All Entries Tagged With: "Investing"
What is a Trust Fund?
Tweet Back in my college days I had several friends that seemed to have access to all the money in the world as they went to school. One friend in particular spent all kinds of money on off roading vehicles and modifications, and that was just one of his expensive hobbies. I was [...]
The Roth IRA: What You Should Know
Tweet You know that putting savings towards your future retirement is important, but deciding where to build your nest egg can be a bit daunting. But the Roth IRA has too many tax benefits to ignore. Confusing lingo and acronyms make it hard to choose an appropriate investing method, and trying to wade through the [...]
Investing for the Long Run
Tweet If you have a steady job or some extra cash lying around, the sound thing to do is invest it. People too often think of investing as a get rich quick scheme for people with money to invest. The truth of the matter is that long term investments pay off far more than short [...]
How Much of Your Paycheck Should You Save?
Tweet Figuring out how much money to save with each paycheck is the million dollar question. You’ll hear countless suggestions: five percent, ten percent, 100 dollars, enough to max out your IRA, and so on. While most of these suggestions are probably good ideas, they are meaningless when it comes to assessing your personal situation. [...]
Investing in Your Most Valuable Asset – Invest in Yourself
Tweet Investing in Yourself Can Yield Returns Far Greater than Any Other Investment We spend a lot of time worrying about investing and are quick to gauge how things are going by looking at quarterly statements. It’s all dollar signs — bank accounts, 401(k)s, the value of your home — these are the things we [...]
The 2 Most Important Things to Look at On Your Investment Statement
Tweet How many times have you received your quarterly 401k or IRA statement in the mail or via email and simply trashed it? How often do you open it up and glance over it only to see a bunch of numbers, but have no idea what to make of it other than finding out if [...]
Order Types for Buying or Selling Stocks
Tweet Buying or selling stock couldn’t be easier with today’s technology. Investors can go online or call an automated trading platform to instantly place a trade. But just because it’s easy, it doesn’t mean you can’t make a mistake. There are a number of different order types that can be used to help you protect losses and [...]
Considerations Before Doing a Roth IRA Conversion if You Are Using Account Assets to Pay the Taxes
Tweet Everyone loves the Roth IRA. If you read any personal finance blog, website, or listen to any financial guru they will rave about how the Roth IRA is the best thing since sliced bread. What makes this investment vehicle even better is that back in 2010 anyone could convert their Traditional IRA (therefore pre-taxed) [...]
Mutual Fund Fees for Beginners – Loads, Expense Ratios, and Share Classes
Tweet Mutual funds are one of the most common investment tools for the average investor. You’ll find them in your 401(k) plan, in your IRA, and everywhere in-between. Mutual funds are popular for good reason. They provide instant diversification without requiring a lot of money. Instead of having to pick all of the individual stocks [...]
6 Funds To Hedge Against a Recession
Tweet The word recession has investors searching for safe investments until the market rebounds. Just take a look at how the market has reacted recently. Investors want the maximum yield with the least risk involved. Luckily, options are available for investors to weather the storm until the economy improves. Mutual or index funds are a [...]
Using Morningstar’s Mutual Fund Comparison Tool to Compare Funds
Tweet Morningstar is great, and it is one of my favorite investing research sites out there. They have a ton of tools available for researching stocks, mutual funds, and now options. While some of these tools do require a premium membership, there are plenty of great tools that are free and available to everyone. You [...]
ETFs vs. Mutual Funds: Which One is Right for You?
Tweet ETFs and Mutual Funds Both Have Advantages – Find Out Which One is Best For You Lately I’ve received a few questions from readers asking about the difference between an ETF and an index or mutual fund, and which one is better. Well, as with almost all things, there are pros and cons to [...]
How To Start Investing With Very Little Money
Tweet You Can Begin Investing Today With as Little as Five Dollars If you have survived the economic downturn, you may be happy just to be paying your bills on time. Investing for your future might not even be on your radar and many folks assume that if they do not have large amounts they [...]
Avoid Financial Paralysis by Analysis
Tweet Let me guess. You want to do something to better your financial situation, but you haven’t taken action yet because you’re still researching your options? You are not alone. When it comes to money, we are notoriously meticulous and want to make sure we’re making the right decision. It only makes sense because we’ve [...]
Investing Made Easy With Betterment – Plus a $25 Bonus
Tweet Do you know what prevents most people from getting started with investing? The fear of choosing the wrong investment. This fear delays the decision to get started for weeks, months, and often even years. After all, when it comes to your hard-earned money, the last thing you want to do is see it vanish [...]
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