The secret sauce for wealth-building If you’re looking to build wealth and hit financial independence quickly, reinvesting stock dividends might just be your new best friend. Think of it like this: instead of cashing out those dividend payouts from your investments,...
The mechanics of actually making an investment. Okay, so you got a great investment recommendation (probably from Firreo) and you’re all excited to go do it. But then you realize, “I have no idea how to actually make an investment.” Don’t worry, we got you. You’re...
This is important stuff. Don’t put all your eggs in one basket. One goes up, the other goes down. Variety is the spice of life. These are all a way to think about diversification, that magic word that every investor should cement into their vernacular. Diversification...
Clearing up the confusion. People use the term “stock market” all the time, praising it when their investments are doing well and blaming it when things go wrong. But what actually is the stock market? Is it some mystical place where people yell “buy!” and “sell!” at...
The short answer: probably not. Crypto is perhaps the most hotly contested term in modern finance. At its most basic level, crypto is a digital form of currency (i.e. money). Then we add a bunch of nerdy jargon to it, blockchain and cryptography and other things that...
Let’s be real about real estate. You probably know someone that has invested in real estate, and if you’re curious about it yourself, we’re here to help you learn a bit more. There are numerous ways to invest in real estate, all of which are distinct in their own...
Why it’s important for you. Yet another extravagant term that gets tossed around in the financial world is "risk tolerance". Fancy words don’t impress us much and we prefer to use more relatable language here at Firreo. Let’s dig into what the pretentious Wall Street...
… but only at the right time. What if we told you there’s an investment where you get a guaranteed return on your money with zero risk? If you said “no way, that’s fake”, great job on your skepticism. But it turns out this is a rare exception and actually a real...
… and risks. Not gonna lie: the amount of investment options out there today is totally overwhelming. Figuring out where you should invest, how much, if the timing is right, who can help you, all of this can be a daunting task. In this article, we’re going to...