Research suggests that more than half of adult Americans do not have sufficient savings needed for emergency purposes.
Here’s a startling but true piece of information: most surveys conducted in the past few years indicate that more than half of adult Americans do not have any kind of emergency fund at all, and even fewer have enough to cover three months of living expenses in the event of an unexpected event, like job loss or health emergency.
As a general rule of thumb, it's a good idea to have at least six months’ worth of expenses saved and kept exclusively for emergencies. It's best to do this in your savings account at the bank, or even just in the cash portion of a brokerage account.
How do I Calculate my Expenses?
What websites and apps can help me with personal budgeting?
Mortgage fallout refers to the instance of proposed loans falling through before closing. High fallout rates can be bad
The Triple Tops pattern appears when there are three distinct minor Highs at about the same price level
The Detrended Price Oscillator (DPO) is a relatively uncomplicated tool of analysis that can be used to simplify a chart and identify conditions ripe for buying or selling
Accidental Death and Dismemberment (AD&D) coverage is normally offered as a rider on health or regular life insurance
Companies with significant operations or sales abroad will be affected by changes in foreign currency exchange rates
Foreign Debt is also called International Debt or External debt. It is the amount of debt that is owed by one country...
Growth stocks tend to be younger companies focused on using capital to fuel more growth, whereas Value stocks have...
A good financial advisor should care as much about your investments as you do, and be personable and knowledgeable
Mutual funds that invest heavily in companies that are small, but not micro-size, can be described as small cap funds
Active management is the practice of attempting to outperform the market with selection and timing