You’ve probably seen them available within your 401K. These days almost every big financial institution has their own version of the Target Date Fund (TDF). They are simple to implement. If you are planning to retire in say, the year 2028, then you invest in a Target...
When we’re saving for our retirement the last thing we want is to get to age 50 and realize we’ve been behind for decades! It’s very useful to know if we are “on track” or if we need to start seriously reevaluating our current lifestyle and future goals. The internet...
Health Savings Accounts (HSAs) are used in conjunction with High Deductible Health Plans (HDHPs). These types of plans work best for individuals and families that are relatively healthy and spend very little from their HSA. But if you do need to use yours to pay for...
At present, home mortgages are available with very little down payment required. A Federal Housing Administration (FHA) loan will take as little as 3.5% down. But you can get a much better mortgage interest rate with a larger down payment. What should you do with the...
In a previous post, I reflected on some of the key differences between traders and investors. Investors are in it for the long-term, holding investments for years or decades. In contrast, traders take advantage of short-term market moves to buy and sell stock (or...
I consider myself both a trader and an investor. Most traders are also investors, but not all investors are traders. An investor puts money in the market for the long-term, and other than adding or rebalancing, may not buy or sell anything for decades A trader takes...
We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it.Ok
