TessMore Finance Blog

Does silver have a place in your investment portfolio ? Much like its first cousin, gold, silver has many detractors in the mainstream financial universe. The standard arguments are that it’s subject to wide price swings, doesn’t pay interest or dividends, and so there are better places to invest your money. While the arguments against silver are valid, there are times when silver can be a solid investment – maybe even better than gold. That’s why it’s good to know how to invest in silver, especially when the precious metal is rising in value. That may be the case right now, as you’ll understand better after reading this article. Table of Contents Why Invest in Silver? 1. Silver as an Inflation Hedge 2. The Silver Supply Deficit 3. Buy Silver for Investment Diversification 4. The Gold/Silver Ratio Factors that Affect the Price of Silver How to Invest in Silver Silver Bullion Silver Stocks Silver Bullion Exchange Traded Funds (ETFs) Silver Futures Where to Hold Yo...

Will you become the next Steve Jobs, Bill Gates, or Jeff Bezos? When you think about Apple, Microsoft, or Amazon, you can’t help but feel that the ONLY way to have a successful online business is by starting the next mega software company. But, of course, it’s definitely not the easiest type of business to […] Source from I Will Teach You To Be Rich https://ift.tt/texa1BQ

As the world becomes more connected and digital opportunities appear everywhere, the dream of starting an online business has taken center stage.  The digital landscape not only makes an online business super easy to start, it also allows you to reach a huge customer base and operate with reduced costs compared to traditional brick-and-mortar businesses […] Source from I Will Teach You To Be Rich https://ift.tt/Fl58pvE

We all know the myth of eCommerce moguls and software wizards: they all started with an idea, a garage, and then poof — overnight success! This gets you raring to get started on your online business journey because it probably makes you think, “It’s not that hard… right?” But let’s be real. Building an online […] Source from I Will Teach You To Be Rich https://ift.tt/as2XcMW

Whether you’re looking for a side hustle to supplement your income or dreaming of a full-fledged online empire, the Internet has opened doors to an almost unlimited choice of online businesses you can start right now.  In this post, I’ll break down the various types of online businesses and present you with profitable examples of […] Source from I Will Teach You To Be Rich https://ift.tt/tdlHkEv

This is part of our series on IWT’s 4-Day Workweek Challenge, where we take you behind the scenes to show what it’s like for us as we test out a compressed work schedule. The post you’re about to read is written by Tony Ho Tran, a professional journalist for The Daily Beast and a former […] Source from I Will Teach You To Be Rich https://ift.tt/QwGtsn2

Could you fit the basics of personal finance onto a single index card? Over ten years ago, Harold Pollack interviewed Helaine Olen and famously said that the best financial advice for most people could fit onto an index card. Pollack is a professor at the University of Chicago, and while he is most well-known for his views on public policy, the index card is one of his most well-known creations. I was curious: How does it look after ten years? Does it still fit in a world where people shell thousands on an NFT or cryptocurrency? What about when interest rates are the highest it has been in decades? Table of Contents What is on the Index Card? 1. Max your 401(k) or equivalent employee contribution. 2. Buy inexpensive, well-diversified mutual funds such as Vanguard Target 20xx funds. 3. Never buy or sell an individual security. 4. Save 20% of your money. 5. Pay your credit card balance in full every month. 6. Maximize tax-advantaged savings vehicles like Roth, SEP and 529 ...

One of the most exciting companies in the world right now is a somewhat mysterious organization known as SpaceX. The company was launched by Tesla founder Elon Musk, who has a history of defying the odds when it comes to rolling out new technologies. Wall Street is buzzing about SpaceX, and nearly every investor wants to know how to buy SpaceX stock. How can you get in on the SpaceX action? Well, as it turns out, it’s not as simple as it may seem. SpaceX has tons of potential, but can you profit from the company’s growth? It’s possible, but you have to go through a side door. Fortunately, there are a few of those.  Table of Contents What Is SpaceX? What Is the Value of SpaceX Stock Today? Can I Buy SpaceX Stock? Prepare for Pre-IPO SpaceX Stock Purchase Alphabet Inc Class A (GOOGL) Stock Purchase Alphabet Inc Class C (GOOG) Stock Purchase Bank of America (BAC) Stock Invest in SpaceX’s Competitors Invest in Space Technology Index Funds FAQs Should You...

Learning how to practice self-care is critical to a life well-lived. Unfortunately, too many of us don’t take the time to take care of ourselves the way we should. In addition to our busy schedules and many responsibilities, we tend to think that self-care has to cost a lot of money. However, it’s entirely possible to practice self-care on a budget . Do yourself a favor and use the following tips to live a better life without breaking the bank. Table of Contents 1. Embrace Your Dreams 2. Create a Routine 3. Make Time for Exercise 4. Enjoy Nature 5. Relax 6. Clear Your Plate 7. Practice Kindness 8. Improve Your Finances 9. Reassess Your Career 10. Start Journaling 11. Clean Your House 12. Eat Like Royalty Final Thoughts 1. Embrace Your Dreams Dreams. Goals. Whatever you want to call them. Do you remember when you had them? Have they fallen to the wayside as you focus on simply making it through busy days? What are your dreams? Would you love to visit Europe someda...

If you’re a student, are new to credit, or are in the process of rebuilding your credit , you know how challenging it can be to qualify for a credit card. Many credit card companies have strict approval criteria and only want to deal with the most established consumers. Thankfully, there are a number of credit cards that are easier to qualify for. To help you find a credit card that works for you, I’ve compiled a list of credit cards with more relaxed approval criteria. But first, here’s a closer look at how credit card approval decisions are made. Table of Contents How Are Credit Card Approval Decisions Made?  Your Credit History Debt-to-Income Ratio Number of Credit Inquiries Number of Delinquencies on Your Credit Bureau Your Credit History Your Income What Is the Easiest Type of Credit Card to Get?  The Easiest Student Credit Cards to Get Discover it Student Cash Back Card Capital One SavorOne Student Card Discover it Chrome for Students Credit Cards ...

Every year, millions of people run marathons. They put themselves through 26.2 miles of running in what is typically over several hours. It’s a grueling endeavor you can’t just do on a whim (without suffering greatly); you have to train for it. But people who run marathons love running marathons. On the Fun Scale, races are an example of Type 2 fun. The Fun Scale is a great way to think about many things in life. Type 1 fun is something that is fun while you’re doing it. It’s having a beer with your friends at the beach. Snowboarding. A delicious meal. Type 2 fun is something that may not be fun at the moment, but you look back on it fondly. You enjoy the sense of achievement that comes with doing something difficult. It’s a hike or a marathon. The idea of Type 1 and Type 2 fun has applications in a variety of areas in our lives. Today, let’s apply this framework to financial decisions: Table of Contents The Money Mistakes Scale How do you avoid type 2 money mistakes? S...