People look to retirement accounts for survival in their old age. Tapping into retirement savings or options too early can lead to significant problems in the future, but it can also cost you hundreds of thousands of dollars in potential gains. While prepping for retirement can prevent future years of stress, sometimes life happens, and you […]
Active investing, such as day trading, is a popular investment strategy. Still, it depends on the investor’s ability to consistently outperform the market, which growing evidence says is improbable and more volatile than other strategies. If you plan on active trading based on timing the rise and fall of stocks, it might be time to […]
When you first have a job with access to retirement savings with a 401(k), it can be difficult to determine how much of your check to set aside for your golden years. Even if you have been dutifully contributing to your account for a decade or more, you might be unsure about whether your savings […]
Money makes the world go round. It’s a familiar phrase, and it is a common trope for people who make rash investment decisions. It is typical to want money; from an early age, people are shown the dramatic windfalls of frivolous investors and millionaires, leading to envy and desire. Unfortunately, the eagerness for wealth can […]
Benjamin Franklin once said, “In this world nothing can be said to be certain, except death and taxes.” He was pretty close, but he forgot one other fact of life: inflation. No matter what country a person lives in or what type of currency it uses, inflation is something that’s impossible to ignore.What Is Inflation?In […]