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What Are Asian Options and How Are They Priced?

March 23, 2023 by Brett Tams

What Are Asian Options and How Are They Priced?

Asian options (also known as average strike options or average options) are a type of exotic option that is priced according to the average price of the underlying commodity, as opposed to the spot price. Read on for how they’re priced, how they work, pros and cons, and more. What Is an Asian Option? Asian […]

The post What Are Asian Options and How Are They Priced? appeared first on SoFi.

Posted in: Financial Advisor, Growing Wealth, Investing Tagged: 2, active, active investing, advice, advisor, All, app, Asian, assets, assumptions, average, Bank, before, black, blue, Broker, brokerage, brokers, business, Buy, buyer, clear, closing, color, commissions, commodities, cons, Credit, cryptocurrency, decisions, display, exchange rate, exercise, expensive, experience, faq, Finance, Financial advice, Financial Wize, FinancialWize, FINRA, friendly, future, goals, Growing Wealth, HR, impact, Invest, Investing, investment, Investor, investors, Learn, Legal, lending, liquidity, LLC, loan, LOWER, Make, market, measure, mobile, Mobile App, model, money, More, Move, needs, offer, offers, or, Other, past performance, premium, price, Prices, products, pros, Pros and Cons, protect, Purchase, questions, rate, ready, right, risk, SEC, securities, short, social, sofi, stock, Style, tax, taxes, time, trading, unique, value, volatility, wants, wealth, will, work

SOTM 73: Working-Class America’s Last Shot at Homeownership – BiggerPockets’ David Greene

March 23, 2023 by Brett Tams

With home prices reaching record highs, many Americans are waiting for “the right time to buy.” That time may never come. On today’s podcast with BiggerPockets’ David Greene, we discuss the factors driving current market conditions and speculate on just how expensive homes could be in years to come. It’s a scary thought, but this might be working-class America’s last shot at homeownership. Hear why on this State of the Market.
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Posted in: Small Business Tagged: average, builders, Buy, buy a house, buyers, Capital Gains, capital gains taxes, construction, Credit, Deals, Discounts, discover, driving, estate, expensive, facebook, Financial Wize, FinancialWize, foreclosure, Free, future, guests, home, home builders, Home Ownership, home prices, homebuyer, Homebuyer tax credit, homeownership, homes, house, Housing, Housing inventory, Housing market, Inflation, Instagram, inventory, inventory shortage, Learn, Links, list, low, market, markets, More, new, new construction, or, ownership, podcast, Prices, questions, Real Estate, real estate markets, Review, right, shortage, tax, tax credit, taxes, time, Twitter, value, working

401(k) Catch-Up Contributions: What Are They & How Do They Work?

March 22, 2023 by Brett Tams

401(k) Catch-Up Contributions: What Are They & How Do They Work?

Retirement savers age 50 and older get to put extra tax-advantaged money into their 401(k) accounts beyond the standard annual contribution limits. Those additional savings are known as “catch-up contributions.” If you have a 401(k) at work, taking advantage of catch-up contributions is key to making the most of your plan, especially as retirement approaches. […]

The post 401(k) Catch-Up Contributions: What Are They & How Do They Work? appeared first on SoFi.

Posted in: Financial Advisor, Investing Tagged: 2, 2023, 401(k) plan, 401k, 457, active, active investing, advice, advisor, All, AllZ, assets, Bank, Benefits, Broker, brokerage, business, clear, company, Credit, cryptocurrency, decisions, deductions, display, diversify, earnings, employer, employer match, Employment, expenses, faq, Finance, Financial advice, financial tips, Financial Wize, FinancialWize, FINRA, Free, fund, funds, future, General, Giving, goals, great, Grow, growth, How To, HR, human resources, Income, income tax, Inflation, Invest, InvestGen, Investing, investment, investments, InvestX, IRA, IRAs, irs, Learn, Legal, Legislation, lending, LLC, loan, Main, Make, making, max out, measure, money, MoneyHL, More, more money, needs, offer, offers, opportunity, or, Other, past performance, pension, plan, plans, Preparing for Retirement, products, protection, retirement, retirement account, retirement accounts, retirement goals, retirement plan, retirement plans, retirement savings, RETUPD, Revenue, risk, roth, Roth IRA, Roth IRAs, Salary, save, Save Money, Saving, savings, SEC, securities, sep ira, short, simple, simple IRA, social, sofi, spouse, Strategies, Style, tax, tax benefits, tax-advantaged, taxes, time, tips, trading, traditional, under, Ways to Save, wealth, will, work, working

