Faith-based investing is just like any other type of investment strategy in that the investor is trying to find a place to invest their money where they think a positive return is possible. Where it does differ from traditional and secular investment plans however, is how the individual investor chooses who they work with andContinue reading “What is Faith-Based Investing?”
How Does Compound Interest Work?
Before we get to far ahead of ourselves with “compound interest”, lets quickly cover what just plain old “interest” is. Interest, whether it is you borrowing money for a loan or you earning money from an investment, all gets expressed through what’s called an interest rate or interest percentage. Let’s say you take out aContinue reading “How Does Compound Interest Work?”
Do You Have a Debt Repayment Plan?
Can you imagine living without debt or does even that thought seem foreign and unattainable to you? Debt has unfortunately become an American way of life. According to the Federal Reserve Bank, at the end of 2020, American’s owed roughly $14.35 trillion in debt. This is $14.35 Trillion in number form to give you someContinue reading “Do You Have a Debt Repayment Plan?”
Do You Have Wealth Accumulation Goals?
You might be asking yourself, “What the heck is a wealth accumulation goal”? Let’s get that question clearly answered before we move on with the rest of the article. Having a wealth accumulation goal is basically a savings plan that has a very specific end goal in mind. It could be a short-term goal likeContinue reading “Do You Have Wealth Accumulation Goals?”
Purchasing Power of the US Dollar
The consumer price index which is a governmental measurement of changes in the prices of goods and services has been on a steady decline since 1967 due to the impact of inflation. The consumer price index or purchasing power, is a very important factor when looking at the value of your investment portfolio. If youContinue reading “Purchasing Power of the US Dollar”
