Now, there are some people who are such good savers that they will actually be taking money out of their retirement accounts in retirement at a higher tax rate than they had when they put money into those accounts. There are not very many of these people. However, if you can see yoursel...
So people who, who are very comfortable using this kind of thing are, it’s now gonna be just right in their face. That’s all I need to make their own. They need somebody in front of me in the self-checkout line, entering their social security number and their work address and ...
Most money managers think their main job is generating alpha, but they are wrong. We discuss the real "job to be done" of an investment manager.
Non-interest-bearing accounts are often a good option for people who are new to banking, such as children. They have enough services to help a new customer get acclimated to the process of banking without being too demanding. These types can also be particularly useful for customers with littl...
The 401(k)s or 529 college savings accounts are not liquid assets. They are long-term assets designed for your financial future. Unless you are 59.5 or older, withdrawing money from your 401k or IRA plans will result in 10% penalties and potential tax liabilities while losing some compounding...
And would be more likely to end up losing it! 3. Your Daily Choices Shape Your Destiny It’s not some grand event that shapes a persons destiny. People don’t make one life-altering decision that is going to change the course of their lives forever. It’s small choices every day that...
Beginners without a lot of money to invest Investors who want to be completely hands-off Robo Advisors vs Financial Advisors: Robo advisors use software to invest for you based on factors like your age, goals, and risk tolerance. This means their approach is more cookie-cutter. On the other...
If you're a hard money lender, then you also get to charge higher-than-normal rates. If you're savvy, you'll try to lend money at longer terms to lock in higher rates for longer near the end of the cycle. I'm not a fan of hard money lending because I hate it when people defa...
"And you now have President Biden also promising not to touch the programs, and a presidential race which may well focus on how people aren't going to fix Social Security and Medicare instead of how they would… to be a huge detriment of, in particular, people who depend on those program...
Greed and fear rule the market. For individual investors, the majority base their investing decisions on these two emotions and as a result, end up losing money more often then make money. But I am here to tell you how you can profit off of irrational ex