U.S. Bank Smartly Checking Review for 2023

March 22, 2023 by Brett Tams

Looking for a checking account that meets your needs? Check out our 2023 review of US Bank Smartly Checking.
Posted in: Credit 101 Tagged: 1099, 2, 2023, app, assets, ATM, average, balance, Bank, bank account, bank accounts, Banking, banks, basic, before, Benefits, big, Bill Pay, bills, bonus, brick, Budgeting, build, business, calculator, cash bonus, categories, CDs, chase, chase checking, chase sapphire, Checking Account, Checking Accounts, choice, Choices, closing, College, Commercial, company, cons, Consumers, Convenience, country, Credit, credit card, credit score, credits, customer service, Debit Card, deposit, Deposits, Direct Deposit, Discounts, earn interest, earning, Emergency, Entertainment, equity, existing, Extra Money, Fall, FDIC, Federal Deposit Insurance Corporation, Fees, Financial Services, Financial Wize, FinancialWize, fraud, Free, free checking, fund, funds, get started, Giving, goals, good, gray, groceries, Grow, habits, home, home equity, home equity line of credit, home equity loan, hours, How To, Insurance, interest, interest rate, interest rates, investments, Joint Account, kids, Learn, Life, line of credit, list, loan, low, LOWER, maintenance, Make, making, manage, market, Midwest, military, mn, mobile, Mobile App, Mobile Banking, Mobile Check Deposit, money, Money Management, money market, money market accounts, More, Mortgage, mortgage loan, most popular, Move, needs, net worth, new, no fee, offer, offers, Online Banking, Online Bill Pay, or, Other, overdraft fee, overdraft fees, Personal, personal loan, place, plan, Popular, premium, products, Promotion, pros, Pros and Cons, protection, Purchase, rate, Rates, reach, retail branches, retirement, retirement account, Revenue, Review, rewards, rich, right, safe, save, savings, Savings Account, Savings Accounts, School, smart, Spending, stage, states, Style, taxes, the west, time, tools, traditional, Transaction, transaction fees, TransUnion, trust, U.S. Bancorp, u.s. bank, under, US Bank, value, VantageScore, visa, will, young

The Condo Conundrum: Buying vs. Renting – A Guide to Making the Right Choice

March 22, 2023 by Brett Tams

Should you buy or rent a condo? Our guide explores the pros and cons, financial considerations, and factors to consider in any city

The post The Condo Conundrum: Buying vs. Renting – A Guide to Making the Right Choice appeared first on Redfin | Real Estate Tips for Home Buying, Selling & More.

Posted in: Market News, Paying Off Debts Tagged: 2023, All, Amenities, Appreciate, appreciation, Benefits, Blog, Budget, build, building, Buy, Buying, Buying a Home, buying vs renting, choice, Cities, city, Colorado, Competition, condo, condos, cons, cost, decision, decisions, deposit, down payment, equity, estate, expenses, expensive, Family, Featured Post, federal income taxes, Fees, Financial Goals, financial stability, Financial stress, Financial Wize, FinancialWize, fixed, flooring, freedom, future, goals, guide, gym, hoa, HOA Fees, hold, home, home buying, homebuyer, homeownership costs and benefits, house styles, Housing, housing costs, Housing market, Housing markets, Income, Income Taxes, install, interest, investment, jacksonville, kitchen, landlord, landlords, lease, Leases, Live, Living, LOWER, maintenance, Make, making, market, markets, money, More, Mortgage, mortgage interest, mortgage payment, Move, needs, net worth, new, offer, office, office buildings, opportunity, or, Other, ownership, paint, Personal, place, plan, plumbing, pool, Prices, principal, property, property taxes, property values, pros, Pros and Cons, Raise, Real Estate, real estate market, real estate tips, Redfin, Redfin.com, renovate, renovations, Rent, rental, rental property, renter, renters, renting, repair, Research, return, right, river, save, savings, security, security deposit, Sell, selling, single, single-family, smart, space, springs, stable, Starting Out, stress, tax, tax benefits, taxes, time, tips, upkeep, value, wealth, wealth building, will, work, wrong

17 Homeowner Expenses You Should Budget For

March 22, 2023 by Brett Tams

Owning a home comes with far more than a monthly mortgage. See which costs homeowners need to consider.

