Saving and Investing for Early Retirement

Everybody wants to retire early. Sure, you might like what you do. But if you’re 98% of people, you’d like to have more time to yourself, with your family and friends. In the years following the global recession, early retirement (or even regular retirement) seemed like an impossible dream for many. But there has been…

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What is an economic moat?

The term economic moat, coined and popularized by Warren Buffett, refers to a business’ ability to maintain competitive advantages over its competitors in order to protect its long-term profits and market share from competing firms. Remember that a competitive advantage is essentially any factor that allows a company to provide a good or service that…

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6 Secrets to Saving More for Retirement

Planning for retirement is like taking a long road trip. At first, you put your plan on cruise control, letting your employer make some or all of the calls about how much to save and in which investments. Later, as your finances and priorities become more complicated, you take the wheel yourself, tweaking those investments…

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4 Ways Money Can Buy Happiness

It’s the age-old question: Can money buy happiness? Much of the time, our energy and focus is on work and career, which primarily is about the chase for the almighty dollar. Generally, people want more for basic needs, including a roof over their heads, food, clothing and maybe a car. And we all want more…

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Basic Investing Strategies

Learning how to invest your money is one of the most important lessons in life. You don’t need to be college educated to start investing, in fact, you don’t even need to be a high school graduate. You just need to have a basic understanding of business and have the confidence to make a plan…

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3 Ways to Turn Your Money Life Around

I’ve said it before and I’ll say it again, the hardest part is getting started. That applies to so many things in life, whether getting in shape, quitting an addiction, starting a relationship with someone you care about, and (as is most relevant to our discussion) becoming financially stable. Sometimes it can be tough to…

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Consider These 7 Things Before You Invest

Investing and planning for the future can be a daunting task. There are so many factors to consider in creating and managing your portfolio, and you may find it difficult to find a financial professional you trust for unbiased advice. That’s why Monument Wealth Management, as an independent registered investment advisor, has prepared this list…

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How to Use Excel to Calculate the Rate of Return

In this series, aimed at easing your financial calculations, we have covered several aspects of planning. We looked at different Excel functions that help in estimating the future value of investments, both for constant and varied interest rates, computing loan EMIs, and estimating the time frame to reach a financial goal. In the concluding part…

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All About ELSS Investment

Equity-linked saving schemes are among the options that are eligible for tax benefits under Section 80C. Here are some facts that will help you make better investment decisions. 1) What are the tax benefits? Up to Rs 1 lakh invested in ELSS funds in a year is eligible for deduction under Section 80C. However, unlike…

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10 best tax saving investments for 2016

Multiple options. Contradictory advice. And a deadline that’s approaching fast. Many taxpayers find themselves in this situation at the beginning of the year when they have to make tax-saving investments. Are you also confused? Before you make a choice, go through our cover story to know which is the best option for you. We have…

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Sachin Tendulkar invests in Smartron India

Sachin Tendulkar has become a shareholder and brand ambassador of domestic original equipment manufacturer Smartron, the cricketer said in a statement on Tuesday. The company is set to launch a slew of smart devices and Internet of Things (IoT) products for consumer and enterprise markets in the first quarter of 2016-17. Tendulkar in the release…

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The Seven Deadly Sins of Investing

It has been nearly five years since the depths of the U.S. financial crisis, and investors have learned a lot since then. Or have they? Despite the downturn that left many investors reeling from losses on everything from real estate to the stock market, when it comes to investor behavior—those hard-wired instincts that drive us…

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The Final Days of the Bitcoin Foundation?

Bruce Fenton, executive director at the Bitcoin Foundation, opened its Dec. 15 board meeting with a sense of urgency: “We need additional funds if we wish to retain employees.” The numbers didn’t look good. In two years, the foundation had seen at least $7 million evaporate. As of Nov. 30, its total assets stood at…

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