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Comparing & Contrasting a Roth IRA vs. 401K

At some point, many individuals will become serious about saving money and putting aside funds for retirement. This often, in turn, prompts the opening of various retirement savings accounts. At this point, Roth IRAs and 401Ks are some of the most popular options. However, these two accounts are not the same, by any means, and should not be treated as such. Some people are better suited for 401Ks while …

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How to Become a Venture Capitalist

When the average individual hears the words "venture capitalist," they usually imagine a wealthy person who rakes in millions of dollars from lucrative investments. While the attainment of wealth is certainly an aspect of a venture capitalist's achievements, there are many other factors involved in the process. Many people who aspire to become venture capitalists do so with the intention of garnering high funds in a relatively short time period. …

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How to Understand the Stock Market

There are many individuals who aspire to do well for themselves by investing in the stock market to properly prepare themselves for retirement. However, making the right investments at the proper time is often easier said than done. Stocks and shares can be quite nuanced on many levels. People want to invest and create a new stream of passive income, but without the right knowledge, they are more hesitant …

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How to Make the Most of Bitcoin

Bitcoin's inception as a popular form of electronic cryptocurrency began in 2009. Many individuals have their own thoughts, speculations, and even doubts about Bitcoin. While some view it as a great form of virtual currency, others worry about its potential to be used for illegal or other dubious means. Additional individuals remain in the dark or otherwise unaware of how Bitcoin truly works and all that it entails. Now, this …

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Financial Advice for Wealthy People

With money comes a certain security that we all strive for. Whether you have recently come into money, been saving for a long time or finally got that promotion, you may be starting to consider how best to secure and continue growing your wealth.

Having a proper financial management and maintenance plan is key to a future of financial freedom, even if you feel like you have enough now. Especially …

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The Importance of Investing in Yourself

Invest in yourself

When most people hear the term "investing," they generally think of stocks, bonds, or mutual funds. While each of the foregoing elements can be very profitable investments, the best investment that an individual will ever make is in themselves. Best part, you can start with literally any budget. How does that happen, though?

How does someone go about investing in themselves? The preceding questions are very common, however, …

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Basic Money Handling Tips

In this day and age, even being aware of the most basic money management skills will work wonders for your finances.

The perks of managing capital appropriately are well-documented—you feel relaxed, secure, and confident. When you have funds available, you can address emergencies without breaking the bank, as well as prepare for the future without worrying about what the economy might hold.

The ability to handle money has never been …

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The Importance of Investing

In 2018, one of the most important steps that one can take towards financial success is investing. Not only does investing put one's money to work, but it also allows the individual to grow his or her own money. Of course, poor investments usually engender lost funds, whereas wise, strategic investments grow one's income. Some of the wealthiest people in the world invest in one form or another.

Knowing Where …

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Signs That You Should Go Into Business For Yourself

Entrepreneurship has become a somewhat trendy career path. We’re inundated daily by pictures of people working remotely on tropical beaches, and videos of teenagers driving luxury cars.

With these kind of ideas and notions bombarding you literally every single day, it’s hard not to daydream about making billions and getting rich. Especially without having to clock in and out at a place that you literally dread working at.

Now going …

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The Benefits of Multiple Income Streams

Any individual who wishes to achieve financial health must first obtain multiple streams of income. In business and in life, a singular source of revenue is simply not enough. Many people work as employees for various businesses or corporations. They are generally paid a salary which allows them to live (somewhat) comfortably. More often than not, so long as working people are able to pay the bills, they have no …

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