I see a credit card as a tool meant to elevate you. A tool that will put you in a position to qualify for any loan product you may want in the future. A credit card is a great tool when used correctly, but when it is used incorrectly, it can deflate you and put you in a financial position that can be difficult to get out of. When it comes to the five common credit card mistakes to avoid, they are as followed:

1. Only Making Minimum Payments

2. Missing a Payment

3. Not Reviewing Your Billing Statement

4…

According to the World Economic Forum, since 2000, at least half of the world’s fastest-growing economies have been in Africa. That includes countries such as Nigeria, Ethiopia, the Democratic Republic of Congo, Egypt, Tanzania, Kenya, and South Africa. Additionally, by 2030, Africa will be home to 1.7 billion people, whose combined consumer and business spending will total $6.7 trillion. Gaining exposure to publicly traded companies in Africa can be slightly difficult. Thanks to two well-performing ETFs, you can have the chance to easily gain exposure to the expected growth over the next decade for economies across Africa. Those two ETFs…

If a margin call ever occurs for you, that means you were extremely overleveraged and have not properly calculated your risk management. A margin call occurs when an investor’s margin account falls below a broker’s minimum required amount for their account. A margin account is a type of account in which an investor can borrow money from their broker to buy securities such as stocks and ETFs. In further breaking down the meaning of a margin call, the following two points will help to simplify it further:

1. Maintenance Margin

2. Force of Sale of Securities If Maintenance Margin Is…

With Joe Biden announcing a $2 trillion infrastructure and jobs package to help reshape America and prepare it for a cleaner energy-orientated future, you have to consider how you can potentially gain exposure to infrastructure as an investor. It is important to note that at this stage, this is only an announcement. There is no official plan or implementation of the $2 trillion infrastructure and jobs package yet. With that being said, infrastructure in the United States is falling apart. Roads, bridges, schools, hospitals, and public utilities will all need major renovations and upgrades over the next few decades. When…

Investing is not risk-free. Future returns are not guaranteed. That is why it is important to consider risk management. What is risk management? In the investment world, risk management is the process of identifying, analyzing, and mitigating uncertainty. When it comes to assessing your risk management so that you can build the best portfolio possible for yourself, the following are three important points to consider:

1. Pinpoint the Potential Risk

2. Quantify the Risk

3. Select How You Will Reduce the Risk

1. Pinpoint the Potential Risk

Understanding and narrowing down on the potential risk in an investment opportunity is…

Clean energy is now. According to research by Research and Markets, the Global Clean Energy Market was valued at $788.36 million in 2019. It is projected to reach $1,299.74 billion by 2027, growing at a CAGR of 13% from 2020 to 2027. Clean Energy has become an important segment. Its significance will continue to grow as more countries continue to shift towards clean energy sources as the fight towards climate change and air pollution continues. …

If you do not travel much but plan to take a couple of trips this summer, it may be time to consider a travel credit card. A no annual fee travel credit card, to be specific. Travel credit cards with annual fees offer multiple incentives, awards, and bonuses, but if you do not take many trips often, travel credit cards with annual fees may not be the right type of travel credit card for you. The following three travel credit cards with no annual fee may be of interest to you:

1. Bank of America Travel Rewards Credit Card

2…

You have established your investment strategy. You have set your plan, created your goals, and determined your asset allocation. You then experience your first-ever stock market correction, and you start questioning your investment strategy. You start looking to Instagram and YouTube to see what other people are doing. You decide to sell some of your holdings and deviate from your strategy to match what other people are doing. Three months from now, you start to lose more money because your new holdings are still in the red while your original holdings are back in the green. I would like you…