Last month, a chance conversation with my dad showed me that a lot of folks really don’t understand basic investment terms. I put together a quick reference, and asked, “What’s missing?” Gary from Super Savings Tips suggested I add a little on Growth and Value funds. That’s a pretty good suggestion. After all, most investors start […]
Our motto here at John & Jane Doe is “Getting it Together Financially in the Prime of Life.” As that implies, even in my forties I’m still learning money best practices, and I have screw ups I want to share so that other people can avoid my mistakes.
With that in mind, I have a confession to make:
I have paid way too much in mutual fund fees, all because I took way too long to jump on the index fund train.
Target-Date Funds are one of the most common and most-utilized investments in 401K plans. While they provide an easy, understandable way of investing and rebalancing your portfolio as you approach retirement, they may not be the best choice for everyone. Learn the pros and cons of target-date funds, and why some target-date funds are better than others.
There’s a lot of advice about saving and investing your money, but most of the advice I read advises readers to open tax-advantaged accounts. Save in an IRA or a 401(k), and you reduce your taxes. Save in a Roth IRA, and you don’t pay taxes on the withdrawals when you retire. Save in a 529 […]
My investments can be a lot like my experiences with yoga. I have my preferred asset allocation, but life and market returns have a way of throwing that allocation out of balance. Then it’s time to breathe deeply and rebalance my portfolio.
Index funds do such a good job of providing good returns at low costs, even Warren Buffett recommends them. Learn what is an index fund, how you invest in an index fund, and how to choose an index fund that is right for you.
Jack Bogle, charity donations, retirement income, talking money with your sweetie: here are the things we’ve found interesting or noteworthy this morning: