Top 7 Financial Magazines Smart Investors Should Read
Many millionaires and successful entrepreneurs swear by reading the morning newspaper or keeping up with monthly subscriptions. If you want to stay on top of the latest financial trends, as well as getting solid, long-term insight that you can use in your financial planning efforts, reading financial magazines can be a big help.
What Are Clearing Houses and How Do They Work?
When you make a financial transaction, the last thing you want to worry about is your money not getting to the correct destination. And that’s where clearing houses come in.
How to Transfer a Brokerage Account – Without the Grief
When opening a new investing account, it often seems easier just to stick with your existing online broker — even if you’re dissatisfied with the fees or customer service. Many investors believe that transferring brokers is difficult. But it doesn’t have to be. Here’s how to transfer your account without tearing your hair out in the process.
Hidden 401(k) or 403(b) Expenses
We all know we’re supposed to be investing into tax-advantaged retirement accounts — for the good of our financial futures. The foundation of your financial future is supposed to be your 401(k) or 403(b). And, for many people, these employer-sponsored accounts are a great option that allows them to save and prepare for the future…
BUT… and this is a big “but”…
How to Successfully Invest in Real Estate With Brandon Turner
I’m not much into investing in real estate. My only real estate exposure comes from my REIT (real estate investment trust) investments. However, you don’t have to rely on REITs if you want to see success in real estate investing. You don’t even need a large chunk of capital.
William Bernstein – Why Your Best Option Is Not to Trade
When many of us think of investing, our thoughts immediately jump to the idea of picking stocks. The hope is to find the “hot tip” or get in at the “right time” in order to make a lot of money in a short period. We talk about investing as though it’s the same as stock trading when it’s not.
Inheriting a Roth IRA – Problems You Need to Know
Any time you inherit assets, it’s an appreciated windfall. However, there are times when an unexpected windfall comes with strings attached. This is the case when you inherit an IRA. The rules governing the inheritance of an IRA depend on whether you have a traditional or a Roth account and whether or not you’re the spouse of the deceased IRA owner.
How to Lay the Groundwork for a Successful Financial Future
Many of us are looking forward to a secure financial future. We strive to manage our money in a smart way, invest in savvy investments, and be mindful of our spending. We understand that a successful financial future doesn’t just arrive. You have to plan for it, starting now to lay the groundwork for security that will last for decades.
How to Simplify Your Portfolio Without Sacrificing Quality
Over time, investors find their portfolios become increasingly complicated and cluttered. I was surprised a few months ago when I looked at my situation and discovered I had several accounts with various discount brokerages. Not only that, but I had been trying a few investments here and there, resulting in overlap. I also had random assets that didn’t really fit my investing plan. My portfolio had, with very little effort on my part, become complex and bloated.
How Much Do Your Goals Really Cost?
“When it comes to goal setting, there are often costs associated with achieving those goals,” says Mike Brodsky, MBA, a financial advisor and author of the book “Incremental Improvements: Change Your Life One Small Step at a Time.” When setting goals, we don’t often think about the costs involved in making it happen. At the beginning of a new year, we are excited to move forward with our goals and often don’t think about the financial costs associated with them.