Posts by ssolares

Good Morning America loved what I’m about to share with you so much, they had me back three times. Why did they like it? Because it’s an easy and painless way to cut your expenses. All you have to do is PERK. No, I didn’t say twerk. I said PERK. Make a list: The first…

Have you seen the $18,000 iPhone? No? Think again. Hold up your smartphone. Are you looking at it? So not only have you seen the $18,000 phone, you bought one. Yup. That sucker you’re holding cost you $18,000. If the latest iPhone is on sale for $500, how much does it cost? What is the…

Why do we buy what we buy? Maybe you have to have a $2,000 Gucci purse. Maybe this is a must-have for you. You wouldn’t possibly carry around something less regal than this. Why? Is the Gucci purse better at carrying your wallet, cell phone, and Advil? Do less expensive purses have holes? Do the…

A discount brokerage firm is another way you can invest your money. A discount brokerage firm is a DIY approach. Here, won’t need an advisor to work with you. Instead, you are going to be able to research and buy and sell stocks, bonds, mutual funds, and ETFs yourself. If I need to change the…

One option as an investor is to invest your money with and through an RIA. An RIA is a Registered Investment Advisor. What’s so significant about an RIA? An RIA is a financial firm that can advise clients about their investments, insurance, and general financial planning topics. Some RIAs only act as advisors to your…

As an investor, you could also invest with a brokerage firm. Why is it called a brokerage firm? Well, they act as brokers. Meaning, they are middlemen and women who sit between you (the investor) and the investments. Brokerage firms can be big firms, such as Merrill Lynch, UBS, and Goldman Sachs, and they can…

The question here is not “What should I invest in?” but instead, “Where should I invest?” You probably want to know your options, don’t you? One option is to invest with a mutual fund company. What’s a mutual fund company? It’s a company that has created at least one mutual fund that investors can invest…

Are you feeling good about value companies? Remember, those are companies that seem to be undervalued, maybe because of a temporary setback, or companies that are more mature and stable. These companies tend to produce a lot of profit and might be more stable, but they are not expected to grow like crazy. Let’s compare…

You’ve probably heard of Warren Buffett, right? He’s one of the richest people in the world. What makes Warren so interesting is, unlike the other richest people on the list who started companies, like Bill Gates (Microsoft), Mark Zuckerberg (Facebook), or Jeff Bezos (Amazon.com), Warren made his money through investing. That’s an amazing achievement. And…

Hey, do you want to buy my car for $8,000? You couldn’t possibly answer that question without knowing more about my car. What is the make? Model? Year? Miles? Does it run? You get it. The same is true for investing. You need to know something about the stock before you can decide if it’s…