Skip to main content
Category

Investment 101

Five things to know before investing in the stock market

By Ask Shade, Investment 101

The stock market can help you make a lot of money, if you invest knowing the nitty-gritty of the market. Here’s what you need to know Never jump blindly into stock markets It often happens that while talking to your friends and colleagues, the discussion heads towards the stock market, and also how the stock market helps investors make big money. You might never have invested in the market, but after hearing about all those things, you also decide to buy some stocks. This move is highly discouraged, because you are jumping in blind. You should invest in the stock…

Read More

10 reasons you should have an Estate Plan

By Ask Shade, Investment 101

Your loved ones are typically the No. 1 priority in your life, and that isn’t going to change. The best way to make sure they are taken care of after you pass is to establish an estate plan while you are still of sound mind. Here are the top 10 advantages of creating an estate plan: It provides for your immediate family.  An estate plan will provide enough money for your surviving spouse to continue to care for the family. If both you and your spouse pass, an estate plan will name appointed guardians to care for your children. It…

Read More

THE TOP 10 ADVANTAGES OF ESTATE PLANNING

By Ask Shade, Investment 101

Taking care of your family has always been the No. 1 priority in your life, and that isn’t going to change. The best way to make sure they are taken care of after you pass is to establish an estate plan while you are still of sound mind. Here are the top 10 advantages of creating an estate plan: Provide for your immediate family.  The estate plan will provide enough money for your surviving spouse to continue to care for the family. If both you and your spouse pass, an estate plan will name appointed guardians to care for your…

Read More

5 smart things to do with your year-end bonus

By Ask Shade, Investment 101

If you’ve received your year-end bonus for the year or you’re expecting it, it can be tempting to consider having a splurge in the name of Detty December or convince yourself you deserve an extravagant treat. But before you throw caution to the wind and deplete that windmill, take some time to consider how you truly want to use it. No matter the size of your hard-earned bonus, you should think about how it can best serve you and your goals in the short and long term. Here are 5 ways to use your year-end bonus to expand its benefits…

Read More

Personal Finance with Raphael: 5 ways to control Emotional Spending

By Ask Shade, Investment 101, Life Bits

Emotional spending is an act of buying something for yourself that you don’t need perhaps don’t even really want, as a result of feeling stressed out, bored, under-appreciated, incompetent, unhappy, or even happy. For instance, when you received a raise or on your birthday. It’s entirely not a bad habit if you can afford to pay for those items seamlessly and have a robust financial plan to cover your goals without having to borrow or struggle to create these plans. Emotional spending could be a destructive shopping spree to compulsive shoppers and could cause continuous damage to one’s wallet if…

Read More

ESTATE PLANNING: LEAVING A LASTING LEGACY

By Ask Shade, Investment 101

Wakanda Forever. Unfortunately, no-one lives that long. Chadwick Boseman excited and inspired countless youths and adults when he played the world’s first black superhero, King T’Challa of Wakanda, in the blockbuster “Black Panther.” His recent passing at age 43 shows us that even those who appear to be young, vibrant, wealthy and heroic need an estate plan whose key elements include: A Durable Power of Attorney, which appoints a surrogate to make decisions about property and financial affairs on behalf of an individual, especially when or if they become incapacitated; A Healthcare Power of Attorney which appoints an Agent for…

Read More