Stocks are generally liquid investments. Prices of stocks fluctuate up and down and the returns of stocks are not fixed.
Budgeting Your Way to a Happy New Year!
Melissa’s Christmas was fantastic!
She’d hosted a successful family luncheon and made up gift baskets and delivered them to quietly grateful patients at the local hospital. And she’d eaten and imbibed at a record number of festive parties. Yes, it was the best Christmas… ever!
Christmas is over… now what?
read more about Budgeting Your Way to a Happy New Year!
Take Your Financial Check Up Today!
In Barbados and the wider Caribbean, we were never taught in any of our formal educational institutions how to prepare for being good stewards of the money we earn. However, we were taught very well what we need to have (a good education!) to earn that money. Well, as the saying goes (with a variation): “Any fool can make (earn) money but it takes a wise man to spend, save and invest it!”
Personal Financial Tips
- Pay your bills on time.
- Eat more at home and less out.
- Take your food to work.
- Forgo the ice cream store and pop popcorn at home.
Personal Financial Tools
Bonds
“Buying bonds” means lending money to government, municipality, corporation, federal agency or other entity known as the issuer.
Mutual Funds
Mutual fund pools money from hundreds and thousands of investors to buy a portfolio of stocks, bonds, real estate, or other securities, according to the investment goals of the mutual fund.