Understanding Bonds
What is a bond? We’re all familiar with debt; many of us have taken out a loan to buy something that we want to pay for later. We borrow the money, and promise to pay…
Mary Tomkins
Mary Tomkins is a freelance writer located in Spartanburg, SC, with emphasis on economic news and research on the financial industry.
Understanding Stocks
Stockholders Share in the Profits and the Losses Stocks are the smallest unit of ownership in a company. The more shares of stock you have, the more ownership you have in the company. Companies issue…
Mutual Funds Fees Explained
Before making any investment, consider the fees and expenses that will take a cut out of your profits. Some mutual fund fees are completely avoidable, and some fees are necessary. Some types of mutual funds…
Mutual Fund Basics
Mutual funds are the investment of choice for many people; they allow an investor to minimize financial risk by spreading money among many different stocks and bonds, without the research and market knowledge required for…
The Beginner’s Guide to Investing
How do you think the majority of wealthy Americans became financially secure? Did their parents leave them an inheritance? Did they win the lottery? Did they invent something the whole world needed? No, they developed…
The Real Cost of Homeownership
So, you’ve done all your research before buying a home. You’ve checked with mortgage lenders, you’ve improved your credit score, and you’ve paid off other debts. You’ve saved the required down payment and you know…
Financial Preparation for Homebuying
If you’re thinking about buying a home, be sure to prepare for it long in advance; some may want to start working on their financial situation up to a year before home purchase. Improve your…
Buying Your Home
Buying a home is exciting! Many people view homeownership as having security, a stepping-stone to financial freedom. Some of the benefits to consider: Owning a home takes a lot of work, money, and commitment, but…
Should You Buy or Keep Renting?
The decision to rent or buy your home should be carefully considered. Many people who want to become homeowners simply state that they are tired of wasting money on rent so a landlord can profit…
Auto Insurance – Are You Covered?
Auto insurance, just like any other type of insurance, is meant to protect you against loss.You might consider yourself to be a good driver, but you can still be found at fault due to a…