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Essential Tips for Beginning Investors


How a Horse and a Donkey Can Help You Build Wealth

Whenever you have the opportunity, help your neighbors. Generosity and charity are investments in your community's future, which in turn benefits you. See how a horse and donkey learned that important lesson.

Adopt the habits of successful investors and you too could call yourself one after a while. We have 23 to get you started.

5 Common Investing Mistakes (And How to Avoid Them!)

We all make mistakes, but these common investing mistakes can destroy your portfolio. Here's how to avoid them.



    CIT Bank

    CIT Bank Review: Savings and CD

    December 16, 2017 - Reviews
    If you want to earn money on your savings - and you should! - then odds are a standard savings account isn't going to cut it.

    Average Tax Refund May Surprise You

    December 13, 2017 - Tips for Tax Tips
    The average taxpayer receives just over $2,700 in tax refunds each year. This is just about 5% of the median annual income in the U.S.

    Average Cost of Car Insurance May Surprise You

    December 9, 2017 - Tips for How to Save Money
    It's not unusual to spend $1,000 - $4,000 per year on car insurance. Young drivers and poor driving records tend to send the prices soaring.

    Average Cost of Life Insurance May Surprise You

    December 7, 2017 - Tips for How to Save Money
    Life insurance can cost you an average of $2,000 - $7,000 per year. You could pay that amount for the next 15-30 years too. Is life insurance worth the cost?

    Average Stock Market Return Will Surprise You

    November 25, 2017 - Tips
    The S&P 500 provides an average 10% return. The stock market provides an average 7% return. Does this mean you'll walk away with large profits?

    Average Cost of Clothing Per Month Will Surprise You

    November 15, 2017 - Tips for How to Save Money
    Spending $161 per month on clothing and services is average for adults. Middle-age adults spend about $50 more per month. They also make more money, so they have more to spend.

    Understanding Strangle Trades

    November 5, 2017 - Tips for Options Trading
    Trading options means you predict what a stock will do. That's not an easy job. If you want a little more leverage on either side, you can use the strangle strategy. You strangle the stock on either side with an option. This gives you protection on the high and low end.

    How Does the Collar Option Work?

    November 4, 2017 - Tips for Options Trading
    What if you could minimize your losses on a stock? It sounds like a dream come true, right? The collar option gives you that chance. It comes at a cost, though. You'd have to maximize your profits. Is it worth it?

    Understanding the Long Call Option

    November 2, 2017 - Tips for Options Trading
    You think a stock's price will increase, so you want in on that trade. What if you didn't have to fork over the entire amount of capital? What if you could pay a much smaller premium and still make money?

    Understanding the Protective Put

    October 31, 2017 - Tips for Options Trading
    If you could have protection while investing in stocks, wouldn't you jump at the chance? That's what a protective put offers. It's not a guarantee - there can still be losses. But, with the right strategy, it can help you make the most of your investment.

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