MoneyUnder30.com
MoneyUnder30.com

Archive for: Investing

Be a Smarter Investor: The Best Investments to Make When Markets Waver Between Up and Down

If you've passed Investing 101, you understand the principal of buying low and selling high. When markets start low and trend up, you want to buy until the price becomes too rich, when you sell. If you're content with passive, long-term investing, … [Read more...]

23 Things Beginners Absolutely Must Know About Saving For Retirement

If you're reading this, good for you. It means that you're at least willing to admit that you should get around to doing something about saving for retirement. Ugh. I know. There's nothing fun about this. Saving hurts, for one. And retirement … [Read more...]

Want a Quick Win? Here’s an Easy Way to be Smarter With Your Money than the Average American

With tax time around the corner, it’s all about time: time to organize and crunch the receipts, squeeze in a meeting with an accountant, or perhaps even wait by the mailbox for a refund. (May you be so fortunate.) And when tax time is done, most o … [Read more...]

Got Side Income? Pay Fewer Taxes and Juice Your Savings at the Same Time

Comedian Jay Leno is a master of the side hustle. Jay has said “I live on the money I make as a comedian, and I put all the TV money in the bank.” For years, we all knew Jay as the host of Tonight Show, but to him, that was his side gig! He knew th … [Read more...]

How Does the Federal Reserve Affect Your Portfolio? The New Investor’s Guide to Monetary Policy

Why are financial reporters obsessed with the Federal Reserve? How can a bunch of stodgy old economists be so interesting? Well, to be honest, they're not all that interesting. It's just that what they say and do can have broad influence on the … [Read more...]

5 Penalty-Free Early IRA Withdrawal Options

An individual retirement account (IRA) provides tax incentives to save this year's income and not touch it until you retire. But what if you have an emergency and need money today. Are their ways to take a penalty-free early IRA withdrawal? The … [Read more...]

This Simple Nugget of Investing Advice is Timeless; Do You Follow It?

It's some of the most common advice for investors seeking fortunes on Wall Street: "Invest in what you know". The idea was coined by famed investor Peter Lynch and remains one of the most widely espoused mantras by both Wall Street pros and … [Read more...]

Stop! Don’t Do Your Taxes Until You Read This: The Best Tax Software Compared

The good news for those who haven't filed their 2013 taxes yet is that there’s still plenty of time—about a month and a half—to meet or beat the April 15 deadline. But with taxes, it’s too often a matter of procrastination: Wait long enough, and that … [Read more...]

Avoid These Investments at All Costs!

You see these ads all the time: "This stock could go up 1,000 percent in the next week!" or "I made millions trading currencies and you can too!" If you get sucked in, your heart starts racing and you start to imagine the thrill of a quick win -- … [Read more...]

The Roth IRA: A Saver’s Best Friend

Ready to start investing on your own? Then a Roth IRA is the first place to look. Jump to: Roth IRA Contribution Limits Roth IRA Income Limits Before I took a job at SmartMoney Magazine, terms like 401(k), Traditional IRA, and Roth IRA … [Read more...]