economy
Economy and the area of production, distribution, trade, and consumption of goods and services.
Why You Should Start Taking Social Security Benefits at 62
Ah, Social Security. It's a boon for all those who want to retire or just cut down on work during their old age. After paying into it for decades, every American citizen will get the change to qualify for payouts that can help them live a comfortable lifestyle in retirement.
By Iggy Paulsen8 years ago in Journal
Living in Dallas, TX (Economics)
I am here to share a story about living and working in Dallas, Texas. People want to move here because they see that there are a lot of money opportunities here, but what they don't see is that it's also hard to find jobs here. Yes it is a lot of money flowing around, but the reality here is...it depends if you get the opportunity or not. Particularly for black people, it's hard here in Dallas. You have some employers here that are "secretly racist." They don't say any racist slurs but they ask you a lot of questions and then they rush you to the next question, not letting you answer much. One thing is for sure: they are not smiling at you because they are not happy to see you. They treat you differently than the other candidates. Here is another problem we face as job candidates: being bilingual. These days, you can't pass up a post that says "bilingual required." It's way too many!! It's hurting a lot of people who don't speak Spanish. You don't hear a lot of this because we have been trained here in Texas to not speak about certain things.
By Antwanette Howard8 years ago in Journal
Frequently Asked 401(k) Questions You Need the Answers To
Ah, the 401(k)—the modern corporate pension. Having a 401(k) is a smart way to make sure that you have enough money later on down the road, and if you're like many other Americans, it's also an epic retirement plan option given to you by the company you're employed by.
By Iggy Paulsen8 years ago in Journal
Top 5 Short Term Investments
When I was in high school, I took a consumer finance class. I have always been inclined to be business minded and I remember being very excited about the class when I registered. It only took me a few weeks to realize I was going to be sorely disappointed. One moment that accurately describes the entirety of the class was when the teacher shared an anecdote of a woman who she claimed was “the best investor she knew.”
By Logan Baker8 years ago in Journal
Investing Methods for 2018
Buy the Dip (Quality Companies) If you believe the market is going to grind higher, it is important to consider following this method of trading. Throughout 2017, there has been a series of short-lived rotations out of different sectors. An example of this can be seen in the recent rotation out of technology, and into retail and oil. This rotation has resulted in your favorite technology stocks having lower prices. Another way stock prices can severely decrease is through earnings misses or analysts not liking a company's guidance. For these reasons, I choose not to participate in earning season buying. When purchasing a stock before its earnings, it’s like gambling, since your hoping it will beat earnings and analyst’s expectations. A company will have to do this in order for investors not to take profits on the news. In order to best implement this method, I would recommend buying half the number of shares you want to own when the stock drops a severe amount. Once the investment is made, the next trading days and maybe weeks are essential as you are able to most effectively add to your position. One of the best things about this strategy, is if the price suddenly goes up before you add in, you are still able to make money. In contrast, if the price goes down, you will still have the funds to add to your position and lower your average price. The most important thing is to believe in the stock and your investment, and if you do, you will be incredibly grateful for such a cheap price. This is likely going to be a great opportunity, as the market has immense potential to grind higher for this upcoming year. The key is to buy quality companies that still have great fundamentals and are solely a victim to the rotation.
By Dylan Baldessari8 years ago in Journal
Investing Strategies for 2018
Portfolio Setup In order to have a successful year, some possible risks should be taken into account. These risks include foreign countries such as North Korea, political cannibalism, Fed rate hikes, and the unknown. In order to best minimize risk, you must diversify your portfolio. Investing in quality companies, ETF’s, Cryptocurrencies, and speculative companies-all having different volatilities-is the perfect way to invest for 2018. Trends have shown that the market will continually grind higher. With that being said, it is my recommendation to have three main accounts to best manage your money.
By Dylan Baldessari8 years ago in Journal
Christmas, Marketing, and Why I Almost Went Crazy at the Mall Today
The day I received my Marketing Degree, my Dad starting referring to me as a "Master Manipulator." I'd love to say it was affectionate, but I'm not sure it was. He would point his finger at me every time adverts came on the TV, unaddressed mail came through the letterbox, or "Sale" signs appeared in the local mall.
By Sarah Katherine8 years ago in Journal
Crypto Volatility vs. Instant Gratification
Throughout the history of the US market, there has always been a certain, accepted risk when it came to any individual willing to take the chance with their own money. A small amount of knowledge into any sort of security investment or trading platform will lend you the idea that any market movement comes with a calculated risk.
By Michael Grube8 years ago in Journal
Which Is the Best Credit Card in UK to Clear off £3000 of Debt?
According the a survey by consumer watchdog Which?, a quarter of British adults could only afford Christmas by borrowing. Three in twenty are still paying off debts from Christmas 2012 and four in ten adults admitted to using credit cards to buy essentials such as food during the festive period. According to a separate study, Britons have an average credit card debt of just under £3,000. It is estimated that over 2.5 million adults will take longer than six months to clear the debt they accumulated from their Christmas spending. Assuming you had an average level of credit card debt, what would be the cheapest card to use to pay down that debt? With credit card providers falling over themselves to offer ultra-long interest-free balance transfer deals, here we will look at which credit card would provide the cheapest way to clear this level of debt.
By linda kerane8 years ago in Journal
You May Be Able to Claim a Relative You Financially Support (Other than Your Child), on Your Tax Return
Some taxpayers are of the perception that they can only claim their own children on their tax returns, as legitimate dependents. Taxpayers, however, can also claim on as dependents, other persons who they support financially. Under tax law, these persons may qualify to be their “Qualified Relatives.” This person has to be someone who you actually supported financially for the tax year in question, but there are four basic tests that must be satisfied, to determine if you are eligible to claim that individual as your qualifying relative.
By Milton G. Boothe8 years ago in Journal
The Head of Household Filing Status — Some Interesting Facts that Are Oftentimes Overlooked
For an unmarried taxpayer, filing Head of Household (HOH) can have substantial financial benefits over filing as a single status taxpayer. In filing as Head of Household, one enjoys lower tax rates and a larger Standard Deduction. So if you are unmarried at the end of the tax year, you may consider filing your taxes using the favorable Head of Household (HOH) filing status, if two basic conditions are met.
By Milton G. Boothe8 years ago in Journal
