[youtube https://www.youtube.com/watch?v=Rab6cWee1bc] What is an annuity? An annuity is an investment product that pays out a steady stream of income over time during retirement. When you purchase an annuity, usually from an insurance company, you agree to make a lump sum payment up front, or regularly scheduled payments at agreed-upon intervals. In exchange, you are guaranteed [...]
[youtube https://www.youtube.com/watch?v=6aclErKncNM] Whether it’s clothing, groceries, electronics, or home goods, odds are that you spend more than you should when you go into a store. Why is this? It’s simple marketing. Stores are experts in running promotions and sales that get us to spend more money than we realize by making us think we are actually [...]
[youtube https://www.youtube.com/watch?v=10ef-gsoDDA]A power of attorney is simply a legal document that gives you the right to name one or more individuals to step into your shoes and act on your behalf in certain pre-determined circumstances. Two terms used in this document to describe the individuals affected are the principal (you), and the agents (others you delegate [...]
[youtube https://www.youtube.com/watch?v=k4pifDxTVn8]The single best tip to getting the best rate on a mortgage is to check your credit score and credit history. Don’t check it just before applying; check it in advance, up to a year in advance of when you are planning to apply for the mortgage. When it comes to applying for a mortgage, [...]
[youtube https://www.youtube.com/watch?v=hCzIcS_xPiQ]There is a lot of confusing investing terminology that is out there. As an investor, you may not need to know it all, but you should have a solid understanding of the basics. Here are two basic terms that everyone should understand before they risk their hard-earned dollars: Stocks: When a company seeks to grow [...]