Liz Weston, CFP® Before the pandemic, entrepreneurs Liz Eddy and Alyssa Ruderman were having trouble getting venture capitalists to invest in their end-of-life planning app, Lantern. Potential business partners were also skeptical. “We were hearing, ‘Oh, this is really a niche problem,’ which I think is pretty funny,” says Eddy. “Death is literally the only … Read more
(Stefon Walters) Investing doesn’t have to be difficult. In fact, it shouldn’t be difficult, it should be rewarding. Fortunately, there are things you can do to become a smarter investor that don’t require you to work harder. Here are three methods you can use to invest smarter, not harder. Image source: Getty Images. 1. Set … Read more
(Stefon Walters) Investing doesn’t have to be difficult. In fact, it shouldn’t be difficult, it should be rewarding. Fortunately, there are things you can do to become a smarter investor that don’t require you to work harder. Here are three methods you can use to invest smarter, not harder. Image source: Getty Images. 1. Set … Read more
(Stefon Walters) When it comes to retirement accounts, your top three options are the 401(k), the Roth IRA, and the traditional IRA. A 401(k) plan is the most common because it’s offered through many employers, but ideally, it shouldn’t be your only retirement account. A 401(k) is good because it contributes pre-tax money and reduces … Read more
(Stefon Walters) When it comes to retirement accounts, your top three options are the 401(k), the Roth IRA, and the traditional IRA. A 401(k) plan is the most common because it’s offered through many employers, but ideally, it shouldn’t be your only retirement account. A 401(k) is good because it contributes pre-tax money and reduces … Read more
(Daniel Foeber) In 2020, Morgan Housel released the psychology of money. I think it deserves to be on the Mount Rushmore of investing books, especially for people who believe that history and behavioral psychology are critical elements of investing. In the book, Housel has a section that describes the stock market as a field where … Read more
(Stefon Walters) Trying to decide how much money you need for save for retirement can be stressful for many people. After all, there’s no hard and fast answer to how much someone will need; different lifestyles require different amounts. To really be sure that you can live financially comfortably in retirement, you need to use … Read more
(Maurie Backman) When it comes to applying for Social Security, you have your share of options. If you wait until full retirement age (FRA) to enroll, which is 66, 67, or somewhere in between, you’ll get the full monthly benefit you’re entitled to based on your wage history. If you delay filing beyond the FRA, … Read more
(Selena Marajin) When the stock market goes down, the shares of many great companies go up for sale. The market is already noticeably down in 2022: the S&P 500, for example, was recently down 17% year-to-date. There are plenty of attractively priced stocks right now, but if there is a further market pullback, many offers … Read more
amanda muddy It’s a banner year for weddings, with industry experts at Wedding Report predicting that more than 2.5 million couples will marry, a maximum of 40 years. But your finances may not be ready to take on the costs associated with being a wedding guest. Half (50%) of Americans say they plan to attend … Read more
(KaileyHagen) Everyone wants a big Social Security check in retirement, but it’s not easy to live on your benefits alone. Most people need a nest of savings to help them cover their expenses. There are many places you can keep yours, but a Roth IRA is one of the best. Here are three reasons why … Read more
amanda muddy It’s a banner year for weddings, with industry experts at Wedding Report predicting that more than 2.5 million couples will marry, a maximum of 40 years. But your finances may not be ready to take on the costs associated with being a wedding guest. Half (50%) of Americans say they plan to attend … Read more
(Maurie Backman) I used to think that being a successful investor meant having the skills to analyze companies and buy them when the price was right. Those things are still important. But one thing I’ve learned through years of investing is that you don’t have to be a stock-picking genius to make big money. In … Read more
(James Brunley) If you are a “buy the dip” type of investor, the current pullback is a great opportunity. Although the S&P 500 (SNPINDEX: ^GSPC) Ending last week on a high note, the index is still 13% below the March high and remains 16% down for the year. And for some of these stocks, the … Read more
(Stefon Walters) Trying to decide how much money you need for save for retirement can be stressful for many people. After all, there’s no hard and fast answer to how much someone will need; different lifestyles require different amounts. To really be sure that you can live financially comfortably in retirement, you need to use … Read more
(Stefon Walters) Trying to decide how much money you need for save for retirement can be stressful for many people. After all, there’s no hard and fast answer to how much someone will need; different lifestyles require different amounts. To really be sure that you can live financially comfortably in retirement, you need to use … Read more