Increase your net worth by making an informed financial decision. Understand each category to reduce expense and increase your return.
Finance Devil interviews industry experts and researches all aspects of finance and investments.
Finance isn't just about growing and protecting your nest egg; it also means ensuring your nest egg is keeping up and exceeding the rate of inflation. According to the World Bank, in 2014, the inflation rate was 1.5%. This is the rate an investor must exceed to ensure their nest egg maintains today's current dollar value.
Finance Devil offers commentary, research, and insight on maintaining and growing your nest egg. Find out how long it will take to save a million dollars in your 401(k) using the compound interest calculator. Add an additional installment each month to a car loan and cut down the length of the loan term. Calculate how long an investment will take to double using the Rule of 72.
Get in touch
A Weekly Dose of Financial Updates and Research
When it is time to move out and find a new home, you may ask yourself, “Should I rent, or should I buy?” There are many factors that should be considered when answering this question. Three considerations that are most important in the rent vs buy analysis are the following: Finances Time Freedom Finances: Initial[…]
Options trading can be intimidating from the onset. Investors who purchase an options contract are not buying an equity or stock. Options trading can be speculative, but for a more savvy investor, it is a method to minimize losses and extend gains. What is an option in the first place? An option is a contract[…]
Options trading allows an investor to take part in an equity investment that trades at a significantly higher share price than the premium of the underlying stock. For example, Alphabet, Inc. is trading at $697.46 per share as of June 22, 2016. To purchase a round lot of 100 shares, an investor would need to[…]
Municipal bonds (munis) are issued by municipalities, states, counties, cities, and other government agencies. These debt obligations are used for funding day-to-day operations and large public projects such as highway repair/retrofitting, construction of public buildings, and facilities that offer services to residents, like sewage and waste management. Investors do not pay federal taxes on the[…]
The Dogs of the Dow is an investment strategy devised by Michael O’Higgins in 2000, when he published Beating the Dow. The strategy has been both praised and criticized for its effectiveness to beat the market. The general idea behind the strategy is to invest in high-yield dividend stocks that have little risk. Mr. O’Higgins[…]
In theory, the idea of stock trading or buying stocks online seems like a simple task. Simply put money into a brokerage account, then buy low and sell high. Watch the money roll in from compound interest, and calculate the time for funds to double using the Rule of 72. In reality, that is far[…]
A growth stock is a stock that is increasing in value as opposed to providing a steady stream of income in the form of a dividend. Growth stocks tend to have a lower price-to-earnings ratio (P/E) and earnings per share (EPS); in some cases the P/E and EPS can be negative. This makes sense given[…]
Investing in stocks that distribute dividends is a great way to take advantage of compound interest through a dividend yield. When a publicly traded company earns a profit, it can choose to distribute the profit to the shareholders of the company. Shareholders will receive a dividend if they purchased the stock by the ex-dividend date.[…]
General Liability Insurance | What it Covers General liability insurance provides protection for businesses and their owners. This coverage is available for any business providing services or products. General liability will cover a business in the event that a client files a lawsuit against it based on a claim of negligence, error, or omission. The[…]
Homeowners insurance is a must for all homeowners. As you might imagine, there are several items that are covered under a typical policy. For instance, most insurance policies will cover: Fire Theft Vandalism Falling objects Heater or cooling system explosion Water pipe failure Artificially generated electrical current Riots Homeowners insurance policies will never cover bodily[…]