5 Tips to Maximize Your Stock Investments for Retirement

Many workers are now responsible for retirement planning because companies are eliminating pensions. Investing in the stock market can meet many retirement needs. However, a lack of knowledge about investing can hurt your stock returns. Therefore, if workers want to meet their retirement needs, they need to understand the basics of building wealth through long-term investing to maximize their stock portfolios. The first thing that you need to do to maximize your retirement savings is to focus on investing for the long-term. This means that you must not get distracted by the day-to-day movements in stock prices. If you are several years (or decades) away from retirement, don’t be concerned by short-term fluctuations in stock prices. This is because the stock market rises over the long-run, and you have many years of potential gains in the future. You can set up an account for cheap by using a cit bank promo code that we found here. Secondly, you must focus on diversification to maximize your stock portfolio. Sometimes workers hold company stock in their retirement accounts. Holding too much company stock is very risky. For example, if the company takes a financial loss, the stock could decline in value. If you hold a lot of company stock in a retirement account, speak with a financial advisor about diversifying it into other investments. Furthermore, you want to avoid holding too much of any single stock in a portfolio. Also, make sure your investments are not in a single industry either. Instead, diversify your investments across several stocks in multiple industries. One of the best ways to get instant diversification when investing is to buy mutual funds. Investing in mutual funds will protect you against single stock risk. Mutual funds are professionally managed, so investors don’t have to worry about making…

Stumble and Be Stumbled

If you are not familiar with StumbleUpon, let me just clue you in.  It’s basically a social website where readers can find new and interesting information that they may have never would have found before.  People rate each post with a thumbs up or thumbs down and have the chance to put their 2 cents in about the post. You can also use it as a bookmarking tool. And it’s free! Here’s a great post about the best noise-canceling headphone that I found through stumbleupon. I’ve been fortunate enough to get a few posts stumbled lately and it has given me a huge increase in traffic, as well as, subscribers.  It has only been in the last few weeks that I have really begun to learn and understand the whole stumbling phenomenon.  I finally downloaded the toolbar and I’m glad I did.  It has been super handy and much easier to stumble a post that doesn’t offer the stumble link otherwise. You simply click on the thumbs up to stumble a post.  If it has already been stumbled, it will turn green.  If the post hasn’t been stumbled, a box will popup with the post url and a place for you to put in your review about the post.  You can either add your own thoughts here or paste an excerpt from the post.  That’s it!  If you want to see if your site or post has been reviewed, you can find out here.  Just type in your main url or any url of your choosing.  If you have been reviewed, you will see something like this. As you can see, I typed in the url to my standmixer contest and this is what came up.  As you can see, it has been reviewed, in fact, 4 pages…

How To Heat Your Family Home Without Going Broke

Heating your family’s home can be expensive. Whether you live in an area that gets a lot of snow or simply a place that has temperature drops during the winter months, finding ways to economically heat your home is important. Many parents and families struggle to find ways to keep their homes warm without going broke. After all, you might find that your monthly utility bill is getting out of control. Fortunately, no matter where you live, there are a few ways that you can lower your heating costs this year. First off, consider getting space heaters instead of adjusting your thermostat. Space heaters use far less energy than conventional furnaces since you will only be heating a small area. A space heater can be the perfect way to keep bedrooms warm on cool nights or to warm a small apartment. Realize that it’s important to turn off your space heater when you aren’t using it and to keep it away from blankets or anything that could catch fire. You can get a small space heater at any home improvement store or at your local general store. Remember that dusty old fireplace sitting in your living room? Why not take advantage of it this year? Maybe you aren’t comfortable chopping wood or you just view your fireplace as a decorative centerpiece, but the truth is that your fireplace can offer a very inexpensive way to heat your home this winter. Instead of using your furnace to warm your living room, settle up with your family around the fireplace. You’ll find that you reduce your energy costs and minimize the amount of propane or natural gas that you use.? If you simply must use your furnace, consider comparing utility companies as a way to reduce your personal expenses. Check prices…