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No, Medicare doesnt cover senior citizen assisted living. Medicare primarily covers four types of insurances for old age citizens. They are divided under parts A, B, C and D, and they cover hospital insurance, medical insurance, medical advantage, and prescription coverage, respectively. It doesnt cover the living cost, but it can cover the skilled

It is often asked how both the assisted living conditions differ, but there is a significant reason that both are different. While in case of senior assisted living apartments, an individual is likely to get skilled nursing assistance from a specialized nurse or therapist. But on the other hand, in a nursing home, an individual is likely to receive

One of the main reasons new investors lose money is because they chase after unrealistic rates of return on their investments, whether they are buying stocks, bonds, mutual funds or real estate. This happens due to a lack of experience. 1)Bonds? Historically, good, quality bonds tend to return 2% to 4% after inflation in normal circumstances. The r

Bonds are rated according to their risk of default by independent credit rating agencies such as Moody's, Standard & Poor's and Fitch. Those with lower ratings have higher risks associated with them that investors should consider. Due to increased risks, these bonds typically carry higher coupon rates. Issuers, such as consumers with less than

You've got money, maybe not a lot but some and you are finding ways to maximize them by investing. For beginners, here are some tips to start your investment: 1.  Speak to someone who has the knowledge - whether you should open up a tax-savings account (TFSA) or invest in your registered retirement savings plan (RRSP). 2. Laying wager on your mo

There is one golden rule of investing that you should always follow:Never invest money you cannot afford to lose. Investing is not saving; investing is the process of putting your money to work making even more money for you. So you should find ways to maximize your money and make informed decisions.