If you’ve read about mutual fund investing, or perhaps discussed it with someone knowledgeable on the subject, the topic of fees and expenses most likely came up in the conversation. For someone who isn’t a financial advisor or broker, mutual fund fees and expenses can be quite a confusing subject. How do you know when […]
How Do I Choose A Mutual Fund?
How do you choose a mutual fund? But first, is it time for you to start investing? You may be asking the question – should invest while you’re still in debt? Or, perhaps – what is enough emergency savings before investing? These can be challenging questions to answer, but in general, you should invest as […]
How To Mitigate Retirement Investment Risk
I recently received a financial advertisement in the mail that mentioned some retirement investment risks I thought were pretty good to keep in mind. Along with each were some practical tips in mitigating the risks, or ways to make them less severe. Before discussing a few of these risks, lets first look at the nature […]
Should You Convert Non-Deductible IRA Contributions To A Roth IRA?
Oh what a great year for debate on Roth IRA’s and Roth IRA Conversions! Roth IRAs are a great tool for building up retirement savings, but some things have changed for conversions. 2010 has ushered in some new Roth IRA rules -here’s what you need to know about the 2010 Roth conversions. I recently received […]
Lending Club Offers Good Returns If You Invest Wisely
Getting a good return with your Lending Club account is possible as long as you properly vet the people you borrow to, you diversify your investments, and you cut your losses by selling your notes when a hint of trouble arises.
How To Learn Investing Without A Formal Education
There’s no doubt we live in the information age. I’ve heard it said that the average American consumes several gigabytes of information a day. With all of this knowledge at our fingertips, it can be difficult to find solutions when everyone is pointing in a different direction. Learning to invest can be a difficult process […]
3 Things To Remember About Roth IRAs
There’s been a lot of talk about Roth IRAs this year. Some folks still aren’t sold on them – and of course no one particular investment vehicle is right for everyone. But, for the right person, the Roth IRA is a great way to save some additional cash for retirement! Here’s three important things to […]
Open A SEP IRA: Rules And Contribution Limits
If you’re a self employed person or are looking at taking the plunge and becoming an entrepreneur, one thing you have to consider is how you will save for retirement. Since you won’t have the option of a 401k, there are several other retirement account type options that you will want to think about using. […]
6 Advantages Of Automatic Saving And Investing
What The Government Can Teach You About Personal Finances When it comes to the government and money there are a lot of diverse opinions. No matter what you think about the government’s fiscal responsibility, one thing is for certain. Many Americans could learn at least one lesson from the government that will transform their personal […]
2010 Roth IRA Conversion Rules
Over the past week we’ve been writing quite a bit about retirement accounts, which ones are better for different situations, and talking about what the Roth IRA contribution limits are. Now I want to talk about another hot topic in retirement accounts, the 2010 Roth IRA conversion. In case you haven’t heard all the buzz, […]
Traditional And Roth IRA Contribution Limits And Phase Outs
Traditional and Roth IRA accounts are subject to contribution limits, which change from year to year. In addition the contribution limits phase out for certain higher income earners. Find details here.
Lending Club Signup Bonus: Cash Bonus For New Investor Accounts Equals Free Money!
Lending club is offering a signup bonus for the month of December of $64.62, one of their best bonuses ever. To get the bonus click on our link, fill out your information and link your bank account. You should have your bonus cash in no time! Next? Start earning big returns on your money!
Buy And Hold Investing For Beginners
When it comes to investing, there two distinctive strategies. The first is the buy and hold approach. The second is timing the market. Simply put, buy and hold investors keep buying (stocks, mutual funds, ETFS …) no matter what is happening to the market and hold those investments regardless of market conditions. This is typically […]
What Is A Roth IRA And What Are The Benefits?
The Roth IRA (and its cousin, the Roth 401k) are getting press lately and with good reason. There is a fear that taxes will need to rise over time and we will all find ourselves retiring in a higher tax bracket than we are in today. Let’s first take a step back to understand what […]