Save money, invest said money and repeat. This simple investment portfolio strategy helps you earn more money and keep that money in your hands. Who wouldn't want to try out a simple strategy that helps them make more money? … [Read more...] about This Simple Investment Portfolio Will Save You Time and Make You Tons of Money
Its past new years and before tax season. That means a lot of people are thinking about how to allocate their money for retirement. You may also be considering how to build up your own nest egg. But, what is a nest egg and how do you build one? Here is a handy definition and some rules of thumb. … [Read more...] about What Is A Nest Egg and How Do You Build One?
Earlier this week the IRS released their updates to retirement plan contribution limits. The good news is everyone's favorite tax agency has increased the amount you can contribute for your 401(k), 403(b) and 457 plans. Limits generally increased from $19,000 to $19,500. Catch up contributions for workers aged 50 and over who participate in these plans increased from $6,000 to … [Read more...] about Retirement Contribution Limits Increase to $19,500 for 2020; Catch-up Limit Rises To $6,500
Akin to baskets of investments, mutual funds pool money from many individual and institutional investors to buy and sell a variety of securities. … [Read more...] about The Pros and Cons of Investing in Mutual Funds
Good morning Dinks. As the tax filing deadline quickly approaches on April 15 people all around the country are deciding if they want to contribute into their retirement accounts before the deadline and if so how much money do they need. Although I no longer work in the world of banking many of my friends still do. They are ready to rip their hair out this time of year as … [Read more...] about 3 types of clients, which one are you?
We've been watching the rise of AAPL stock (Apple, Inc.) closely. Apple announced a 7-to-1 split coming up in June, and the stock jumped 8% today! The word on the street is that AAPL is poised for record growth on solid earnings. When I initially bought AAPL in July of 2011, James was a naysayer in that he felt the stock was too expensive. We've gone round and round about … [Read more...] about Tasty AAPL
Hi All, I've been at my new position for about six weeks now - roughly three pay periods. I've been contributing the maximum to my 401k and have been getting company match. This evening I sat down and had a look at my retirement balance. It made me smile. The total is about $1,600 which is great for having contributed twice! So, if you have a retirement account, … [Read more...] about Fund that 401K
You may already know that IRA stands for Individual Retirement Arrangement (it was formerly called an Individual Retirement Account). It’s a special tax-advantaged investment vehicle that's available to the vast majority of Americans. But do you know whether a traditional or a Roth IRA is best for you? I'll explain the basic differences between the two types so you'll know … [Read more...] about The Differences Between a Traditional and Roth IRA
Are you like me? Do you experience night terrors about your parents moving in with you because they have failed to set up any kind of retirement plan? Does your spouse have to wake you in the middle of the night to assure you that your father-in-law is not in the kitchen scrambling eggs in his underwear at three in the morning? That it has all just been a bad dream? While they … [Read more...] about IRAs, Home Theaters, and Sicilian Graveyards