Compound Interest, Investing over time
What is the Bid vs. Ask Price of a Stock?
If you’ve ever listened to financial news, you probably have heard of something called the “bid” and “ask” price when talking about trading stocks. If you haven’t heard of the bid and ask price, I will help explain what these weird words mean in financial terms so that when you do listen or read financial …
What Are Liquid Investments? Explained With Clear Examples
Have you ever wondered what a liquid investment is? Or have you ever had someone ask you what your liquid net-worth is? A liquid investment or liquid asset is just a simple way to say, “I could turn this asset into money right now if I wanted to.” Liquidity is the ability to convert assets …
Passive vs. Active Income And Four Examples of Each
You may have heard of income being either passive or active. But what does passive and active income mean? This article will discuss the key differences of passive versus active income, provide some examples of each, and highlight why you may prefer to create passive income streams rather than active income streams. Passive income is …
5 Great Reasons To Invest Early and How to Without Risking It All
Investing is a powerful tool that many people are too afraid to try. By not understanding how investing money works, you miss out on valuable returns and lose the power of having your money work for you. In one of my previous posts, “Why Compound Interest Matters and Why it Literally Pays to Start Saving …