Tagged With: investing

What if you can’t contribute to a Roth IRA?

Roth IRAs are awesome. There’s just no other way that I can see that regular folks can invest in a way that lets money grow tax-free, without any Required Minimum Distributions or anything like that. Plus, a retirement account where you can withdraw your contributions at any time for any reason, without any penalties? This … Continue reading »

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What about gold?

I love talking about investing. A¬†slow and steady plan that can enable almost anyone to ensure a comfortable future for themselves and their loved ones? Yes please, sign me up. When I talk about investing, I speak exclusively of mutual funds, enclosed in an IRA or 401(k) (or equivalent). There are other ways to invest … Continue reading »

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Past performance is no guarantee of future results, or is it?

Any time you read any financial prospectus or ad, or watch a commercial about any investment opportunity, or really, ingest any financial media at all, one phrase will always show up in one form or another: “Past performance is no guarantee of future results” This phrase deserves more scrutiny, I believe. After all, it’s practically … Continue reading »

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Do you want to invest in a target date fund?

In 2006, Congress passed the Pension Protection Act. It’s a scintillating read. Among much else, it provided statutory authority for employers to enroll workers in retirement plans automatically, and also established criteria of “safe harbor investments” to protect employers from liability that comes from automatically enrolling employees. Prior to this, people weren’t automatically enrolling in … Continue reading »

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Am I making a mistake by not rebalancing my portfolio?

I believe that investing is a crucial step in your plan to become financially secure. So I recommend putting as much as you can into an investment portfolio like a 401(k) at work, or (especially) a Roth IRA that you create yourself. 15% of your pay is a good round number. But allocating money is … Continue reading »

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More lying with numbers: What it really means to be half-wrong about interest rates

It is possible to lie with numbers, or at least mislead. We’ve seen this before when talking about how many hours you have available to work in a given week. It’s not the numbers that are doing the lying, of course; it’s the interpretations we make with them. When Einstein added his famous cosmological constant … Continue reading »

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Here’s when we really want to be celebrating National Save For Retirement Week

I logged in to my Vanguard account earlier this week, and found this admonition: I must confess, I didn’t know about this celebration week. For this I can only apologize, although to be fair there are plenty of celebration days, weeks, and months to have to remember. For example, the same week was also National … Continue reading »

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How to open a Roth IRA with Vanguard

I’ve made no secret about a number of things: Retirement planning is something we need to do, and right now. The best way for everyone to plan for retirement is through investing. A Roth IRA is an investment vehicle that should be a part of everyone’s portfolio, if possible. A Roth IRA, unlike a 401(k), … Continue reading »

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Is retirement possible?

Retirement is a scary thing to think about. Many people think that they’ll never be able to retire, that they will be forced to work until they die. But it’s worth taking a look at what retirement is and whether it’s really as impossible¬†as it seems.

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Financial cage match: ETFs versus mutual funds

I want everyone to be an investing expert. Thankfully, I also believe that simplicity in investing is best. Create a Roth IRA, put money into low-cost index funds, and repeat this every month. When I say “low-cost index funds”, I’m talking about a special class of mutual funds. These are no-load, passive funds, designed to … Continue reading »

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