Paying down student loans versus adding to retirement

Many people question the best use of expendable income as to whether or not additional payments should be made toward student loan debt or if those extra funds should be allocated toward savings or investments. If you have a reasonable expectation of high returns in the market the question becomes debatable however, if you are paying high interest, have a high balance or have unpredictable cash flow it is more than likely more prudent to try to pay down the student loan debt faster.

Here are some pros and cons for paying down the student loan debt or investing:

Regardless of what stage of life you're in, building wealth is always a great goal to have. When you have access to ample savings and cash reserves, you'll be prepared in the event of an emergency and will be able to more effectively maintain your lifestyle during retirement. While everyone has different levels of wealth that they wish to build towards, there are some basic guidelines and suggestions that should help you get started. Below is an in-depth guide on how to build wealth over time.

Whether you are new to investing or are someone who's spent years building an investment portfolio, one alternative type of investment is cryptocurrency. You may have heard of different types of cryptocurrencies, which include everything from Bitcoin to Ethereum. Unlike real estate and other stable investment opportunities, investing in cryptocurrencies requires you to take on a significant amount of risk for the potential of high returns. Before you put your money in cryptocurrency, you should have a better understanding of what this currency is and how it compares to traditional investments.

Understanding Crypto Investments

Cryptocurrency is a type of digital payment system that doesn't use traditional banks to verify the transactions that people make. This peer-to-peer system allows any individual to send or receive payments. Instead of using physical money that's carried around and placed into a bank, crypto payments are digital entries found on an online database.

If you've used a credit card and applied for loans in the past, you should know how important your credit score can be. If your credit score is too low, it's much more difficult to gain approval for any type of loan. However, good credit isn't just about getting loans or credit cards. It can also significantly impact your investment opportunities. If you have little or no investment experience, you should understand what your credit score means for any future investments you make.

Creating an investment portfolio is a long-term journey that begins with a few simple investments. While the start of this journey can pose a challenge, it's oftentimes more difficult to figure out what to do next. If you believe that you aren't maximizing your investment potential, it's highly recommended that you look into diversification.

Before you can create a robust investment portfolio, there are numerous factors you should consider, which include everything from the types of investments you'll make to the level of risk tolerance you have. Some investors have a high risk tolerance, which means that they're willing to make risky investments despite the ample risk of substantial portfolio losses. There are also many investors who adopt a strategy that relies on low risk tolerance. Understanding your own risk tolerance is crucial for long-term investment success.

Regardless of what stage of life you're in, building wealth is always a great goal to have. When you have access to ample savings and cash reserves, you'll be prepared in the event of an emergency and will be able to more effectively maintain your lifestyle during retirement. While everyone has different levels of wealth that they wish to build towards, there are some basic guidelines and suggestions that should help you get started. Below is an in-depth guide on how to build wealth over time.

IPO or Initial Public Offering is the process of a private company offering shares to the public as a new stock issue. The IPO allows the company to raise capital by selling shares of its’ company. Companies must meet SEC requirements and it often takes months to navigate through all the requirements. It indicates that a company has grown and matured enough to meet the demands and benefits of the responsibility it must carry to public shareholders.

Over the last year, and really since the start of the pandemic lockdowns we saw a pattern emerge. Cultural Trends were spreading like wildfire through society. With the help of Facebook/Meta, Instagram and Twitter hierarchical diffusion seemed to be on steroids. Hierarchical Diffusion is the spread of an idea from persons or nodes of “authority” or “power” to other persons and places. We entered the era of “influencers”, and they were talking about everything under the sun but especially investments.

Socially Responsible Investing (SRI) is the investment in companies that promote ethical and socially conscious ideals such as environmental sustainability, justice, corporate ethics and/or advocate against discrimination. This can be accomplished by either specifically including companies that are making positive impacts and/or can exclude others that are making negative or questionable impact.