by Doug Stevenson Bowdoinham Maine | Mar 26, 2025 | Doug Stevenson Bowdoinham Maine, Finance
Investing is one of the most effective ways to build wealth over time, but choosing the right approach can be challenging. Two primary investment strategies dominate the financial world: passive and active investing. Each has its advantages and drawbacks, and the best...
by Doug Stevenson Bowdoinham Maine | Mar 26, 2025 | Doug Stevenson Bowdoinham Maine, Finance
Money is more than just numbers in a bank account—it’s deeply tied to our emotions, experiences, and beliefs. While financial decisions should ideally be based on logic, emotions often play a significant role in how we save, spend, and invest. Understanding the...
by Doug Stevenson Bowdoinham Maine | Feb 20, 2025 | Doug Stevenson Bowdoinham Maine, Finance
Financial decisions often involve a delicate balance between risk and reward. While high-risk investments can lead to significant returns, they also come with the possibility of substantial losses. On the other hand, playing it safe might protect your assets but could...
by Doug Stevenson Bowdoinham Maine | Feb 20, 2025 | Doug Stevenson Bowdoinham Maine, Finance
Many people use the terms “financial freedom” and “financial independence” interchangeably, but they are not the same. While both concepts revolve around having control over your finances and reducing financial stress, they have distinct...
by Doug Stevenson Bowdoinham Maine | Jan 28, 2025 | Doug Stevenson Bowdoinham Maine, Finance
Sustainable investing is no longer just a trend; it has become a critical approach for investors looking to align their financial goals with environmental and social values. This strategy, often referred to as Environmental, Social, and Governance (ESG) investing,...
by Doug Stevenson Bowdoinham Maine | Jan 28, 2025 | Doug Stevenson Bowdoinham Maine, Finance
Credit cards offer a wealth of benefits, from convenience to rewards programs, but they also come with a major caveat: interest rates. Striking the right balance between earning rewards and managing interest rates is crucial to maximizing the value of your credit card...
