If you want to begin investing and you don’t know where to start, you may want to take a look at this. Today’s article discusses books for rookie investors looking for reading material. Here’s what they had to say, “Investing for beginners means making beginner’s mistakes. But by educating yourself beforehand, you can hopefully keep the financial pain to a…
Here’s a great retirement article with a timeline to help guide you in making the best decisions for your retirement. The timeline starts at 50 and explains that while you are still working you should, “begin making catch-up contributions to your retirement accounts. The annual catch-up contribution for an Individual Retirement Account is $1,000 on top of the base $5,500…
Even if you aren’t saving as much for retirement as you think you should or would like to, there’s no need to panic. Today’s article discusses six ways people who save less for retirement can still do it. Here’s one,”Some people believe that their home is their retirement investment. However, downsizing before retirement not only provides savings from the sale…
Technology may be at it again. It seems like technology is always bringing change and it’s usually in a big way and now it may be changing the way we invest. According to today’s article, people are, “… going to Google (GOOGL, Tech30) to find things tied to hot tech trends like seed funding and startups. In fact, there are…
Here’s a shocking statistic from this week’s article, “With U.S. stocks at records and many commentators saying they’re overpriced, American investors are diversifying into cheaper international stocks. Investors have pulled a net $6.3 billion from U.S. stock funds this year, according to Investment Company Institute (ICI) data, while putting $60.5 billion in foreign stock funds.” Today’s article explains why Americans…
What can you do when you are ready to retire but your partner is not. Have you and your spouse discussed this? It’s a more common problem than you’d think and today’s article explains what can be done to help. Here are some statistics from the article, “A survey commissioned by the company found that 42% of couples ages 50…
Today, we’re looking at an article that has composed a list of nine stocks that you may want to stay away from. Here’s how the stocks qualified to make the cut, “to make the list, the stock need to get a “strong sell” or “sell” rating from S&P Capital IQ, a “very dangerous” or “dangerous” rating from New Constructs and…
Are you using your 401k to your advantage? If not, there’s no better time than to start now! According to today’s article, Americans who take advantage of their 401ks will be more prepared when retirement comes. Here’s a quote from the article, “…those individuals who have a workplace-based retirement plan, on average, 35 percent of their retirement income should come…
Today’s article takes a look at the market and describes what happened last week. “U.S. stocks rebounded significantly after a sharp sell-off Thursday. The Dow rose 123 points and ended the week up by 0.9%. The S&P 500 moved 1% higher Friday and closed out the week with a nice gain of half a percentage point. The Nasdaq bounced around…
According to today’s article, the Millennial generation may not be so doomed after all. Here’s what the author had to say, “…it turns out, twenty-something savers who managed to land jobs (some 74% of this age group) are doing even better than you might have thought—and they’ve built a huge head start toward retirement security.” To read more, CLICK HERE.