Author: Arabian Media staff

Key Takeaways Nearly 86% of people report using a budget regularly. Less than 25% said they stick to their budget. Reasons why people can’t stick to budgets include overspending, increasing expenses, debt, and unrealistic goals. Age, income, and race often play into how and whether people budget. Money is on the mind of many consumers. As many as 54% of Americans spend more than four hours a day thinking about their finances. So, it’s no surprise that consumers consider money management a priority, with more than two-thirds saying they use budgets to get through the month. However, research shows that…

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Key Takeaways Most households should aim to replace 70% to 85% of their pre-retirement pay, combining savings withdrawals with Social Security. Adjusting the mix of contributions, your claiming age, and products such as annuities lets you hit a personalized replacement target. Reaching $1 million in your 401(k) is a big milestone, but a seven‑figure balance can be a mirage. The question is whether all of your retirement resources—401(k), individual retirement account (IRA), brokerage account, cash, and Social Security—can be counted on to reliably replace enough of your paycheck to keep your lifestyle intact for decades.That percentage is called your income…

Choosing your stockbroker isn’t too different from picking a stock. It starts with knowing your investing style—and of course, determining some investment goals (beyond making money, of course). Today, you have more broker options than earlier generations ever did. But of course, a variety of choices—though welcome—can make decisions more complicated, too. Let’s look at the types of brokers out there, how they work, and how they charge, along with some all-around thoughts about questions to ask and research to do, no matter what type of financial advisor you’re considering. Retail brokers fall into two basic categories: full-service brokers and…

Key Takeaways Southwest no longer offers two free checked bags to all travel tiers.Some travelers, like A-List Preferred or Business Select members, still qualify for waived fees.New fees apply to lower fare classes like Basic, Wanna Get Away Plus, and Anytime, while higher-tier fares still include two checked bags. Southwest Airlines built its brand on letting your bags fly free. But recent changes have started to chip away at that promise. While the airline still offers some ways to avoid checked bag fees, they’re not as universal as they used to be. Here’s what travelers should know before they fly.…

To buy stocks, you’ll typically need the assistance of a stockbroker since you cannot simply call up a stock exchange and ask to buy stocks directly. When you use a stockbroker, whether a human being or an online platform, you can choose the investment that you wish to buy or sell and how the trade should be handled. In this vein, there are two broad categories of brokers to choose from: a full-service broker or an online/discount broker. Below, we discuss how you can use these options to trade stocks on your own. We’ll also talk about a third option:…

Private equity is capital made available to private companies or investors. The funds raised might be used to develop new products and technologies, expand working capital, make acquisitions, or strengthen a company’s balance sheet. Unless you are willing to put up quite a bit of cash, your choices in investing in the high-stakes world of private equity are minimal. Key Takeaways Private equity investing includes early-stage, high-risk ventures, usually in sectors such as software and healthcare. These investors try to add value to the companies they invest in by bringing in new management or selling off underperforming parts of the business,…

High-net-worth investors have adopted the strategy of allocating a portion of their equity positions to alternative asset classes, including private equity investments. Private equity firms fund established companies or startups that have significant growth potential. They also try to turn companies around or improve their profits by changing the management team or streamlining business operations. Private equity investing offers high returns that are not easily achieved through more conventional investment options. However, private equity carries a different degree of risk compared to other asset classes due to the nature of its underlying investments. Key Takeaways Private equity funding supports investment…

Investing in startup companies is a risky business. Most new companies, products, and ideas simply do not make it, so the risk of losing one’s entire investment is a real possibility. However, the ones that do make it can produce very high returns on investment. Investors in ventures that start with founders, friends, and family (FF&F) money can easily end up with nothing to show. Investing in venture capital funds diversifies some of the risks. However, the harsh reality is that 75% or more of companies funded by venture capital will not make it to the initial public offering (IPO) stage.…

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