In our journey towards financial freedom, we are always looking for new ways to earn extra income or save a few dollars. Heck, our financial freedom products page is full of apps, websites, and other platforms that will help you achieve this goal. Today, we wanted to perform a detailed review over an app that we use on EVERY shopping trip. Let’s learn about Shopkick, how to use the app, and some of our pros and cons.
On most occasions, us Diplomats are on the same page with stock purchases. Since we are always sharing our thoughts, ideas, and analyses, chances are that if one Diplomat purchases a stock, there is a good chance the other one did as well. This happened when the two of us initiated a position in ABBV in the fourth quarter and it happened once again in January when ABBV’s price fell through the floor. Lanny wrote out his purchase of ABBV and WRK this week, and now it is my turn. Here is why I added to ABBV!
There are always fun wrinkles when you change employers. You cross your fingers and hope they have the same 401k brokerage, the same Health Savings Account provider, and same health insurance provider to make things easy. Unfortunately for me, I struck out on all three. After receiving my second HSA card in the mail a few months ago, I quickly became annoyed with having two accounts. So I decided to look into this further and determine if I should keep two separate Health Savings Accounts or combine the two accounts.
The following is a guest post from one of our friends, discussing a topic that we haven’t written about too frequently on our website. Sure, we screen stocks to identify undervalued dividend growth stocks. But we haven’t covered identifying the best time to trade for both short-term and long-term investors. Please see the following post to learn more!
The best time to invest in the market depends on many factors, such as your investment goals and time horizon. Naturally, investors and traders who have a shorter-term horizon can accumulate substantial losses if they invest their funds in bear markets and traditionally underperforming months.
On the other side, longer-term investors don’t have to worry about the best time to invest, as in the long-term, the time could be right now.
In this article, we’ll take a closer look at the best times to invest in the market both for short-term traders and long-term investors, and show you a few tricks that can help you decide what’s the best time to sell your investments. Continue reading
The following post is a guest blog post from one of our good friends and he offers a unique-alternative to paying off your loans faster! We don’t traditionally have these, but we always enjoy reading a different perspective and other avenues to take to become Financially Free! Please see the post below and we thought it could be for something of consideration:
Time to Pay off Your Loan Faster
Borrowers are bound to feel relieved once they pay off their entire loan. By paying the loan amount back, you can enhance your savings. You’re bound to meet a higher rate of interest when you owe a higher amount of loan to your bank. For instance, the burden of your monthly loan may get lowered when you opt for a long-term agreement. Continue reading
After an inspirational discussion with Lanny over the weekend, I was looking to come out of the gates firing on Monday. I was excited for the opportunity to add to my portfolio. “firing out of the gates” may not be the best way to describe this purchase. Overall, it wasn’t the largest. But I was excited for the chance to add some nice income and continue to build a position in my portfolio . Here is why I added to my position in Kraft Heinz (KHC)!
Another month down. July is always a fun month because it is my birthday month! This year, I finally entered my final year in my 20s and will be enjoying this victory lap before I enter my 30s. The market was interesting this month and there were several weeks where there weren’t any investment opportunities jumping off the screen at me or Lanny. But then the end of the month struck! But I’ll save the details for the article…..Here is my July dividend income summary!