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Archive for: Investing

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...]

myRA: What You Need to Know About the New myRA Savings Account

If you watched President Obama’s State of the Union address a few weeks ago – or paved attention to any of the ensuring press – you may have heard about something called myRA. No, myRA is not some special healthcare plan for people with Rheumatoid … [Read more...]

Scared to Invest? Income Investing Offers a Lower Risk Approach

Living in our generation, if you want a shot at having enough money to live comfortably into old age, you need to be an investor. They say the only two certainties in life are death and taxes, but you mind as well add inflation, too. On average, … [Read more...]

The Surprising Reason Millenials Aren’t Building Wealth as Fast as We Should Be

When it comes to figuring out the financial needs of the so-called “Generation Y or Millenials, you have to take a step back and consider what good age labels are in the first place. Are all Baby Boomers narcissistic, nostalgic and selfish? Are all m … [Read more...]

Leverage in Your Portfolio: How Call Options Make Your Money Go Further

Previously we have discussed borrowing funds as a tool for leverage in order to amplify gains or take advantage of opportunities that would otherwise be missed. For this article, we'll cover the use of options both for leverage and a risk management … [Read more...]

On the Road from $0 to a Million, This Simple Pyramid is Your Map; What Level Are You On?

Proper financial planning takes into account the whole picture and not just a piece. Saving for retirement might be your current goal, but if you don't have a plan for emergencies, that goal can get derailed in a second and and kill any dreams of … [Read more...]

Growth Stocks vs Value Stocks: What’s the Difference?

First off, picking individual stocks isn't for everyone -- most new investors are well-served by a simple portfolio of mutual funds and exchange-traded funds. But owning stock in a company directly can make investing more interesting. Finding … [Read more...]

Investing in Bonds Made Easy; Why You Can’t Call Yourself an Investor Until You Understand Bonds

In investing, there are three primary asset classes: cash, stocks, and bonds. Cash is self-explanatory, and most of us have at least a basic understanding of stocks. A stock is simply a fractional ownership interest in a company. But what about … [Read more...]

61/2 Steps to Financial Stability

How do you go from being flat broke to achieving -- if not wealth -- a state of financial comfort, freedom, and security? One step at a time. But: Do you know what your next step should be? I estimate that about 80 percent of questions I get … [Read more...]