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Let's talk money.

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BY PATRICK VOLK, Sep 26, 2017
An index is a basket of stocks/bonds which are used to track the overall market or a particular sector or region of the investment universe. One example would be the S&P 500, which tracks the largest 500 US companies. Indexing is a passive form of investing in which the investor tries to…
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BY PATRICK VOLK, Sep 18, 2017
There’s nothing wrong with investing while you still have outstanding debt, be it student loans, credit cards or a mortgage. However, you need to examine the cost of the debt in comparison to the potential of the investment. Example: I have a credit card debt of $5,000 with an interest rate of 17%…
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BY PATRICK VOLK, Sep 13, 2017
As some of you are aware, Equifax, one of the three largest credit reporting agencies in the U.S., had a data/security breach. This potentially exposes 143 million users’ Social Security numbers, dates of birth, addresses and in some cases, credit card numbers. Equifax recently admitted the breach…
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BY PATRICK VOLK, Sep 7, 2017
Stocks represent ownership. When you buy a stock, you’re actually buying a piece of a company. A stock can increase or decrease in price, but it may also pay dividends.Common stock is the most widespread type of stock issued by corporations. The growth potential is greater for common stock than…
BY PATRICK VOLK, Sep 1, 2017
1. Set your bills on autopay. Save time and money by having your essential expenses automatically come out of your checking account on a regular basis. This will guarantee the bills are paid and you will avoid late fees. It also has the benefit of dedicating dollars to particular expenses, allowing…