Perhaps you are considering putting some of your funds into offshore accounts. If you are like many people, you may be somewhat hesitant about this idea. However, you may be misunderstanding offshore banking which is resulting in irrational fears about putting your money on foreign soil. In fact, here are 5 misconceptions about offshore banking. Limited Locations When you think of offshore banking, you might be thinking of a handful of locations that are commonly mentioned with the subject, such as Switzerland, Cayman Islands, the Virgin Islands, and Hong Kong. [Read More]

Have you been trying to figure out something profitable to invest in that can bring in a good return? One of the investment items that you can't go wrong with is gold, as it is a metal that is always needed. Below, find out why buying gold is a smart investment option that can bring in the return that you desire if you know how to go about reselling it. [Read More]

There are other mortgage options available besides FHA loans, VA loans, and conventional mortgages. Prospective home purchasers in a rural location or an outlying suburban area may find that a property they are considering is eligible for a mortgage loan guaranteed by the U.S. Department of Agriculture. Despite the name of the government agency, USDA home loans are not restricted to individuals engaged in agricultural pursuits. The loan program is intended to provide mortgage funding for all potential buyers of homes in rural areas. [Read More]

Individual age is a major factor in planning for retirement. The optimal mixture of investments for a person nearing retirement is different from that of a younger worker. Individuals planning for retirement can maintain a more suitable allocation of assets by investing in a target-date mutual fund IRA. A younger person has many years to focus on the growth of assets, even if there are market fluctuations along the way. An older individual has less time to recover from market downturns and is usually more focused on the preservation of assets. [Read More]