Uses of a Roth IRA Roth IRAs are similar to Traditional IRAs, but the main difference between the two is how they are taxed. Traditional IRA contributions are made with pre-tax dollars whereas Roth IRA contributions are made with after-tax dollars. Another major difference between the two
You’ve finally made it to retirement. You are happily sitting on a million dollars at age 65. You are healthy and looking forward to spending your golden years relaxing and doing some of the things you’ve always wanted to do but just didn’t have the time. You do have some concerns
Smart investing can overcome the power of emotion by focusing on relevant research, solid data and proven strategies. Here are principles that can help fight the urge to make emotional decisions in times of market turmoil.
Retirement is something that many people do not consider preparing for until their 30s, 40s, 50s or even later. If you are in your 20s you’re probably still trying to navigate your income, expenses, debt and how to make the most of your money, but one thing that should also be on your mind is
Robo-advisors have been heralded as the “future of investing” by their fans, but can computer algorithms really replace human financial advisors? Robo-advisors are less expensive than traditional advisors—but their low, up-front price comes with a loss in quality. Robo-advisors lack an
In January, 2009 I mailed out the postcard below offering to provide a second opinion on the investments in someone's portfolio. The markets were in the middle of the crash of 2008 and 2009 and there was a lot of concern on when the downturn was going to stop and how much worse could things
In the first half of 2018 we witnessed a flurry of economic activity. We saw everything from a return of volatility in the markets, trade tariffs, interest rate hikes, and enhanced geopolitical tensions. This video takes a look back at what's occurred so far in 2018 and where the markets may be
Every year the Federal Reserve puts banks through a series of annual "stress tests" which gauge whether banks are healthy enough to keep lending through an economic meltdown and whether they can continue with their dividend payouts and share buyback plans. This is the eight consecutive year the Fed