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how to invest

Saving vs Investing: Understand The Difference

Phil Town

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Posted in how to invest

Saving and investing are both methods for setting money aside to shape the financial future you want. 

While both play critical roles in helping you build your long-term wealth, it’s important to recognize the differences between saving vs investing so you can determine when it’s best to save and when it’s best to invest.

Low-Risk Investments for Your Portfolio

Phil Town

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Nothing in life is ever linear. 

We experience ups and downs, highs and lows, successes and failures. But, each one of these seasons serves a purpose and it teaches us lessons that we can carry with us into the next chapter of our story. 

Is Bitcoin a Good Investment?

Phil Town

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Posted in how to invest

The virtual currency market, known as the cryptocurrency market, can be challenging to navigate if you’re unfamiliar with this type of investing space. 

In the late 1980s, the idea for cryptocurrency was born from the desire to create a currency that did not need to be regulated by a centralized financial institution, such as a bank. 

However, the first cryptocurrency experiments did not begin until the mid-90s, culminating in the successful creation of bitcoin in 2008 and its launch in 2009.

Is Cryptocurrency Safe? Should I Invest in It?

Phil Town

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Posted in how to invest

Cryptocurrency has made billionaires out of novice investors. Many times, we have thought the price of Bitcoin couldn’t soar any higher, and yet, it does. 

New coins and crypto-exchanges continue to flood the market and continue to try to attract the average investor. Naturally, it’s enticing, but it’s also incredibly difficult to grasp. 

Saving vs Investing: Which Route Should I Take?

Phil Town

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Posted in how to invest

The key difference between saving vs investing is that one action stores your money while the other one grows it. 

As Rulers, we want to focus on the method that grows our money, which is investing

How to Invest During Inflation & Protect Your Assets

Phil Town

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Inflation has been central to many conversations over the course of the last few years.

In fact, the U.S. Bureau of Labor Statistics noted the Consumer Price Index rose 6.8% between November 2020 and November 2021, making this new rise the largest increase since June 1982. 

High-Risk Investments You Should Avoid in 2022

Phil Town

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With the way things have been going (rising inflation, uncertainty around interest rates, an ongoing global pandemic, etc.), the stock market has been on a crazy rise— and we may have an interesting 2022. 

As you begin to look at the year ahead and wonder how you should invest given everything going on, you may be considering other types of investments.

Or maybe, you’re just starting out and wondering what to invest in as a beginner and what to avoid. 

How to Diversify Your Portfolio the Right Way

Phil Town

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Posted in how to invest

Warren Buffett once said, “Diversification is protection against ignorance.”

When you think about it, this quote makes perfect sense. If you diversify too much, you will never be an expert in any one industry or company and could lose sight of how to best manage your investment.  

In this instance, ignorance is most certainly not bliss.

Financial Freedom 101: Passive Income and Generating Wealth

Phil Town

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Posted in how to invest

Being financially free sounds nice to all of us, doesn’t it? It sounds like a whole lot of stress is gone for good, and having plenty of money in the bank each month. For many of us though, it also sounds too good to be true—But, it isn’t.

Anyone can achieve financial freedom. Yes, this includes you.

Will The Stock Market Crash Again?

Phil Town

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Posted in how to invest

Is the market going to crash soon? 

If you have found yourself asking this question and wondering where we will be in the next few months, or even by the end of this year, you’re not alone. If the COVID-19 pandemic has taught us anything, it’s that there is a lot we can’t control. 

But if the stock market does crash, it won’t be the first time. Stock market crashes have occurred throughout history from time to time, and although this may not be a comforting thought, they are always unexpected.

Worrying about when the market will crash won’t help, but learning what to do before, during, and after it occurs will. My goal is to leave you with all the information you need to know if a stock market crash is on the horizon… and it very well could be. 

This way, you can take that worry and turn it into productive action that will actually help you handle and even benefit from a stock market crash.