Real estate investors buy, own, manage, rent, and sell real estate—either directly or indirectly—to generate income and/or capital gains over time. No matter what type of real estate investment you choose, it can help diversify your portfolio, reducing your overall investment risk. Of course, the best places to invest in real estate can depend on … Read more
Savers who want to earn the most interest on their money should look at the best high-yield savings accounts. With interest rates on the rise, savers are earning higher rates in HYSA than they have in more than a decade. These accounts offer the functionality of traditional savings accounts but receive a much higher interest … Read more
CIT Bank has grown to become one of the best-known digital banks. It offers checking, savings, money market accounts, and certificates of deposit (CDs) with attractive features and rates. It can be a good choice to park excess savings to earn high interest. Is it the type of online institution that will enable you to … Read more
Discover® is best known for its lineup of rewards credit cards, which are some of the best in the business. But did you also know that you can earn high interest, and even cash back rewards, on deposit accounts at Discover® Bank? Discover® Bank doesn’t pay the highest rates on any particular account. But what … Read more
Savings bonds are a conservative way to save money with guaranteed interest payments from the federal government. Investors buy them at a discount from the government and receive the full face value of the bond upon maturity. These investments balance risk in your portfolio during your working years and provide guaranteed returns for your retirement … Read more
When you invest money in a savings instrument, you might see two numbers representing interest paid on account, and they’re usually not the same. One is the interest rate, sometimes referred to as the “nominal interest rate,” and the other is APY, which is an abbreviation for “annual percentage yield.” So which is the more … Read more
For many Americans buying a new or used vehicle often requires the help of an auto loan (in 2023, 79.7% borrowed when buying new but only 38.4% did when buying used). Financing a vehicle purchase with an auto loan allows you to buy the car you want today and repay that debt over a period … Read more
Your credit score can have a significant impact on your life. It can be the difference between being approved for a mortgage to purchase a home and having to find alternatives such as renting or staying with a family member. This is why it’s important to know your credit score and understand where it falls … Read more
Ready to apply for a personal loan? A good first step before submitting an official application is to get prequalified. Prequalification allows you to shop around for loans without affecting your credit score. By filling out a form, you can get a sense of the loans for which you’re eligible and a better idea of … Read more
Personal loans can be used for all sorts of things. Whether you’ve got unexpected medical bills, you want to go back to school, or you want to consolidate your debt, a personal loan can quite literally revolutionize your life. But one of life’s most demoralizing moments is when you receive a rejection from a credit … Read more