Posted in: Moving Guide Tagged: 2, 2017, 2021, 2022, 2023, african american, All, Amenities, appliances, ask, at home, attic, average, Banking, bills, Budget, build, Built, Buy, Buying, Buying a Home, city, Clean, cleaning, closing, closing cost, company, condo, construction, contracts, cost, couple, Crisis, data, DIY, down payment, equity, escrow, expense, expenses, expensive, experience, experts, Fall, Family, Fees, FHA, FHA loan, Finance, Financial Wize, FinancialWize, fixer-upper, flood, Flood insurance, flooding, flooring, fund, funds, future, gas, goal, good, Grow, health, heirs, Hiring, hoa, HOA Fees, home, Home Improvement, home loans, home purchase, home value, Home Values, home warranty, Homeowner, homeowners, homeowners insurance, homeownership, house, Housing, Housing market, HVAC, ice, improvement, Insurance, insurance costs, insurance premiums, items, kitchen, landlord, landscaping, Law, lawn care, Legal, legal issues, liens, Life, Live, Living, loan, Loans, locks, LOWER, maintenance, Make, making, market, mold, money, money market, Money Market Account, monthly budget, More, more money, Mortgage, Mortgage Insurance Premiums, mortgage payment, mortgage payments, Move, needs, net worth, new, new home, offer, office, ok, or, Original, Other, ownership, payments, penny, Personal, personal finance, pest control, photography, place, plan, plumbing, PMI, policies, premium, pressure, pretty, preventative, price, Prices, private mortgage insurance, Professionals, property, property tax, property taxes, protect, Purchase, Quotes, Rates, renovation, renovations, Rent, rental, Rentals, renter, repair, Research, right, rise, risk, save, Saving, savings, Savings Account, search, security, Sell, single, space, square footage, states, story, subprime mortgage, tax, taxes, time, title, Title Insurance, UFMIP, upside down, utilities, utility costs, VA, VA loan, value, vinyl, wall, warranty, will, woman, workers

Georgia State Tax: Rates and Who Pays in 2022-2023

March 22, 2023 by Brett Tams

Virginia state income tax rates are 2%, 3%, 5% and 5.75%. Virginia state income tax brackets and income tax rates depend on taxable income and residency status. Virginia state income…

Posted in: Moving Guide, Taxes Tagged: 2, 2022, 2023, assets, Blog, cost, currency, data, Emergency, Fall, FEMA, filing jointly, filing taxes, Financial Wize, FinancialWize, Free, Georgia, head of household, household, Income, income tax, Income Taxes, irs, Legal, list, Live, low, married, More, nerdwallet, or, Other, Partnerships, Personal Taxes, programs, Rates, Refund, return, Revenue, single, standard deduction, state tax, states, target, tax, tax brackets, tax filing, tax rates, tax refund, taxable, taxable income, taxes, time, trusts, virginia, volunteer, weather, will

How to begin investing: The steps to take and terms to know

March 22, 2023 by Brett Tams

Investing can be an effective part of your financial strategy. But before you start, make sure you’re ready.

The post How to begin investing: The steps to take and terms to know appeared first on Discover Bank – Banking Topics Blog.

