Why You Should Invest in the Stock Market

Putting your money on a low interest savings account is not such a good idea especially if you have big financial goals such as buying a house, sending your kids to college or saving for retirement.  The only way to get more money is to make your money work for you by investing it.  Investments will generate more money for you in the future through interests and price appreciation.  In other words, you invest to create wealth. Continue reading Why You Should Invest in the Stock Market

Advice from The Richest Man in Babylon

You have been working very hard all your life. Yet, you found yourself in the same financial situation over and over again. Your income is barely enough to cover your basic needs. You are trapped in the rat race. You often wonder, what is it that you have been doing wrong? How come there are some people who are getting richer and richer by the day while you who had been working very hard is getting nowhere?

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What Will Your Retirement Look Like?

According to statistics, out of every 100 persons aged 65, 96% are either dead or dead broke, 3% are comfortable and only 1% are wealthy. Because of this, many retirees continue to work long after their retirement age. Others are dependent on their social security payments, which are never enough; while some depend on their children’s money or support for their day-to-day expenses like food, utilities, transportation and maintenance drugs. Most problem arises when there is an unexpected medical emergency.

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