Taking a mini-retirement can be an eye-opening experience unlike anything you’ve ever done. But if you don’t have a plan and you aren’t funding it adequately, it can become a disaster.
If you want to take out a 401(k) loan to pay for unexpected expenses, you need to know the risk—and there are a lot of them.
U.S. Treasury Series I Savings Bonds, or I Bonds for short, are federally backed bonds specifically designed to help Americans protect their cash from inflation. Both inflation and I Bond interest rates are around 7% right now, meaning if you have money just sitting around, buying I Bonds with it may be your best hedge against inflation.
A 401(k) is an important tool for maximizing your retirement savings. But it’s not the only one. We break down how much you should contribute to your 401(k), how much should go to other vehicles like IRAs, and how to balance retirement savings with other priorities like paying down debt.
Sure, you can trade crypto or become a CEO, but nearly half of rich Americans got rich in a much easier, more boring way. Here’s exactly what they did, step-by-step.
CD ladders allow you to benefit from the higher interest rates associated with longer-term investments, and they provide you with steady access to your money. Here are a few more reasons to consider this strategy.
The three primary ways to invest in gold are to buy physical gold bullion, gold futures, or gold stocks and ETFs. While gold can be a hedge against inflation, keep in mind that it doesn’t generate interest, and timing the market can be difficult.
Learn how to cash savings bonds and make the most out of your money with this guide for Gen Zers. Get tips on where to cash, tax implications, and more!
By learning the risks, creating an asset allocation, investing in index funds and foreign markets, and using multiple accounts, you’ll diversify your portfolio for a more stable financial future.
Giving investments as a gift is a great way to ensure that someone gets a valuable gift that could increase in value as time passes. Here’s how.