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
Roth IRA
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
Investing Used to Seem Too Hard, but Once I Got Started My Money Grew
I thought I had to be rich to invest, but I also knew money grows the longer it's in the market. So with just a few dollars a week, I started investing with Acorns and contributed consistently. I also opened a Roth IRA after a little Google research and have been building wealth ever since. Read more … [Read more...] about Investing Used to Seem Too Hard, but Once I Got Started My Money Grew
Is Roth IRA better for young workers? – South Platte Sentinel
If you’re in the early stages of your career, you’re probably not thinking much about retirement. Nonetheless, it’s never too soon to start preparing for it, as time may be your most valuable asset. So, you may want to consider retirement savings vehicles, one of which is an IRA. Depending on your income, you might have the choice between a traditional IRA and a Roth IRA. Which … [Read more...] about Is Roth IRA better for young workers? – South Platte Sentinel
What happens to taxes and payouts with an IRA in a trust?
Q. I have a traditional IRA. The plan allows me to designate individuals, trusts or my estate as individual, but it does not recognize wills. I am older than the RMD start date. With my will, I want to establish trusts for certain beneficiaries, with payouts beginning at least 10 years from now, to avoid spendthrifts. How would it work in terms of taxes and the timing of the … [Read more...] about What happens to taxes and payouts with an IRA in a trust?