invest
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Hiring a Financial Planner: A Comprehensive Guide to Value, Credentials & Compensation
Sometimes, it helps to have someone knowledgeable look at your finances. There are cases in which a financial advisor can help you create a plan for the future, as well as help you stay on track with
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Roth IRA Conversion: A Comprehensive Guide for Tax Planning
A Roth IRA conversion is when you convert money from a Traditional IRA into a Roth IRA. Why would you want to convert to a Roth IRA? Because depending on your financial and tax situation, Roth IRAs ha
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Target Date Funds: A Simple Retirement Investment Strategy
One of the biggest hurdles for most investors is just starting. There is an overwhelming amount of information available, and many people are simply frozen into inaction. If you are one of the many pe
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Mortgage Payoff vs. Investing: Which is Right for You?
One of the most debated topics in personal finance is whether it makes more sense to pay your mortgage off early or invest extra cash. There are advantages and disadvantages to both options, and at th
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Master Compound Interest: How It Works & Builds Wealth
We are so used to thinking of interest as the bad guy. And for good reason. Many of us are paying interest, and when it’s compounded, we are actually paying interest on our interest. When in deb
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Coverdell ESA Plans: A Guide to Tax-Advantaged College Savings
A Coverdell Educational Savings Account (ESA) is a great way to save for your child’s college education because they offer great tax savings and you control how and where you invest your contrib
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Combat Inflation: 6 Strategies to Protect & Grow Your Wealth
Inflation is something that affects all of us; it erodes the value of your money. Indeed, when prices go up, your purchasing power goes down. When wages are stagnant (as they have been in recent years
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Stock Options Investing: Risks, Rewards & Beginner Guide
Trading stock options is one of the most profitable ways to invest in the stock market. It is also one of the riskiest strategies that could wipe out an entire portfolio in a very short amount of time
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Gold, Silver & Precious Metals: A Guide to Investing in 2024
Should you invest in gold? Gold prices have been skyrocketing as of late, which makes many people wonder if they should have gold and other precious metals in their investment portfolio. Adding some p
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401(k) Loans: A Comprehensive Guide & When to Avoid Them
A 401k plan is designed to help you save money for your retirement years. Ideally, you contribute to the plan throughout your working years, and your contributions and earnings compound until you ret
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Cash Savings vs. Retirement Savings: Which is Right for You?
Saving and investing are two different ways to prepare for the future. In my opinion, the difference between saving and investing boils down to risk tolerance and time frame. Generally, savings should
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TD Ameritrade & Scottrade Merger: What Investors Need to Know
TD Amertirade acquired Scottrade in late 2017. The merger is ongoing. This merger combines two strong brokerage firms and an extensive brick and mortar network of offices across the country. You can l
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Roth IRA Guide: Start Investing & Choose the Right Custodian
Roth IRAs offer an excellent means of diversifying your retirement investments – not only for tax reasons, but because IRAs are Individual Retirement Accounts and you control the who, what, when
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401(k) Rollover: Transferring Your Retirement Savings to an IRA
Changing jobs is always a busy time. You need to tie up loose ends at your old job, learn the ropes at your new position, maintain your professional network, and a host of other activities. One thing
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Roth IRA Rates: Understanding Investment Returns & Options
A frequent question I get asked is where to find the best Roth IRA rates. I applaud anyone seeking to improve his investment returns. Unfortunately, this is a question without a specific answer becaus
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Best Alternatives to High-Yield Savings Accounts for Higher Returns
Right now savings account rates are relatively low, which leaves a lot of people looking for a better return on their money. While many people prefer leaving their money in a standard savings account,
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Berkshire Hathaway (BRK.B) Announces Historic 50-to-1 Stock Split | Market Insights
Warren Buffett recently announced that the Class B shares of Berkshire Hathaway are going through a 50 to 1 stock split, which is the first time he has split Berkshire stock – something he has c
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Roth IRA vs. Traditional IRA for Young Investors: Which is Best?
Graduating from college and entering the “real world” is an exciting and sometimes stressful time – you start your first job and begin an independent life in all respects, including
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Vanguard 401(k) Rollover: A Step-by-Step Guide
I recently rolled over a 401k plan from my former employer-sponsored plan into a Rollover IRA at Vanguard. Rolling a 401k into an IRA is not a difficult process, but it does take a little time and pre
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Funding Retirement Accounts with Loans: Risks & Rewards for Borrowers & Lenders
I recently had one of my Prosper loans paid in full. I invested $125 with a borrower who wanted to borrow $24,000 to fully fund his SEP IRA, a retirement plan often used by small businesses and self-e
invest
- Putable Bonds: Understanding Investor Protection and Early Redemption
- Understanding Historical Volatility (HV): A Comprehensive Guide
- Margin Accounts: Investing with Leverage Explained
- Understanding Negative Carry: Risks and Strategies
- Robo Advisors: Your Guide to Automated Investing
- Q3 2018 Market Review: U.S. Stocks Surge Amid Global Trade Concerns
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Childcare Costs After the Pandemic: What to Expect & Budgeting TipsSome people may need to factor highe...
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Smart Christmas Shopping: Save Money & Stress This Holiday SeasonIt’s the most wonderful time of the year. And the most expensive. It’s that time of year when we flock to stores to knock out our Christmas shopping list. Some bloggers will tell you that the way to s...
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Current Ratio: Definition, Calculation & Financial HealthThe current ratio, also known as the working capitalNet Working CapitalNet Working Capital (NWC) is the difference between a companys current assets (net of cash) and current liabilities (net of debt)...
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Is Your Emergency Fund Adequate? 3 Warning SignsMany people don't have enough m...