Getting a good return with your Lending Club account is possible as long as you properly vet the people you borrow to, you diversify your investments, and you cut your losses by selling your notes when a hint of trouble arises.
There’s no doubt we live in the information age. I’ve heard it said that the average American consumes several gigabytes of information a day. With all of this knowledge at our fingertips, it can be difficult to find solutions when everyone is pointing in a different direction. Learning to invest can be a difficult process […]
There’s been a lot of talk about Roth IRAs this year. Some folks still aren’t sold on them – and of course no one particular investment vehicle is right for everyone. But, for the right person, the Roth IRA is a great way to save some additional cash for retirement! Here’s three important things to […]
If you’re a self employed person or are looking at taking the plunge and becoming an entrepreneur, one thing you have to consider is how you will save for retirement. Since you won’t have the option of a 401k, there are several other retirement account type options that you will want to think about using. […]
What The Government Can Teach You About Personal Finances When it comes to the government and money there are a lot of diverse opinions. No matter what you think about the government’s fiscal responsibility, one thing is for certain. Many Americans could learn at least one lesson from the government that will transform their personal […]
Over the past week we’ve been writing quite a bit about retirement accounts, which ones are better for different situations, and talking about what the Roth IRA contribution limits are. Now I want to talk about another hot topic in retirement accounts, the 2010 Roth IRA conversion. In case you haven’t heard all the buzz, […]
Traditional and Roth IRA accounts are subject to contribution limits, which change from year to year. In addition the contribution limits phase out for certain higher income earners. Find details here.
Lending club is offering a signup bonus for the month of December of $64.62, one of their best bonuses ever. To get the bonus click on our link, fill out your information and link your bank account. You should have your bonus cash in no time! Next? Start earning big returns on your money!
When it comes to investing, there two distinctive strategies. The first is the buy and hold approach. The second is timing the market. Simply put, buy and hold investors keep buying (stocks, mutual funds, ETFS …) no matter what is happening to the market and hold those investments regardless of market conditions. This is typically […]
The Roth IRA (and its cousin, the Roth 401k) are getting press lately and with good reason. There is a fear that taxes will need to rise over time and we will all find ourselves retiring in a higher tax bracket than we are in today. Let’s first take a step back to understand what […]
About a month ago I posted about how I joined Lending Club as an investor, and I talked about how I thought it was becoming a pretty good way to make a decent return on your money. As with any type of investing it does carry it’s risks, but I believe that it is beginning […]
Peer to peer lending has been a hot topic on personal finance blogs for the last year or so. Lots of people are promoting it as a good way to make decent returns on your money – even in a tough economy like we’re in (Some might argue that it’s because of the hard times we’re […]
What Does The Bible Have To Do With Finances? The Bible is very clear about how we should handle our finances. God wants to abundantly bless those who obey His Word in this all-important area. Why do you think there are more than twenty-three hundred verses in the Bible about money? Is it a coincidence? […]
Assuming you are investing for future retirement, you should seriously consider the Roth IRA (Individual Retirement Account). I am already a huge fan of the Roth, but as the national debt increases with each federal bailout, the Roth is looking better all of the time. Let me explain why. Save Taxes on Down The Road […]