MoneyUnder30.com

Archive for: Investing

How To Start Saving For Your Kids’ Education (Plus: The Biggest Mistake Parents Make Saving For College)

How to start saving for your kids' college education without sacrificing your own future.

How to start saving for your kids’ college while avoiding one very common — and financially detrimental — mistake.

End Your Fear of Investing

Get over your fear of investing.

Investing is the key to building wealth, yet many let fear hold them back from buying a single stock. Three no-nonsense reasons to get over your fear and why you should start investing today.

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

How to invest in sideways markets: Be a playmaker.

It’s easy enough to buy low and sell high when the stock market rallies and dips. But how do you profit as an investor when the market is sideways? Learn the pro tactics to find investment opportunities even in the most boring of markets.

23 Things Beginners Absolutely Must Know About Saving For Retirement

23 things beginners need to know about saving for retirement.

Saving for your future doesn’t have to suck. Here’s how to decipher the alphabet soup of retirement accounts and motivate yourself to start investing today.

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

Americans spend more time shopping for TVs than their IRA.

Warning: You may be embarrassed to be associated with the “average American” after seeing the results of this recent study. Find out if you’re guilty, too.

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

The Federal Reserve: A Beginner's Guide to Monetary Policy

When the Federal Reserve (“the Fed”) speaks, Wall Street scrambles. Here’s a high-level guide to how the Fed influences monetary policy and what it means for your investments.

5 Penalty-Free Early IRA Withdrawal Options

Options for penalty-free IRA withdrawals.

Tapping an IRA for cash typically carries a 10 percent penalty tax. Although it’s always a last resort to cash out retirement funds, there are at least five circumstances in which you can make penalty-free early IRA withdrawals.

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

The Best Investing Advice: Invest in What You Know

Peter Lynch, Warren Buffet and Jim Cramer all dispense variations of this same simple investing advice. Learn what it is and how to apply it to your portfolio.

Avoid These Investments At All Costs!

Why you should never invest in forex or penny stocks. Photo: flickr.com/photos/kiwi2/

You never — never — want to invest in the two investments we discuss here. If somebody tries to sell you on these investments, they’re the only one profiting. And if your friends are investing, they’re rolling the dice no differently than if they were at a craps table.

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

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In President Obama’s 2013 State of the Union Address, he unveiled plans for myRA: A new retirement savings account that is supposed to make it simple and affordable for young workers to set aside a few dollars for retirement. How does myRA work? What’s different? And can myRA be used as a safe place for short-term savings, too?