If you want to invest without any risk, then the stock market isn't for you. Despite the market's inherent risks, it's still an important piece of the best financial plans. You just need to understand the most important threats involved with investing and set yourself up to safely avoid them. These four risks aren't the only ones that you'll encounter, but they are important … [Read more...] about 4 Real Risks of Investing (and What to Do About Them)
Your Funds: Adding more controls to your investment process | Business News
Your long-term performance threshold.No one sets out to buy a clunker; you add stocks, bonds or funds to your portfolio expecting superior results.Sometimes, the early returns are particularly good; you buy a recent standout and the hot performance continues. That can make you comfortable sticking around even if performance regresses.Too often, investors stick with fallen … [Read more...] about Your Funds: Adding more controls to your investment process | Business News
Kelly Bullis: Solo 401(k) retirement plan
Kelly Bullis By Kelly J. Bullis Saturday, August 7, 2021 Are you self-employed with no other employees? Are you making a lot of money and do not need it all? Are you getting older and wondering how you will be able to retire someday? There are many … [Read more...] about Kelly Bullis: Solo 401(k) retirement plan
4 Benefits of Opening a Roth IRA for Your Kids
Opening a Roth IRA (individual retirement account) for a child isn't typically on a list of priorities, but it's something to consider if you want to give your child a leg up. Any adult can open an account for a child and contribute after-tax dollars if the child has earned income from a job or other work. The real benefits start to kick in when you invest the contributions in … [Read more...] about 4 Benefits of Opening a Roth IRA for Your Kids
I Inherited an IRA. Now What?
You’ve inherited an individual retirement account, or IRA. Now what?Unfortunately, you cannot leave the money in the original IRA opened by the deceased person. There are several ways you can receive the funds after inheriting either a traditional or Roth IRA, but your options will be narrowed by a few factors. Failure to handle an inherited IRA properly can lead to a … [Read more...] about I Inherited an IRA. Now What?