Retirement Planning: Basic Steps You Must Take

Retirement planning is not an option but a must. Have you started planning for your retirement? This is an area you need to take very serious. There is a saying that; anyone who fails to plan has planned to fail. This is to tell you how dangerous it can be for anyone not to have a solid retirement planning in place. You can’t afford to leave your future to chance. Now, people are beginning to take retirement planning very serious. Therefore, sitting on the fence may not help you as an individual. Not having a plan goes beyond refusal to Continue ReadingRetirement Planning: Basic Steps You Must Take

High Dividend Stocks Investing for Beginner Investors

What are Dividend stocks? Stocks are classified as dividends stocks if the shareholders are rewarded on a regular and consistent basis with the significant portion of the income of the companies in which they had invested. When you invest in the stock of a company, you will be expecting returns on your investment. Returns on investment in stocks usually come in three ways. It can come through appreciation in the stock price, dividend income and the hybrid of the two. But when the returns you get from your investment in a particular stock is largely through dividend income; that stock Continue ReadingHigh Dividend Stocks Investing for Beginner Investors

Understanding Mutual Funds Investing

What are Mutual Funds? Mutual Funds serve as alternative to stock investing especially for those who don’t have expertise or time to analyse or monitor stocks by themselves. By definition, a mutual fund is a company that usually pool money together from different investors to purchase stocks, bonds, short term money market instruments and other securities. The combination of these securities and assting in mutual funds is similar but quite different from stocks investing. When you invest in mutual funds, you are buying the shares of the mutual fund company. The mutual fund in turn uses the money you invested Continue ReadingUnderstanding Mutual Funds Investing