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In order to simplify investing for many ETFs have become increasingly popular. Now with just a few bucks you can own partial shares of 10's or hundreds of companies instantly creating a diversified portfolio.
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You may have seen it already or even thought it yourself as you crunch the numbers and try to plan for retirement. We get it there's a lot of things and unknowns that happen in life and before you know it it's time to try and start thinking about retirement.
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You've been with your bank for years, you trust them and you like the stability and trust you have built over the years. You feel that loyalty will pay off when it comes time to take out a loan such as a mortgage. But there's a dark secret your bank isn't telling you.
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SoFi is a stock I invested in a few years back and it's been one of my top performers. Like anything though when you see 250% gains you might think lock it in! But there's more to it...
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Cover call ETFs have been getting a lot of popularity as of late. This is mainly due to them having rather high yields that far outpace dividend yields of stocks. There's even some paying out well over 100% yields which have been showing up recently in a lot of YouTube videos. But there's a lot of unpack here so let's dive into it.
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Dollar cost averaging is an investment method where you take a certain amount of money and invest it in a repeated cycle. For example investing $50 weekly, $500 bi weekly (paycheck most likely) or something like $1,000 a month. You could even set up a daily $5 investment if you wanted to.
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When it comes to being wealthy you either get it at birth or you have to build up to it. Here are 7 of the most common methods that wealthy people generate their generational wealth and some tips on how you can apply each into your own life.
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If you haven't been able to tell yet in life it's going to throw you a ton of curve balls and lots of uncertainty without any kind of warning. This is where relying on a single source of income is incredibly risky and is why you often hear people talking about diversification.
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You might have thought all there was to investing was buying and selling stocks but there's other layers to all of it that many use to make extra money from extra risk. One of those ways which we will be going over in this article is what is known as call options.