Is it Worth Having a 401(k) Retirement Plan?

By |March 14th, 2019|Categories: Personal Finance Tips|

Before the 1980s, many Americans had employer-managed pension plans.  These schemes provided retirees with a regular income after retirement, but gradually went out of favor because of rising administrative costs.   In 1978, section 401(k) of the Internal Revenue Code set out the terms of a new defined contribution plan.  Statistics from the 2017 US Census reveal that 79% of

A Simple Guide to Credit 101

By |March 13th, 2019|Categories: Personal Finance Tips|

There is nothing wrong with credit as such. It is has been the means by which many of today’s huge multinationals developed. In the form of mortgages it is the main reason why a real estate market was able to develop at all. The problem comes when people obtain credit that they are unable to manage or repay. Whether they

What You Need to Know About MT4 Trading

By |March 13th, 2019|Categories: Personal Finance Tips|

The Meta Trader 4 platform is very easily accessible and approachable. The beginners can even set up a trading profile and follow the entire process right from installation. However, there are a few things that a beginner needs to experience on the subject. Few Key Facts about MT4 and Its Functionalities You may use a trading platform like MetaTrader 4

Phased Retirement Challenges You Should Be Aware Of

By |March 13th, 2019|Categories: Personal Finance Tips|Tags: |

I have a friend who is being forced into phased retirement – which is kind of a slow-motion retirement. He has reduced working hours and pay. Although he may be able to draw a portion of his retirement funds early, he is quite depressed about it. For one thing, he feels he has more worth as an employee since he wasn’t fired or made to fully retire.

Governing Money: All About the FOMC and the Federal Reserve

By |March 13th, 2019|Categories: Personal Finance Tips|

The Federal Open Market Committee (FOMC) is a governing body that sets monetary policy for the Federal Reserve System. It’s made up of 12 members. These members include 7 members of the Board of Governors and 5 of the 12 Reserve Bank presidents. The Chairman of the Board of Governors also serves as the Chairman of the FOMC. And, the president

Focus on the important parameters in the trading process

By |March 12th, 2019|Categories: Personal Finance Tips|

To make money from the trading business of Forex, the traders will have to do a lot of things. One thing for sure to do is the right money management. Then the traders will also have to think about the right market analogy for the signals. From there, the traders will have to lay their eyes on the right control