Mastering the Basics of Wealth Management

Whether you are living paycheck to paycheck or have a comfortable income, winning a lottery jackpot would certainly change your life. Even if you don't win, playing the lottery makes life a little more exciting, which is why some people participate in lottery pools. Joining a pool can increase the odds of winning, and it's also a fun experience to share with friends, family members, or coworkers. If you decide to enter a lottery pool, follow these fives tips to protect yourself against scams and other problems.

Stock investing isn't just for the rich: it's for everyone. If you have a retirement account, you could be directing your money into the stocks that you feel good about. But there are some stocks that have higher levels of risk and reward than others. One such type of stock is an IPO. What Is an IPO? An IPO, or Initial Public Offering, is a stock that's never been open to the public before.

Getting approved for a home loan puts you in place to finally own a piece of the rock. Living in your very own property means that you call the shots and are able to make the kinds of decisions that were not available when you had a landlord. The key to really making the opportunity worth it is to get the best terms and rates possible. It just wouldn't make sense to spend so much time working up to the approval only to find that you're not able to afford the loan that you have because the terms are outside of your budget.

Planning for retirement might not be the most exciting way to occupy your time. But since the prospects of Social Security are pretty grim, it's important to do your own retirement planning and saving to ensure there's money for you to spend when you can no longer work for a living. When it comes time to choose what investments comprise your IRA, you might be perplexed. In most cases, it's best to have a variety of investments in your portfolio -- and one of those investments should be in gold.

Whether it's fire, flood, hurricane, or earthquake, natural disasters throw a family's life into utter chaos. While you're physically picking up the pieces, don't forget to pick up the financial pieces as well. And to do so, a certified public accountant may be one of your greatest assets. Why? Here are a few ways a professional accountant can help you after a disaster loss. 1. Tax Deductions. The IRS provides tax deductions for casualty losses not covered by insurance.

Summer is here and everyone you know is heading away for vacation. If you're collecting workers compensation due to a work-related injury right now, you might be worried about jeopardizing your claim. If you're avoiding a vacation because you're worried about how it will affect your workers compensation claim, you can relax. Going on vacation is perfectly acceptable, as long as you take a few precautions. Here are four crucial steps you should take when going on vacation while collecting workers compensation.

It has been said that buying a home is the largest purchase you can make in your life and for many people, that is true. Finding the home is just a small part of the process and understanding the financial part of the process can be tough. With interest rates changing all the time and other costs added to your home's mortgage, it is important that you are clear about what you are spending and why.