Learn How to Reduce Your Monthly Costs So You Can Start Saving for Your Retirement

When you retire, you will only get a certain amount of money each month and living on a restricted income can be difficult to do,especially as your health costs rise. Medicare is helpful but does not cover everything. If you want to be able to live comfortably after you retire, you need to save as much money as you can before your retirement takes place. The following guide walks you through a few things you can do to start saving for your retirement right away. Reduce Your Monthly Expenses There are many people who spend more money than they should …

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Is It a Good Idea to Diversify Your Financial Portfolio into Canada as Well?

The Canadian economy has turned the corner, driven in large part by an increase in business investment, gains in household wealth, and expansionary prospects vis-à-vis fiscal policy. The Canadian economy is heavily reliant on commodity prices, and a turnaround in the price of crude oil, gold, iron ore, and related commodities is helping to boost Canadian GDP. The Bank of Canada (BOC) expects inflation to surpass the 2% benchmark which may help your financial portfolio. Wage growth is increasing in Canada, and this bodes well for clearing excess capacity currently in the market. The Government of Canada is working hard …

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The Markets Have Stalled: What Factors Are Weighing In?

The last week of June has been rather bearish for Wall Street. The Dow Jones Industrial Average has retreated from over 21,500 to its current level of 21,367.58. While still impressive, the recent losses have dampened expectations somewhat. The S&P 500 index has also performed in a similar fashion, declining from the 2,450 support level to its current level of 2,425.63. And the tech-heavy NASDAQ composite index is down from a week high of 6,290 to its current level of 6,161.73. The weekly performance of Wall Street bourses should not be perceived as a barometer of the overall strength of …

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Get Your Start as a Professional Trader Online

For more than a century, the trading of stocks and securities has been highly sought after a profession that offers tremendous potential. Engaging in this field as a professional trader used to involve living near a trading center, going to a physical office, and working long hours in a highly competitive environment. With the advent of the Internet, this has all changed. Becoming a professional trader is more accessible than ever. If you have a passion for all things finance, and you have a desire to help others generate personal and institutional wealth, consider the following ways to get your …

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