Politics news and features. Ken Livingstone, Jeremy Corbyn and Labour’s sad, slow death Ken Livingstone, Jeremy Corbyn and Labour’s sad, slow death The Kendall Jenner Pepsi ad clearly had admirable intentions The Kendall Jenner Pepsi ad clearly had admirable intentions Prince Harry calls for international governments to deliver on promise of a landmine free 2025 Prince Harry calls for international governments to deliver on promise of a landmine free 2025 April Fools' Day: Jeremy Corbyn has resigned as leader of the Labour Party April Fools' Day: Jeremy Corbyn has resigned as leader of the Labour Party Why Ivanka Trump is the real First Lady Why Ivanka Trump is the real First Lady Article 50 has been triggered.
Common Mistakes and Confusing Words in English - Learn English Mistakes. RRSP Future Value Calculator. BMO: Boomers warned housing-based retirement plans could backfire. About a third of Baby Boomers plan to sell their home to fund their retirement, according to a study that questions whether buyers will dry up as that massive segment of the population downsizes.
Bank of Montreal is warning Boomers not to count on that nest egg, while other observers suggest that even if prices don’t plunge, big increases in property values are a thing of the past. “They shouldn’t be relying on their homes because there are risks,” says Marlena Pospiech, a retirement strategist at the BMO Retirement Institute. The bank suggests the following risky scenario: As Canada’s population ages, more Boomers will be retiring and selling their homes, putting downward pressure on prices. [Boomers] could be in serious financial trouble if they are relying on their home, especially if they are highly leveraged BMO also says tighter lending standards and higher interest rates could reduce the number of eligible homebuyers and push people into smaller and less expensive homes.
What is Dollar Cost Averaging? Drip Your Way to Millions. If you have destroyed debt and saved up an emergency fund, then it’s time to start investing for the future.
Learning how to invest money isn’t hard, yet like swimming takes practice. I advise consulting an investment professional before you delve into the world of investing. [How to Choose an Investment Professional] One basic investing technique is called dollar cost averaging. What is Dollar Cost Averaging? This is a very basic investing principal. Dollar cost averaging is basically investing a certain amount from your paycheck each month year after year. Drip. drip. drip. drip. If you invest $50 a month that is $600 a year. Why Use Dollar Cost Averaging? So why use this method of dollar cost averaging (DCA)? You can’t time the market. *Note if you have a large lump sum and want to invest, dollar cost averaging may or may not not be best way to go.
More Dollar Cost Averaging Articles Across the Web. 24 Quick Actions You Can Do Today That Can Change Your Financial Life Forever. Note: This is a post from Adam Baker, founder of Man Vs.
Debt. Last week, while I was talking about our new You Vs. Debt class, we touched on the “status quo” of our Upside-Down Nation. We talked about our obsession with the debt-fueled life path and how it’s keeping millions trapped. But talk is cheap. I’m much more interested in action. And this week, I want to do my part to shatter any excuses or justifications you may have. I took the time to provide 24 different options. Sure, there’s little chance all will be viable for your situation. I’m asking for one. Do it. Action #1: Pull Your Credit Report (10-20 minutes) Simple steps: Visit Annual Credit Report – Visit annualcreditreport.com.
How this can change your life: When we first pulled Courtney’s credit report, we were saddened to find she was a victim of identity theft. We had better luck with my credit report, however I did discover a $200 collections account I didn’t even know existed! Action #3: Get 1 paying client (15-35 minutes)