If it is about deciding what cereal box I should buy, what I decide has little consequence. But indecision when it comes to money matters can prove… well, expensive! Thankfully, some decisions aren’t that hard! I’d like to invest in the stock market, but don’t know which stock to buy! Is Coca Cola better than [...]
I see similar questions being asked in investing forums all the time. Heck, at one point in my life, I pondered over this too! If you can afford to set aside just $100 every month towards investing, the most common advice given is not to invest at all, but save up till you have a [...]
If you happen to have a windfall – inheritance, winning the lottery or a large tax refund, is it better to invest it all at once or spread it out over a period of time? This is one of those questions that does not have a straight answer, and depending on who you ask, you [...]
Managed a 10% return last year? Not good enough – the S&P returned 12%! Beating the market is all the rage these days (and has always been at Wall Street). Take the ad for any actively managed mutual fund, the benchmark is not whether the fund made money for you, but whether they beat the [...]
Want a solid retirement plan but don’t want to spend too much time setting up one? You are not alone! Millions of Americans are ill-prepared for their retirement and without a plan. Don’t wait till it is too late.
The Five Minute Retirement Plan might just be your answer!
Royalty trusts are a great way to add income to your portfolio. The fact that you can reduce the taxable portion of your ‘royalties’ by factoring in administrative expenses and depletion is an added bonus. The downside is you have to calculate those expenses yourself based on the Tax preparation booklet Royalty trusts will send [...]
If I were to pick stocks just for 2012, I would be speculating. I prefer stocks for the long term. My top picks for the coming year is not just for 2012, I would like to hold on to most of it even if the returns are less than spectacular. These companies have weathered disappointing [...]
This is an ad from T.Rowe Price promoting their retirement funds. But ads like these are all too common in the mutual fund industry. Open any business or investing magazine and you’ll find all sorts of metrics based around Lipper. Lipper ranks, Lipper leaders, Lipper indexes, Lipper Fund Awards… But then what do they mean [...]
On an average, a person will switch about 9 jobs during his working career. If he was lucky and smart, he probably enrolled in 401K plans when available. Now, if he didn’t bother consolidating his 401Ks, that’ll be 9 different accounts to remember at the time of retirement! When you decide to leave a company, [...]
Buying a home can be an exciting and a stressful time. If this is your first time buying a home, be prepared for a deluge of information, advice and opinions. And don’t let your real estate agent or your banker make the most important decision of them all – your mortgage. You know your financial [...]