You really can turn $0 into $10K. Here’s how
If I were to try to grow $0 to $10,000, I would start with proven strategies, including the easy ones everyone should be doing! Most of all, I would focus on the steps I have […]
Roth IRA or Roth 401(k)? Which is best for you?
When it comes to the Roth IRA vs. the Roth 401(k), there are many similarities to keep in mind. For example, both plans let investors build up tax-free income for retirement, yet both fail to […]
How to start investing, even if you think you can’t
In 9 Ways to Invest $100 I gave suggestions on how to invest when you have just a few dollars. In this article, I want to take it up a notch, which is to say how can […]
14 great investments to earn compound interest
Chances are, you’ve heard someone mention the term compound interest, at some point. But do you know exactly what it is and how it can benefit your investments? And just as important, do you know […]
Real estate or index funds: Which is better for building long-term wealth?
Whether you choose real estate or index funds as your primary investment, each has an outstanding track record of building wealth. But is one better than the other, if maybe only by a little […]
7 Roth IRA secrets you’ll wish you knew sooner
The Roth IRA is a popular retirement account, and it’s incredibly easy to see why. Yes, you have to invest in this account with after-tax dollars, but your money grows tax-free and you don’t […]
Buying I Bonds: A step-by-step tutorial
When the markets are in turmoil and inflation is increasing, investors become very concerned about their money. Interest rates are creeping up but the national average on savings accounts is still around 0.5%. Where is […]
Tips for safely investing & growing $50K (or less)
When you think of the best ways to grow wealth for the long haul, the stock market might come up as a popular way to invest your money. This makes total sense when you […]
The pros & cons of buying a short-term rental property
Have you ever considered buying a vacation property for a short-term rental? I think it’s a pretty common idea. And in a perfect world, it can combine the best of leisure and investing in […]
The real difference between wealthy & just rich
Isn’t it funny how childhood experiences shape our views of rich vs. wealthy, as well as who has money compared to who doesn’t? There are several memories from my own childhood that made me […]
You need these 7 assets for true financial freedom
If you’re taking the time to read my words, chances are good you are ready to earn more — to find ways to build the kind of long-term wealth that can change your life. Trust […]
9 smart alternatives to investing in the stock market
I often get asked by people, “What are some good alternatives to investing in the stock market?” As a former financial derivatives trader who was in the market 24/7 through the “Great Recession,” I uniquely […]
Should I roll my pension into an IRA?
When you leave your job, you have a few options when it comes to your pension. You can take the pension payout over your lifetime, cash it out as a lump sum payout, or […]
The best short- and long-term investments right now
By the end of 2021, the S&P 500 had risen 26.61% and the Dow Jones Industrial Average had grown by 18.65%. For those who had just begun investing in the stock market, as well […]
What happens to your 401(k) when you die?
It’s a sad fact, but we’re all mortal and one day we will all die. This is true whether we have retired or not and there’s a 100% chance of that happening. According to Vanguard, […]
Where to put your money when you’ve maxed out your 401(k)
If you’ve been maxing out your employer-sponsored 401(k) plan, a Solo 401(k), or any other tax-advantaged retirement plan, you’re doing way better than the vast majority of workers. After all, the average retirement savings by age is […]
The 10 worst stock market crashes in history
I was a college intern at a local investment firm when I first learned what a “stock market crash” was. It was 2001 and the market was already on the decline. After the tragic events […]
Stop making excuses about not saving for retirement. Do this instead
You know what’s hard to hear? Despite all the talk about retirement planning, and all the information available on the web, millions of people still aren’t saving for retirement. As a direct result American workers don’t […]