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February 11, 2025
By
The Admiral Staff
The article discusses the likelihood of a stock market crash in 2025 and provides advice on how to prepare. While crashes are inevitable and historically followed by recovery, the current economic climate makes predicting market behavior difficult. The article recommends building an emergency fund, practicing dollar-cost averaging, limiting individual stock investments, reevaluating risky investments, and potentially planning to invest more during a crash. Ultimately, it advises against panic-selling and encourages a long-term, patient approach to investing. It
February 9, 2025
By
The Admiral Staff
Self-employed individuals, freelancers, and gig workers often lack traditional employee benefits and retirement plans, leaving them responsible for their own retirement savings. The article outlines two main types of retirement accounts: defined benefit plans (like pensions) and defined contribution plans (like 401(k)s). For the self-employed, viable options include the Individual Retirement Arrangement (IRA), Roth IRA, Solo 401(k), SEP-IRA, and SIMPLE IRA, each with different contribution limits
January 31, 2025
By
The Admiral Staff
Compound Banc is an app aiming to make investing accessible to everyone by offering real estate bonds with a fixed 7% APY, starting with just a $10 investment. Unlike traditional stock or crypto markets, Compound Banc invests in stable real assets, and offers features like automated savings and round-up investing, with no fees and flexible withdrawal options.
January 28, 2025
By
The Admiral Staff
Rising HOA fees are a common frustration for homeowners, with roughly 74 million U.S. residents belonging to an HOA. Increases are often driven by depleted reserve funds, rising costs for services like landscaping and pool maintenance, and homeowner complaints requiring repairs. Homeowners can review their HOA’s covenants, conditions, and restrictions (CC&Rs) for limitations on increases, check local laws, communicate with the HOA board, or consider selling if the situation becomes untenable. Proactive steps like budgeting for
January 21, 2025
By
The Admiral Staff
To attract buyers in a high-interest rate market, homeowners can make impactful updates for under $200 by focusing on DIY projects. Key improvements include a fresh coat of neutral paint, landscaping updates, a deep clean, and simple repairs. Homeowners can also consider updating lighting, regrouting tiles, pressure washing the exterior, and staging the home by decluttering and depersonalizing. Additionally, the article suggests ways to earn extra money through surveys and online tasks to help fund these renovations.
