Home Buying, Retirement and Investing Expert
Rebecca Lake is a retirement, investing and estate planning expert who has been writing about personal finance for a decade. Her expertise in the finance niche also extends to home buying, credit cards, banking and small business. She's worked directly with several major financial and insurance brands, including Citibank, Discover and AIG and her writing has appeared online at U.S. News and World Report, CreditCards.com and Investopedia. Rebecca is a graduate of the University of South Carolina and she also attended Charleston Southern University as a graduate student. Originally from central Virginia, she now lives on the North Carolina coast along with her two children.
Posts by Rebecca Lake:
Pay off student loans or invest? It’s an important question to consider as the answer can shape your financial future. On one hand, throwing all of your extra money at student loan debt can help you relieve that burden faster. But waiting to invest could cost you precious time – as well as potential earnings – if you’re missing out on the power of compounding interest. Understanding your financial situation as it is now and what you’d like it to be, based on your goals, can help you decide how to best approach the pay off debt vs. invest debate. Be sure to consult with a financial advisor about the best way to handle the pay-off-debt-or-invest question. Read more
Trading options, which are a type of derivative security, may appeal to investors who are comfortable taking on more risk for the potential to earn higher returns. It’s helpful to understand certain options trading terminology before diving in, including the difference between American and European style options. The two share some similarities but they differ when it comes to when options can be exercised. If you’re interested in options trading, comparing American vs. European options can help with deciding which ones to trade. Deciding which types of options to trade is best done with the insights and guidance of a financial advisor. Read more
Elder financial abuse is a broad term that describes the theft, fraud or otherwise misuse of an elderly person’s assets. Seniors can be targeted for fraud scammers but it can also happen within a caregiving or family setting. Elder financial abuse is problematic for victims as it can deprive them of much-needed resources to meet daily living expenses or pay for larger expenses, such as long-term care. Building some protections into your estate plan can help to insulate your assets against this type of financial abuse. A financial advisor can help you take prudent steps to limit your vulnerability to elder financial abuse. Read more
Connecting with prospective clients in the digital age means having a strong online presence. That includes being visible on social media, maintaining a professional website and creating engaging… Read more