Key Takeaway: There are options for checking your credit score without a social security number, such as using alternative forms of identification or using credit reporting agencies that do not strictly require a SSN. Credit reporting agencies such as Experian, Equifax, and TransUnion can provide credit scores without a social security number, but may require…
Key Takeaway: Analyzing financial statements is an important factor in identifying potential shares for investment. Understanding a company’s revenue, expenses, and profits are key indicators of a company’s financial health and potential for investment. Researching the company beyond the financial statements is crucial. Investigating the company’s leadership, competitive landscape, and overall market position helps to…
##Key Takeaway: Key Takeaway: Social Security Benefits are not affected by bank account ownership, but recipients must meet the eligibility and gross income limits to receive benefits. SSI recipients must not exceed income and asset limits to receive benefits. Some assets are exempt, but bank account balance is a countable resource for SSI eligibility. Managing…
Key Takeaway: Factors such as the brand, rarity, condition, and historical significance should be considered when investing in a watch. The Rolex Daytona, Patek Philippe Nautilus, Audemars Piguet Royal Oak, and Omega Speedmaster Professional are among the watches with the best investment potential. Investing in watches can be done through auctions, private dealers, and online…
Key Takeaway: Social Security Supplement is an additional retirement benefit available for eligible individuals who have reached their retirement age but have not yet claimed Social Security benefits. It is designed to provide financial support to seniors who may need additional income to cover their daily expenses. To be eligible for Social Security Supplement, applicants…
Key Takeaway: Initial investment for Lularoe varies: It costs between $5,500 and $9,000 to become a Lularoe retailer, which includes inventory, supplies, and training. However, additional costs like taxes, shipping, and marketing should also be considered. Investing in Lularoe offers flexibility and freedom: As a Lularoe retailer, you can work from home and set your…
Key Takeaway: Assess the risks and returns for investment: Before investing your pension lump sum, it is important to assess the level of risk you are willing to take and the potential returns on your investment. This will help you make an informed decision on which investment options to choose. Consider your investment options: Fixed…
Key Takeaway: An investment case is a document that outlines the rationale for an investment, including the potential benefits and risks of the investment. Developing an investment case is important because it helps investors make more informed decisions, communicate the potential of an investment to stakeholders, and evaluate the success of an investment after it…
Key Takeaways: There are two main types of pension plans: defined benefit and defined contribution. Defined benefit plans provide a specific benefit to retirees based on a formula that considers factors such as salary and years of service, while defined contribution plans allow employees to contribute a set amount and invest the funds to build…
Key Takeaway: It is important to notify Social Security of your citizenship status to ensure that your benefits are not interrupted and to avoid potential penalties for failing to report changes. US citizens are required by law to report any change in their citizenship status to the Social Security Administration within 10 days of the…
Key Takeaway: MMA investment is a low-risk investment option: Money Market Accounts (MMAs) offer low-risk investment options that provide a higher interest rate compared to savings accounts or checking accounts. It’s considered ideal for people with a low risk-appetite and who want to earn higher interest rates. MMAs provide high liquidity: MMAs allow account holders…
Key Takeaway: Government investment refers to the money that is spent by government to promote economic, social, and environmental goals. Government investment can take different forms, including infrastructure investment, education and training investment, research and development investment, and healthcare investment, each with its own benefits and impacts. Government investment is important because it helps to…