In our current low-interest rate economy, I’m always on the hunt for banking products that offer a competitive interest rate. With my local big bank offering a measly 0.04% interest rate on my checking account, I turned to the internet
A good credit score unlocks a wide variety of financial opportunities, including easier and cheaper access to credit and loans, reduced insurance premiums, better lease agreements, fewer utility deposits, and even potential employment opportunities. In our modern economy, your credit matters
When you have a limited credit history, most creditors are reluctant to extend you new lines of credit because they don’t know anything about your borrowing habits. This presents a minor challenge, but there are several straightforward solutions that can help
Building credit can be difficult. Without a credit history, most financial institutions will deny your request for credit because they cannot determine how responsible you are as a borrower. But you can’t demonstrate responsible credit management until you are approved for
In a recent article discussing the range of possible credit scores, I highlighted the relationship between credit and mortgage interest rates. This article will provide additional examples to demonstrate the importance of credit scores in our modern economy. As a
Harry Markowitz established Modern Portfolio Theory (MPT) and the investment concept of diversification in 1952. One of Markowitz’ doctoral students, William Sharpe, streamlined his work and developed a more accessible approach to diversification known as the Capital Asset Pricing Model
Modern Portfolio Theory (MPT) is the framework behind the investment concept of diversification, which posits that investors can minimize the volatility of their portfolio and maximize their expected return by investing in diversified portfolios of financial assets. Nobel Prize winner Dr.
Vanessa and I have been Discover Bank customers for almost six years. We maintain bank accounts and credit cards with Discover because the company continues to emphasize quality customer service while offering competitive products. In addition to 24/7 customer support (based