Posted in: Real Estate News, Retirement Tagged: 2023, 401k, advisor, All, ask, assets, Automate, automation, average, Bank, bank account, Banking, basic, before, Benefits, big, bills, Blog, bonds, build, building, Buy, Buying, buying and selling, CD, CDs, clear, coffee, College, Compound Interest, cost, Debt, decades, decisions, discover, diversify, education, Emergency, Emergency Fund, emotional rollercoaster, Emotions, estate, ETFs, exchange traded funds, expenses, experience, Extra Money, FDIC, Fees, Finance, Financial Advisor, financial advisors, Financial Goals, financial journey, Financial Plan, Financial Planning, Financial Wize, FinancialWize, fixed, foundation, front, fund, funds, future, get started, goal, goals, gold, good, great, Grow, growth, health, Health care, High-yield Accounts, historical, hold, home, home renovation, home repairs, How To, Income, index, index fund, index funds, industry, Inflation, interest, interest rate, international, Invest, Investing, investment, investments, investors, IRA, journey, kids, Learn, Life, Long-term Saving, low, Make, making, man, market, markets, Medical, medical bills, money, More, Move, movies, mutual funds, needs, new, new home, offer, or, Other, outdoor, party, past performance, paycheck, Paying Down Debt, Personal, place, plan, Planning, plants, points, portfolio, price, Prices, productive, Promos, questions, rate, reach, ready, Real Estate, renovation, retirement, Retirement Planning, retirement savings, return, returns, risk, robo-advisors, roth, Roth IRA, safe, safety, save, Save Money, Saving, Saving for Retirement, Saving for Your Goals, savings, Savings Account, selling, shares, short, Side, Side Hustle, simple, Software, states, stock, stock market, stocks, tax, Tax Advantages, tax benefits, taxable, taxable income, taxes, Technology, The Stock Market, time, time horizon, traditional, traditional IRA, united, united states, value, volatility, Ways to Save, wealth, will, woman, women, work

Mortgage Rates and Payments Keep Rising, Creating Market Misery – Kiplinger’s Personal Finance

March 21, 2023 by Brett Tams

Mortgage Rates and Payments Keep Rising, Creating Market Misery  Kiplinger’s Personal Finance

Posted in: Renting Tagged: 2, 2022, 2023, 30-year, 30-year fixed mortgage, 529, advice, ARM, average, before, buyers, color, Commercial, Consumers, Credit, credit card, credit score, Credit unions, data, down payment, E-Mail, energy, estate, Expert advice, Fannie Mae, fed, Federal funds rate, Federal Reserve, fico, fico score, Finance, Financial Wize, FinancialWize, first-time buyers, fixed, food, Free, funds, future, goal, good, home, Home Ownership, home prices, home purchase, Home Purchase Sentiment Index, home sellers, Homebuyers, Homeowner, homeowners, house, How To, index, Inflation, interest, interest rate, interest rates, Investing, Investor, Jerome Powell, job, Job Security, lenders, Loans, Local, low, low mortgage rates, LOWER, Make, market, mobile, More, Mortgage, Mortgage demand, mortgage interest, Mortgage Interest Rates, mortgage payments, MORTGAGE RATE, Mortgage Rates, Mortgages, new, or, Other, ownership, payments, Personal, personal finance, points, Prices, Purchase, Quotes, Raise, Raise Credit Score, rate, Rate Hikes, Rates, reach, Real Estate, Redfin, Refinance, refinancing, retirement, risk, save, security, sellers, selling, Selling Your Home, Spending, survey, target, taxes, the fed, time, tips, title, will

What Is a Good Monthly Retirement Income?

March 21, 2023 by Brett Tams

A good monthly retirement income is typically 80% of pre-retirement income. Median income for households headed by someone over 65 was $3,968 per month.

Posted in: Investing, Moving Guide Tagged: 2, 2021, 2022, 2023, 401(k) plan, 401(k)s, affordable, assets, average, balance, before, Benefits, Blog, bond, bonds, Bureau of Labor Statistics, Buy, Capital Gains, capital gains tax, CDs, Census Bureau, company, Compensation, Consumers, cost, Credit, credits, currency, data, Deductible, deductions, defined benefit, deposit, Deposits, downsizing, earning, earnings, employer, equity, ETFs, Financial Wize, FinancialWize, fixed, fixed income, Free, fund, funds, General, good, government, home, home prices, house, Income, income tax, Income Taxes, interest, Invest, Investing, investment, IRA, IRAs, line of credit, list, Living, loan, Loans, low, Make, military, money, More, Mortgage, Move, Moving, mutual funds, nerdwallet, offer, offers, or, ownership, paycheck, payments, pension, place, plan, plans, Popular, Prices, property, Rates, reach, required minimum distributions, retirees, retirement, Retirement Income, retirement plans, Reverse, reverse mortgage, roth, Roth IRA, Roth IRAs, Salary, savings, Savings Accounts, security, Sell, selling, Selling Your Home, single, social, social security, statistics, stocks, target, tax, tax-advantaged, taxable, taxable income, taxes, the balance, time, traditional, traditional IRA, U.S. Census Bureau, value, will, withdrawal, work, working
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