by themdpreneur | Jun 15, 2021 | Business Finance, Investing, Personal Finance
High Yield Bonds Equal High-Risk Investments Bonds are an investment in a company’s debt. They are loans. Companies issue bonds and investors purchase them. Like any loan, there is a principal amount, a date when it will be returned, and an interest rate. The date...
by themdpreneur | Jun 8, 2021 | Personal Finance
Who’s Got Your Number? Do you go over your credit card statements to check every transaction? If not, you’re a prime target for credit card scammers. They could have your card number right now, charging up a storm. Unfortunately, you’re not alone. Experian reports...
by themdpreneur | May 3, 2021 | COVID, Personal Finance
Live a Little – Splurge! We are all so tired of worrying. We’re sick of watching our pennies. We have an emergency fund, we pay into our 401(k). It feels forever since we did something fun or gave ourselves a treat. As the pandemic winds down, surely, we deserve...
by themdpreneur | Apr 24, 2021 | Personal Finance
How to Decide When to Buy a House There are two major factors in buying a house. One is the market and the other is whether or not you’re financially ready to make the leap. Interest rates on mortgages are at an all-time low, but no one wants a repeat of the subprime...
by themdpreneur | Apr 14, 2021 | Personal Finance, Retirement
Roth 401k & Roth IRA: Tax-free retirement funds When it comes to your retirement, a Roth 401k and a Roth IRA are both funded with post-tax dollars. The money you put into them is taxed at the time you contribute. That’s the opposite of a traditional 401k and IRA,...
by themdpreneur | Apr 12, 2021 | Personal Finance, Real estate
Can You Buy a House Outright With Cash? Yes, you can buy a house with cash, as long as you have the money to do it. The mortgage industry has changed since the subprime housing bubble exploded in 2007. It’s gotten harder to get a mortgage. The buying lifecycle...
