How To Calculate A Stock's Dividend Yield

When comparing different investments, the most common method used is to compare their yields. The yield of an investment is simply the return you get expressed as an annual percentage. This allows you to do a basic comparison between different types of investments. For example, suppose you are trying to decide which is the better investment: putting money in a bank account or buying a dividend paying stock. These are two very different types of investments...

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Retail Credit Cards Are Robbing You

CreditCards.com recently released their annual survey of credit cards rates for retail branded cards. Retail branded cards are those issued by stores, such as The Gap, Apple, Macy's, or Staples. The results are not good news for consumers. The average interest rate on retail credit cards in 2015 is 23.43%. Zales Jewelers has the highest rate at 28.99% and Staples comes in second at 27.99%. For comparison, the nation average for "regular" credit...

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Save Money By Challenging Yourself

The biggest monthly expense in our household is our mortgage payment. This is probably true for most working families. Our second biggest expense is food. Even if you only include the money you spend at the grocery store and exclude what you spend at restaurants, if you track your spending for a month, you'll most likely find the same thing. If you are on a budget and trying to save some extra money, it make sense to look at your biggest expenses...

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Goal Update: End of October 2015

At the end of each month, I post an update of my goals, including a brief discussion of any notable events that might have occurred during the month. The latest month's figures can always be found under the Featured menu in the menu bar at the top of the blog. Last updated: End of October, 2015 Current value: $18,142 Change from last month: +$1,676 Percent of Goal:  16.68% Note that the funds in this account are invested in...

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