In early September, the Federal Reserve cut its benchmark interest rate by 50 basis points. At that time, many expected both long-term and short-term bond rates to universally decline. With this in mind, I purchased $3,000 worth of 20-year U.S. Treasury bonds. Based on the information I had gathered before the rate cut, it was …
Someone said compounding is the eighth wonder of the world, and I believe this is truly the case. I remember when I was in elementary school, a classmate asked me if I would choose to take $100 or choose $1 and have it double 10 times. As a kid, I chose the $100, thinking it …
When it comes to investing, two major approaches are commonly employed: real estate and the stock market. Real estate generates ongoing income through rental payments and lease agreements. Unlike certain investments relying solely on appreciation, real estate can be utilized to generate consistent cash flow, making it a tangible and income-generating asset contributing to your …
Real Estate vs. Stock Market Which Investment Is Right for You Read More »
As we approach the end of 2023, it’s time to reflect on the past year and summarize my activities. In 2023, I opened a few new credit cards to enhance the return on my funds and prepare for upcoming travels at the end of this year and into the next. Here’s a list of credit …
Maximizing Rewards: A Year of my Credit Card Moves Unveiled! Read More »
As of September 2023, the 10-year treasury rate is indeed above 4.7%, marking its highest level in about two decades. This rise in interest rates has drawn interest from investors, attracted by the higher yields offered by bonds. However, it’s crucial to understand that investing in bonds can carry risks, and these risks can become …