When I first started learning about personal finance, the default advice pretty much everywhere was for people to roll their 401(k) into a Traditional IRA (TIRA) for greater flexibility of investment choices and low fees whenever they left a job.
Category: Investing
Discussions, tips, and guides related to putting your money to work and growing wealth over time.
Precious metals have been getting a lot of attention lately — inflation is still running at a moderate pace and there’s once again talks about the debt ceiling. This fearmongering provides a conducive environment for proponents of gold and silver to try and sell others on their investment.
How does one know at what point they’ve done enough heavy lifting with their own savings such that compound interest will begin to become the dominant force in their wealth growth?
A lot of people are raving about I Bonds right now. After all, 9.62% is an amazing interest rate. Investors in US Treasury Bonds of any type haven’t seen a rate like that since the late 1980’s.
Today was a bad day across the board in financial markets, and the S&P 500 officially entered a bear market. The mainstream financial media is overwhelmingly painting a grim picture of our financial futures.
A new feature is coming to the largest defined contribution 401(k)-style retirement plan in the world, unlocking access to thousands of new mutual funds. Unfortunately, it’s absolutely terrible — here’s why.
I’m quite frankly tired of hearing people rave about cryptocurrency. You’re not going to get rich off this crap. Chances are you’re going to lose most of the money you put into it. Because it’s overvalued, overhyped vaporware.
Financial markets have been on a tear recently. It feels like a bubble. There’s an irrational exuberance among investors, especially novice investors. What should you do?
Over my entire career, the only international equity fund offered in my retirement plan has been a fund that tracks the MSCI EAFE. For those of us wishing to invest for maximum diversification, this represents a problem — that index covers less than 60% of the total international stock market!
For me, the best investment strategy for getting rich is the most reliable, reproducible path.