“Day Trading” My Way to Retirement
Day trading- dangerous and expensive hobby or useful addition to a diversified portfolio? You decide.
There are so many ways to invest successfully that the most important thing is to just pick something reasonable and stick with it. But it’s key to know which approach to take and why you’re picking that option.
Day trading- dangerous and expensive hobby or useful addition to a diversified portfolio? You decide.
My financial philosophy, like yours, was molded over years by taking what worked for me and leaving the rest from multiple sources. Today, I say thanks to those who helped me become successful!
Vanguard offers three "tax-managed" funds. They have remained unpopular, although could have their uses for the right person.
There are few winners in any lawsuit. But that doesn't mean the rest of us can't learn something from them.
There are many pitfalls when setting up a retirement plan for a small practice, but you can minimize them by using independent TPAs, recordkeepers, and advisors and by avoiding asset-based fees.
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Some people don't like investing in index funds in retirement accounts. I don't have a problem with a little marketing hype, but when the facts are wrong I'm going to call you out on it.
My annual partnership 401(k) report came in. It turns out that investing in stocks has been very profitable for the last five years. But there are a lot more insights to be gleaned from the data.
Dave Ramsey gives a lot of great advice. And a little bad advice. Know the difference!
The Vanguard Total Stock Market Index Fund is a wonderful mutual fund. Excellent returns, low costs, and a rock solid strategy should cause you to give serious consideration to using it for part or even all of your US stock exposure.
Mutual funds should be major building blocks in your portfolio, but you need to understand how they work and how to learn more about them.
Emergency funds allow you to take on many risks, avoid debt, and avoid selling low. But don't be dogmatic about them--the opportunity cost is real, especially for those who are not rich yet.
Some successes come from luck, while other successes come from smart decisions. But a great deal of financial success comes from putting yourself in a position where luck can do its thing.
Who wouldn't love a larger Roth IRA, especially when the alternative is investing in a taxable account? Chad Chubb explains the Mega Backdoor Roth IRA.
Technical analysis to predict future price movements of individual stocks has been used for decades. Do the charts reveal the future, or are they just as cloudy as a crystal ball?
Never heard of a 401(h)? You're not alone. But for the right person, this triple tax-free account can be awesome. It's the mutant child of a cash balance plan and an HSA.
Medical school may not have taught you about money, but we will.
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Get ready to take control of your financial life. You can do this, and we can help.
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