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FAQ'S
What is the best way to start investing?
Start by setting clear goals, understanding your risk tolerance, and considering diversified investments like mutual funds or ETFs.
What’s the difference between saving and investing?
Saving is setting aside money for short-term goals or emergencies, while investing aims for long-term growth by putting money into assets like stocks or bonds.
What is a stock?
A stock represents partial ownership in a company. When you buy stocks, you invest in that company’s growth and profits.
What’s the best way to manage debt?
Prioritize high-interest debt, make consistent payments, and consider debt consolidation if needed.
Latest News
In September 2024, the Federal Reserve cut interest rates by 0.5% to stimulate the economy, which has eased borrowing costs for mortgages and loans. Meanwhile, inflation is at its lowest since 2021, and economists expect more rate reductions. However, rising consumer debt, especially in credit cards, poses a financial risk.
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