Owning a rental property can be a great investment strategy, but it comes with some responsibilities. You need to stay on top of maintenance and repairs and rent the property out at a price that’s competitive to similar properties in…
Investing in property has become a popular way for individuals and families to earn a steady income. By purchasing a property, you not only own an asset and stand to make a profit but also have the ability to rent…
Many people consider annuities an investment. However, they are insurance contracts and agreements between you and an insurance company. They promise to pay a specific sum of money to you or another beneficiary on a certain date, possibly someone else.…
Equity Release (ER) is one of the most common ways people get a lump sum of money once they’ve reached retirement age. It’s a way of getting around the problem of being dependent on the state pension, which doesn’t pay…
Most people think of home insurance as a necessary evil, something they have to buy in order to protect their finances in case of an emergency. But what if I told you that home insurance is not only a wise…
There are 3 main types of property taxes: federal, state, and local. The first two are imposed by the federal government, while the states impose local property taxes. If you’re a homeowner, you will have to pay real estate taxes.…
Volatility has become a buzzword in investing, but what is it, and how can you best manage it? Read more. What is Volatility? Volatility is one of the most important fundamental concepts for understanding the financial markets and the economy…
Financial terminology for teenagers can be challenging to understand. Yet they are responsible for managing their own money. Teens need to understand the basics. They are becoming financially savvy at an early age. This financial literacy helps prepare them for…