You may be familiar with the concept of portfolio diversification, and you may also be familiar with the concept of dividend investing, but do you know how dividend investing can help you create a more diversified portfolio? When you invest in dividend stocks, you benefit twice from both the dividend payment as well as appreciation […]
Why You Should Take a Multi-Asset Approach to Investing
The traditional Single-Asset Investing Strategy emphasizes purchasing one item at a time and holding it for a long time. In the 1980s, this strategy was effective, primarily because interest rates were high and assets were not correlated. But in 2016, the financial markets are displaying some markedly non-traditional features. Low Interest Rates In the 1980s, […]
Financial Mistakes Retirees can Still Make in Their Golden Years
Unbeknownst to a lot of people, some, well into their golden years, still have some financial issues when it comes to their retirement. There are still mistakes to be made, there are still some downfalls and hard times, and there are ways to navigate around those issues unscathed. We’re here today to talk about some […]
Retirement ins and outs as a Small Business Owner (updated)
As a small business owner, it’s pretty common that you’re going to be the one wearing many, many hats. While you’re busy running your business on one hand, and juggling everyday life on the other, your thoughts might rarely turn to your retirement. One thing that you might not be taking into consideration is the […]
How a Gold IRA Improves your Retirement Account
Not a whole lot of people know you can invest in gold, nonetheless, invest in gold with a gold IRA. But you can and for some retirement savers, it’s the answer they’ve been waiting for. If you’re the type that likes to invest in commodities or hard assets, then a gold IRA might have what you’re […]
What are the IRA Account Types Available?
There are a handful of IRA account types to choose from. Do you feel confident that you’re familiar with the details of those accounts? For a quick overview of each account type, keep reading. SEP IRA A Simplified Employee Pension Plan, or a SEP IRA, is a retirement plan that’s specifically designed for people with […]
Get Yourself Caught up on Retirement Savings
If you’re struggling to get that retirement savings tucked away, don’t stress. It’s unfortunately not uncommon for Americans to have trouble in this department. Or for Americans to have trouble saving at all. Whether it’s low-wages to blame or pressure to keep-up-with-the-Joneses, we’re flat out bad at it. The good news is that there are […]
Rolling Over a 401K to a Self-Directed IRA
A rollover is a transfer of funds from one retirement savings account to another retirement savings account type. The reason that you may want to rollover an account can range from dissatisfaction of the performance of your current account, a change in employment, or maybe you’ve inherited an IRA. Regardless of your reason, there are […]
Roth IRA Contribution Limits for 2019
After six years of being stuck at $5,500, the amount IRA owners can contribute to an Individual Retirement Account is being bumped up to $6,000 for 2019. The amount you can contribute to a 401K or a similar employer-sponsored retirement plan goes up from $18,500 in 2018 to $19,000 in 2019. Catch-up contribution limits if […]
Utilizing your IRA to Buy and Sell Real Estate
Self-directed IRAs are the less offered and lesser known of the IRA options. That’s simply because they’re seen as needing too much effort to utilize correctly. The truth is that self-directed IRAs aren’t as complicated as they’re made out to be. Especially if you have the right custodian who offers the services you need to […]