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...]

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...]

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...]

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...]