One of the most common recommendations for solid financial planning is to have a personal budget in place. It can help you immensely to allocate your resources where they are needed the most, to analyze your expenses and to stay on top of your finances at all times. So it's not surprising to hear this … Continue reading You should have a personal budget, right?
One of the most popular ways to invest is to purchase so-called Exchange-Traded Funds, or short, ETFs. The concept is simple and quickly explained. It is basically a similar structure to a regular fund, where stocks of companies are being purchased into the fund and then being sold to potential investors as one product. The … Continue reading About ETF Investing and DRIP
Like in every profession, the world of investments is filled with abbreviations. One of the most popular, and dare I say most important ones, is called "DRIP". DRIP is an abbreviation for a Dividend Re-Investment Program which banks may offer their customers when they purchase certain stocks. The idea behind is very simple: When a … Continue reading DRIP it another way – DIY