7 Reasons Stock Exchanges Have Performed, So Well, Recently!
In the past, few years, we have witnessed, a performance, by our Stock Exchanges, which, exceeded, many of those, in previous periods! Although, former President Donald J. Trump, wanted to take credit for this phenomenon, in reality, it was probably, due to, a variety of factors, to a significant degree!Inflation Explained
What is inflation? To really understand inflation, you need to know what money is and why we use it. Money represents the value of hard work and producing things that other people want to use. The measurement of this production or hard work is done with units of money. If I spend $20 to buy a can opener, that $20 represents an hour of work serving food at a restaurant as an example. You can see this by looking at a job that pays wages by the hour, and then taking those wages and buying things that you do not produce to obtain all of the things that you need to live. The backbone of this idea is exchanging and trading goods, because making everything you need by yourself may not be possible.Asset and Liabilities
Knowing the difference between real assets and real liabilities and then setting your financial goals accordingly can be the difference between getting yourself financially sorted or the poorhouse. It underlines the value of financial literacy in helping achieve your goals.Get Started In Investing With No Money
There is literally money everywhere. When it comes to investing, sometimes we don’t know where to start. There are plenty of investments to choose from, however, choosing the best one is not easy. And what do you do if you feel like you have little to no money to start with?How Do I Optimize GIS Payouts?
First off, what is a GIS payout? This is a guaranteed income supplement to the OAS payout which occurs when you begin to receive OAS payments between the ages of 65 to 70. You are eligible for GIS if your income is below $18,624 for a single person in 2020. There are different income thresholds for couples and whether or not one or more spouses is receiving the OAS pension.