With a mere 0.2% annual fee and almost no turnover, the Invesco S&P 500 Equal Weight ETF has a good combination of low fees and low churn that give index funds their edge. All in all, there are lots of reasons to believe that ETF has what it takes to be worth owning as a reasonable first investment in any investor's long-term portfolio.Why all at once?While $5,000 is a … [Read more...] about Exactly How I’d Invest $5,000 if I Had to Start From Scratch Today | Personal Finance
Exactly How I’d Invest $5,000 if I Had to Start From Scratch Today
After you've been at it for long enough, investing ends up a bit like golf -- you play the ball as it lies. You have money invested in certain ways in certain account types. When it comes to moving money across account types or between investments within brokerage accounts, there's only so much you can efficiently do. With that in mind, it makes sense to get a good start so … [Read more...] about Exactly How I’d Invest $5,000 if I Had to Start From Scratch Today
3 More Members of Congress Have Violated the STOCK Act
Insider has identified more than a dozen members of Congress who've broke federal disclosure rules. Republican Reps. August Pfluger and Steve Chabot and Democratic Rep. Cheri Bustos are the latest. STOCK Act violators face a modest fine, at minimum. Members of Congress routinely … [Read more...] about 3 More Members of Congress Have Violated the STOCK Act
Differences between Roth vs. traditional 401(k)
When saving for retirement, investing in either a traditional 401(k) or a Roth 401(k) is a smart idea if your employer offers one. But they aren't exactly the same. Each type comes with its own pros and cons.The main, and most well-known, difference between a traditional 401(k) and a Roth 401(k) is the time at which your money is taxed, but there are other factors to consider … [Read more...] about Differences between Roth vs. traditional 401(k)
How Do 529 College Savings Plans Work and Are They Worth It?
pixelfit/Getty ImagesThe college admissions and financing process is nothing short of daunting for many Americans. With costs of higher education skyrocketing, particularly for private institutions, it’s never been more important to start saving for college as early as possible. The 529 college savings plan is one of many financing options you may have heard about or … [Read more...] about How Do 529 College Savings Plans Work and Are They Worth It?