After many years of saving and investing money for retirement, this may very well be a question you never bothered to ask yourself. After all, the basic purpose of retirement planning is accumulating a sufficient amount of money so retirement can happen in the first place. You may think the question, “how should you spend […]
Investing can be a thrilling and rewarding endeavor to some but downright scary to others. Here you will find steps from getting started to bracing yourself in a stock market decline -- everything you need to properly prepare your investments.
Tax planner, financial planner, and financial advisor — what’s the difference between the three? Sometimes a lot, sometimes not much. Each of the three serves in an advisory capacity with regard to at least some, and sometimes all, of your personal financial situation. So which one is best for you and your investment situation?
Have you ever considered that being an investor should cause you to spend differently? After all, as an investor you’re naturally oriented towards preparing for the future. This should have a big impact on how you spend money. In the opposite direction, non-investors tend to live in the present, and this has an effect on […]
Once interest rates reach near zero levels (which is where they were through the early part of 2013) there’s nowhere for them to go but up. That’s exactly what they started to do last spring, particularly once the Federal Reserve began sending up smoke signals about their bond buying tapering. The good news on interest […]
Setting realistic investing expectations is the only strategy a serious investor should use to build wealth. It’s about focusing on the long-term and reacting with a level head to the market conditions. If you are a veteran investor, you are probably already aware of this, but even then you may need to be reminded. And […]
One of the keys to investing success is to set investing goals. However, there are times when you might want to rethink your investing goals. There’s no point in working toward investing goals that no longer meet your needs. Here are 4 reasons it might be time to rethink your current investing goals:
President Obama gave his 2014 State of the Union speech, and proposed a new retirement plan. The new government sponsored plan is called MyRA (a play on words for existing IRA plans) in which you invest in government bonds. Obama’s proposal is trying to target individuals who don’t have access to 401(k) retirement plans at […]