Income diversity is important. If you don’t diversify your income, it could lead to financial devastation. I know this from personal experience. In 2008 when the market crashed, not only did my clients get hurt, but as a business person, my income went way down while my expenses stayed the same. Painful and frightening. Thankfully, […]
How to Use LinkedIn To Find A Job
If you are looking for meaningful employment, you can put LinkedIn to work to find a job. But to do so you must be very careful. Social media can be a wonderfully efficient tool or a monumental waste of time. Here’s how to harness the power of LinkedIn to advance your career and/or find a […]
How To Find The Right Investment Strategy
Your strategy or investment approach is far more important than any one investment decision you make. That’s because an investment decision is a one-off event. Your make the decision. You buy or sell. And then you go about your business. But your investment strategy has a far greater impact on your financial situation. It stays […]
When To Keep Your Money In The Bank Despite Low Rates
A few days ago a kindly Pilgrim reader (Paul) asked me about breaking a CD’s term, giving up some interest and investing his money elsewhere. He wanted to know if it was a smart move. Sometimes it is….but not always. Here’s an excerpt from the email: I’m wondering if I should break my CD and […]
Is Lexington Law Any Good At Credit Repair?
Not everyone needs to hire somebody else to help fix their credit. If you’ve got the time and patience and are willing to learn how some of the credit laws work, you can take try sprucing up your credit history on your own. But if you decide that your time is better spent elsewhere, you […]
Should you buy insurance against a stock market crash?
If you have a great deal of fear about your stock market investments I have some good news. There are several ways you can protect yourself against market declines with “insurance”. The question is should you buy this kind of coverage and if so what is the best method to do so? How Do You […]