Though there can be no guarantee that any investment strategy will be successful and all investing involves risk, including the possible loss of principal, here are six basic principles that may help you invest more successfully.
IRA owners who are over 70 ½ and are charitably inclined may want to consider a QCD. This strategy can have tax advantages and will satisfy all or part of the account’s required minimum distribution (RMD).
A financial ally, sometimes called a financial advocate, is someone who assists you in managing your financial responsibilities. Financial allies can run interference on other potential problems – such as suspected scams - as well.
Typically, when financial advisors or pundits talk about investment risk, their focus is on the historical price volatility of an asset or investment.
What should you do with your 401(k) when you retire? Broadly speaking, you have two tax-smart options: stay in your plan or move the money to an individual retirement account (IRA).
If you were diligent in saving for college but now have unused funds, there are a number of ways you can use the money with little to no tax consequences.
Investment planning is one part of financial planning. It involves portfolio construction, selection of investments, monitoring, rebalancing, and trading. It is the merging of investments with financial planning.
Saving for retirement? Rather than take a scattershot approach, save methodically, using a road map known as the retirement savings waterfall, or the retirement savings hierarchy. It can show you which steps to take, the order in which to take them, and how you may benefit.
Home prices in my area have been booming. Why is this happening, and do you expect it will continue?
