Finance

Getting out of debt is rarely simple or painless. It’s a process that takes a great deal of time and requires a significant amount of patience. While there are a number of options to consider (including debt management and bankruptcy), the first step you should take — the least drastic one — is debt consolidation. This article looks at five alternatives, and weight the pros and cons of each.

Drawing on a pool of more than 30 measures spanning financial data, surveys and political insights, the BlackRock Sovereign Risk Index below provides investors with a framework for tracking sovereign credit risk in 50 countries.

Although a mortgage is a common way to purchase a home it isn't the only way to purchase a house. If you think outside the box, you can possibly pull off a home purchase without a costly loan. Below are 4 novel ideas.

Should you keep renting, or should you buy a home? It's an age-old dilemma nearly every American adult wrestles with at some point. No one wants to throw their hard-earned cash away on rent payments they'll never see again when they could be investing in a home that will grow in value and potentially provide a nice return one day. If that line of thinking sounds familiar, Todd Sinai, a real-estate professor at the Wharton School of the University of Pennsylvania, would like to stop you right there.

Retirement can last 30 years or more so here's what you need to do now (or by age 30 at the latest) to maintain your lifestyle once you stop working.

As of the end of 2015, there were over 15,600 mutual funds, 11,000 hedge funds and 2,100 ETFs...[which] account for almost 50% more...than there are individual stocks and bonds. The paradox of choice makes it extremely difficult for investors to wade through this sea of complexity, but it also increases the temptation to make changes to a portfolio. People have a hard time sitting still in the face of this sheer number of choices, even when there are proven benefits from inaction with your investments. [Let me explain.]

35% of all Americans have debt in collections and this is happening during the current supposed “economic recovery”. It begs the question: "What are things going to look like when the economy becomes extremely unstable once again?"

The basic definition of an interest rate is simply the cost of borrowing money. It’s the cost associated with acquiring credit, whether buying a car, getting a mortgage, or taking a vacation. We encounter interest rates every time we make a monthly credit card or student loan payment. Interest and interest rates are a major part of daily life, yet many people don’t have a good understanding of the most critical types of interest or how their rates are set. Broadening our understanding even a little can help empower us to make more informed decisions, whether at the bank or at the ballot box.

When you internalise what I’ve just said, and really get it, you’ll see a marked change in your net worth in just 2 short years and you’ll realise that every single dollar you SPEND is arsenic to your net worth (beach years).

How much stacked gold and silver do you need to retire? It clearly depends upon your individual situation – your age, expenses, other income, medical expenses, and more - and this article answers the question.