Commerce

3 actions that everyone can understand

There is a persistent misconception that investing is a difficult and complex exercise that requires significant brain power. While it is true that some analytical and critical thinking skills are required, the basic principle of investing is easy to understand: buy big companies and hold them for the long term. …

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3 COVID stocks to buy if you’re not a big risk taker

There is a force more powerful than the fear of missing something – the old fear itself. The shares of several small companies developing COVID-19 diagnostics, therapies and vaccines soared last year. It’s fair to say that most investors stood on the sidelines and didn’t buy these stocks. Why? The …

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Advice on buying business insurance

In terms of insurance, it was a difficult year for small businesses, pandemic losses who were not covered to scramble to file looting and fire damage claims. So there’s never been a better time to take stock of your business insurance, to make sure it’s up to the job. An …

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How risky is American Express?

Credit card company American Express (NYSE: AXP) endured a tough 2020, like many in the financial services industry, but fared better than most. The share price fell only about 1% last year, which isn’t bad considering the coronavirus pandemic and associated recession have caused spending to drop sharply and virtually …

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Most people ignore these 3 key 401 (k) details

Pop quiz: How a 401 (k) actually works? You probably know that the money is coming out of your paycheck and going into the account, that the government is giving you tax relief on your contributions, and that the money grows over time to help cover expenses in retirement. A …

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What is a good credit score?

Kinga / Shutterstock.com If you want the best possible finance rates, you need a good FICO score. Understanding what this score represents, and what elements of your credit history affect it, makes it easier to assess your financial situation and take the necessary steps to become a more attractive prospect …

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