The Fiduciary Rule is one step closer to death, and that means it’s once again A-ok for your retirement planner to scam you.
Much ink has been spilled on the relative superiority of Roth IRAs versus traditional IRAs, but let’s reexamine as the Roth—dubbed “the golden child of the retirement planning world” by NerdWallet—turns 20.
If you’ve been paying attention to corporate investing strategies the past few decades, then what companies are doing now with their extra money from the Republican tax plan is no surprise. A handful have given one-time bonuses to workers (fewer have given actual raises), but a significantly higher portion of the…
Spotify is planning to go public through a direct listing on the New York Stock Exchange in the next few weeks, and that’s piqued the interest of investors hoping it’s the next hot tech stock (a little more Netflix, a little less Snapchat). So, should you invest?
Hello friends. Friendly reminder that while our financial lives may seem like a disaster and we’re all stressed out about not having enough money, one of the few financial vehicles that actually benefits people who use it is the 401(k).
Gary Cohn aside, there is going to be another market correction (or crash) at some point, and you’ll want to be prepared when it happens.
Gary Cohn has resigned as President Donald Trump’s chief economic advisor over proposed steel and aluminum tariffs, leading to the Dow dropping 300 points Wednesday.
Investing is an important part of a healthy financial life. You want your money to grow, and, short of winning the lottery, investing is the best way to do that. But as Jonathan Clements, the editor of Humble Dollar, reminds us in his newsletter, it’s hardly the only thing that matters.
If you’re worried about your exposure to gun stocks, Morningstar has a new report about how to find out whether your funds are invested in these companies and some things you can do about it. (And read our general piece about divesting.)
Warren Buffett has made a reputation for himself as the world’s greatest investor, and he’s a big fan of index funds. Funds are basically one big investment made up of a bunch of individual ones. If you’re into lazy, set-and-forget investing, you’re familiar with them. But how do you find out exactly what’s in your…
In the aftermath of another mass shooting in America, you may wonder what you can do about the gun violence that plagues the U.S. You could donate to help the victims’ families, support organizations like Everytown for Gun Safety, make gun-safety legislation your primary issue when voting for someone, or run for…
With the market fluctuations the past week or so, there have been questions about when to rebalance your portfolio, if at all. Some say it shouldn’t interfere with your long-term plan, and to stick to once a year. Others say the time to rebalance is right after the market goes up or down by five percent or more.
The S&P 500 fell into correction territory at close yesterday, dropping a little more than 10 percent from its high on January 26 (stocks are up today, so far).
In the past week, the U.S. stock market has seen its two biggest one-day drops in history. The market is down more than 10% from its recent high point, entering “correction” territory. This is good.
There’s no need to waste time logging into an app or firing up your desktop when you want to buy or sell some stocks—now you can do it right from the convenience of your Twitter DMs if you have a TD Ameritrade account.
The Dow’s down. By a lot. It closed 1,100 points down on Monday, the biggest one-time point drop ever (of course, that makes sense considering it was at the highest point ever). At its lowest point Monday, it was down almost 1,600 points, and it’s lost around 2,200 points since the end of January.
Each Monday we’re tackling one of your pressing personal finance questions by asking a handful of money experts for their advice. If you have a general question or money concern, or just want to talk about something PeFi-related, leave it in the comments or email me at firstname.lastname@example.org.
A lot of investing advice revolves around your retirement: How much to contribute to a 401(k), how much you should have squirreled away at every age, the differences between traditional IRAs and Roths, etc. But there are plenty of other ways to invest for shorter-term goals (or just because).
In the past few years, legal weed—or excuse me, cannabis—has become a $9.7 billion dollar industry, and is expected to reach nearly $25 billion by 2021. Marijuana is now legal in eight states plus the District of Columbia for recreational use, and 29 states plus DC for medicinal use. The Cannabis Stock Index (yes,…
A few years back, I finally opened up an individual retirement account, or IRA. (A small step in investing, a giant leap toward adulting.) After building my very own portfolio, I noticed something interesting. Every quarter, I found money “paid” into my account. They’re called dividends, and dividend investing is an…