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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.
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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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Wondering if you should be maxing out your 401k and if it's the best move? There's not one solid answer for everyone and each person is going to have their own goals and things are not so crystal clear as some might lead you to think.
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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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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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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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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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Building passive income streams is the core of building wealth. What starts off slow can quickly snowball into massive generational wealth. The issue is many people are unsure of where or how to start or even that the process it just too slow and abandon what they should have kept going after.
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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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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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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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Understanding the power of compounding invest and investing is power but few really understand it. Many are stuck in the first 100k gap and just don't see big enough numbers that they end up stopping. But what if I told you that's actually when you need to focus down because once you hit that first $100,000 things start to change in a big way.
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Imagine for a moment being able to wake up on any given day and making choices based on how you feel and what you want to do. Do you want to invest a days worth of work are you feeling extra motivated that day? Or do you want to go fishing for the day or half and half it. Living this type of lifestyle and striving for it as quickly as possible is what FIRE is all about.
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Getting ahead doesn't have to be hard. Follow these simple tips to getting back on your feet and investing towards the future you, your family and generations to come. This groundwork can help you take what might feel like a endless trap and turn in back into your favor.
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SCHD otherwise known as Schwab U.S. Dividend Equity ETF has become a very popular ETF to get your hands on over the last few years. Most people at the moment feel like SCHD is under performing so in this article we are going to go over why that might be and if we are over expecting the delivery of this ETF.
This ETF currently has heavy exposure to two critical sectors those being...
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Is money just a random number to you and something you never can seem to get enough of? The 1% don't just accumulate money they think about it differently. This unique perspective helps the top one percent shape their decisions and powers their success.
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Ever wonder how the 1% make or keep their money and remain in that 1%? Well in this article we are going to go over the five top ways that the 1% have earned and continue to growth their holdings.
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What the top 1% does with their money and how you can start building your very own generational wealth that not only benefits you but benefits generations after you.
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Every year this number will change with inflation, savings rates increase or decreasing and so forth so let's have a look at what it is in 2025.
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Looking to start investing towards retirement and get serious about it? Then this article is going to help you get a solid footing and where and how to start off. Your payday does bring a sense of relief but it also brings massive possibilities.