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401k

What are the Benefits of 401(k) Plans?

Don’t be one of those people who think that accumulating more money in your bank account will eventually make your rich or financially independent. A 401k plan is one of the best retirement plans on the face of the earth. It allows you to live a carefree life whilst contributing and saving for your retirement. By contributing as less as 3 percent of your total monthly income to the 401k plan, you can maintain your lifestyle and also be ensured of having a good time in your twilight years. Here are the 3 benefits of a 401k plan that will ...
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How did Penny Stock Firms Cash in on Bitcoin’s Rise?

Last year, it was a tough time for cryptocurrencies, and Bitcoin has been one of them. It has been through a lot of struggle to withstand the crash that came with last year. As for now, Bitcoin is the champion of the crypto wars because it’s market share is on the rise. The market capitalization is being used by the penny stock operators to trade world most famous and wanted digital currency. The market share of Bitcoin has gone up to 60%, which was 53% in the previous year. Penny stock share outperforms The operators of penny stock ...
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Stock

7 Mistakes Investors Make

The investment market is like the roller coaster ride where you have to sit back holding your seat and wait for the ride to stop to get down. You cannot jump in the middle of the ride. Investment is all about taking a calculated risk. To this, here are the 7 biggest mistake Investors make. 1) Failure to understand the Base Rate: People follow a trend of going by the information that is being projected from the outside. The result is that they never follow the classic way to proceed with the investment process that is checking the current ...
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money

Best Exercises for Financial Flexibility

Financial flexibility is a state in which you can afford to spend a few more dollars for your favorite cuisine in a restaurant. You can afford to buy a more comfortable home with heating and cooling systems. You can afford to treat your parents in a specialty hospital. You can afford to send your children to international schools. You can afford to spend two more days of holiday in Hawaii and the Bahamas. Well, you can increase the list to infinity. But how you do it? Here are a few simple tips. Prioritize Spending Essential Spending: ...
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Check payment

Advantages of Using Cheques for Payment

Cheques are quite important as they provide financial security by holding the cash for the cash owner. When it comes to holding a large amount of money, likes in million, it will be difficult for someone to carry that out. That’s when the cheques come handy. With the help of the cheque, it becomes easy for a person to cash his or her amount to the desired person. Also, it is quiet a safe method for the transaction. In general, it is a transaction process that is used for the transfer of money from one back account to another bank account ...
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