Most people have heard the ominous lines of professionals, the media and even those who know nothing about the market issue the following warning: “The market has been up for so long, the next drop is right around the corner.” They will advise by saying, “It’s time to sell; we are due for a recession.” […]
Archives for November 2017
Quick Comparison of Traditional and Roth IRAs
Traditional IRA Money is contributed before taxes, so you save on taxes now. You pay taxes when money is withdrawn during retirement. There is a 10% penalty if you make a withdraw before retirement. No taxes are paid on account earnings until retirement. No income restrictions, available to everyone. However, tax deduction is limited by […]
9 Ways To Protect Your Data Online
Use unique passwords and a password manager for storage. Always mix numbers, characters, and symbols when creating passwords. Avoid dictionary words. When using a public WiFi network, use a virtual private network (VPN). When possible, choose 2-factor identification. Retain redundant automatic backups. Use virus and malware protection on your computer. Add a passcode to your phone […]
Are Financial Advisors Still Necessary?
Financial advisors have played an important role in helping individuals meet their savings and investing goals. However, the investment environment has changed and the role of a financial advisor has never been more different. A financial advisor has a wide variety of services to offer. The most common services are investment management and investment advice. […]
Can There Be Too Many Index Fund Investors?
The index fund is all the rage in financial blogs and throughout academia, and it has been for some time. Research reports and journal articles showing that active investing doesn’t work and that markets are too efficient to allow for mispricing have pulled investors away from stock picking money managers. In addition, index funds make […]