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Eligibility criteria for a reverse mortgage

Eligibility criteria for a reverse mortgage

A reverse mortgage allows senior homeowners to monetize the equity in their homes. The money may be used to meet financial requirements post-retirement. Such a mortgage is available to people aged 62 years and above. A reverse mortgage provides tax-free cash with no monthly installments. However, stringent guidelines and rules apply to reverse mortgage loans.
Top 5 high dividend ETFs for 2020

Top 5 high dividend ETFs for 2020

Now and then, it is recommended you revisit your portfolio and realign it with your financial goals (which may also have changed amidst the current global pandemic). A popular investment is exchange-traded funds (ETFs), which allow you to hold a basket of high dividend-paying companies. It is a hybrid of mutual funds and stocks.
Tips to find the best investment advisor

Tips to find the best investment advisor

In recent times, the older saving habits have slowly been replaced by the mindset to invest. A lot of people have realized that it is a better idea to invest money into something which allows it to grow rather than just hoard it in an account. It is important to remember that all investments are subject to market risks and carrying out thorough research is crucial.
3 reliable investment options for retirement

3 reliable investment options for retirement

When it comes to investing money, you can find thousands of different choices that promise to help grow your money. However, when you are investing your hard earned money to make your retired life more secure, you need to be extra careful about it. You need to find the safest and most rewarding investment plans for that, so you can enjoy your retired life in peace and security.
Top 4 credit card companies

Top 4 credit card companies

It is easy to be overwhelmed because of the number of credit card companies. You never know which one is better than the other unless you try them out, which is impossible. In such cases, how do you make a choice? A credit card company may be a bank, credit union, or anything in between that issues cards.
Top 4 providers of guaranteed business loans

Top 4 providers of guaranteed business loans

If you are considering establishing your own business, then you are probably worried about financing more than anything else. Getting guaranteed business loans surely is not easy. You need to get approval first, and even if you do, the interest rates may not be favorable to you. The good news is that the most prominent banks in the country have now started to approve loan applications from small businesses too.
3 great NNN properties as investment opportunities

3 great NNN properties as investment opportunities

A Triple Net Lease Property, also known as NNN Property is a type of real-estate retail asset for single-tenant occupancy. An NNN property is different from most other rentable properties, as the tenants have to pay the insurance, maintenance fees, and taxes from their own pockets in addition to paying the rent.
Top 4 automated investing providers

Top 4 automated investing providers

Investing money is an excellent way to generate more wealth. However, there is a vast choice of investment options available. As a result, it can be challenging when it comes to making the right decision. Automated investing service providers, also known as robo advisors, help simplify your decision. These automated advisors help build, monitor, and manage your portfolio based on your investment objectives, age, and risk profile.
Key takeaways of Social Security Disability Insurance

Key takeaways of Social Security Disability Insurance

The government funds many federal programs that support the hardworking citizens of the country. Social Security Disability Insurance (SSDI) and Supplemental Security Income (SSI) are some of these benefits that can be availed by any citizen or resident of the country who suffers from some form of disability. These programs are administered and governed by the Social Security Administration.
Features to look for when opening a checking account online

Features to look for when opening a checking account online

Opening a bank checking account online is far easier than waiting in a physical bank and waiting for the paper process to be quickly completed. Having an online checking account access is efficient as one can easily access it from any form of smart-device, be it a computer or a smartphone.
Things to know before opening an offshore bank account

Things to know before opening an offshore bank account

Offshore banking means the deposit of funds by an individual or a business in a bank that is positioned outside of their national residence. Even though the time period implies that these banks are placed on islands, many offshore banks are, in reality, located in onshore places, which include Panama, Luxembourg, and Switzerland.
Understanding savings interest rates

Understanding savings interest rates

Several books are written every year in the genre of understanding monetary business. If you want to grow your money exponentially, the basic understanding of savings interest rates is a must. Banks rates may be hard for some people to understand. But, there’s an easy formula for understanding bank savings account interest rates.
Top 10 savings accounts to choose from

Top 10 savings accounts to choose from

There are a few things a person must see before opening a savings account. The main feature being the interest rates (APY) followed by the fees the bank charges. It is also important to differentiate between a savings account and checking account depending upon your requirements. Minimum balance requirements of the bank must satisfy the income or savings you generate.
6 factors to consider while comparing savings accounts

6 factors to consider while comparing savings accounts

When opening your savings account, you must compare different savings accounts offered by banks. It is best to compare and make an informed decision instead of choosing a bank which doesn’t give proper service or returns. Here are some important parameters to consider when comparing savings accounts. Maintenance fee or no fees – The most important thing to look in a savings bank is the maintenance/annual/monthly fees.

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