insider1, inflation is projected to rise to around 5% by mid-2025. For many families, that means tighter budgets […]
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About 61 million adults in the U.S. live with a disability. Many of these disabilities are serious enough to impact a person’s daily life.1 There may be financial benefits available to those whose disabilities leave them unable to hold down a job. However, these benefits may come with strict rules and regulations, such as limits […]
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Finances are dicey for those simultaneously caring for their parents and kids Over the last 20 years, the median-age for Americans (the median age is the point where exactly half the population is older and the other half is younger) has increased by about 3 ½ years. Today, the median age is 38.8 years. But […]
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Tariffs—taxes imposed on imported goods—have become an essential factor for investors to consider. They are typically used to protect domestic industries from foreign competition by increasing the costs of imported goods. However, tariffs may also used as a geopolitical strategy or a negotiation tactic in trade disputes. Regardless of their intended purpose, tariffs can significantly […]
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Working towards financial independence can often be a lifelong process. But for many, financial freedom may come far sooner—and include some fun along the way. What are the differences between financial independence and financial freedom, and what steps can you take to work towards both goals? Here we discuss the answers to these questions and […]
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Annuity distributions are categorized in two ways: withdrawals or annuitization (guaranteed income stream). The annuity contract itself explains the annuitization payout options available to you, including when they begin, whether the amount can be fixed or variable, and how long the payouts will last. Note: Guarantees are subject to the claims-paying ability of the issuing […]
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Owning a business has been proven to be an effective wealth-building strategy. Owners can take their business revenue and re-invest it back into the business as well as their personal portfolios. The more successful the company, the greater the amount of money owners will be able to set aside for their future personal investment needs […]