Tagged With: investing

How to know when it’s time to get conservative about investing for retirement

The conventional wisdom when it comes to investing for retirement, is that you to start out with more risky/lucrative investments when you’re young and can afford to take more risks, and then over time move into more conservative prospects, towards the day when you actually need to tap into what you’ve put away. But there … Continue reading »

Categories: Radical Finances | Tags: , | 3 Comments

6 example ways to invest your 15%

Save 15% for retirement. You’ve heard it all before. And now you know how you determine how to determine which investment vehicles comprise that 15%. But with so many different options and scenarios, it’s easy to get lost. So here are six, real-enough examples showing common cases, and a suggested way to divide up that … Continue reading »

Categories: Decisions, Radical Finances | Tags: , , , , , | Leave a comment

Getting to 15%: How to determine the best investment vehicles

I believe that the optimal target when saving for retirement is to put away 15% of your income. Potentially more, but certainly not less. Here’s why. Getting to the point where you’re ready to put down 15% is hard. You don’t want to do it when you have debt, because you’d be better off putting … Continue reading »

Categories: Decisions, Radical Finances | Tags: , , , | 1 Comment

This is why I don’t pick stocks

I’ve often said that my one big stock tip is don’t invest in stocks. There’s too much volatility, too much risk, and not enough gain. We often say that if we had only invested in Apple in 1995, or Amazon in 1997, or Google in 2204, then we’d be rich beyond our wildest dreams. Right, … Continue reading »

Categories: Radical Finances | Tags: , , , | Leave a comment

If you don’t understand it, don’t invest in it

I took a new job last month, as I mentioned previously. While it is not in the finance industry, it’s in a space such that people often talk about financial transactions, venture capital, and especially about future developments in tech. It’s a heady space, a strange mix of wonkery and Burning Man-esque fervor. And lots … Continue reading »

Categories: Radical Finances | Tags: , | Leave a comment

Are you investing or just speculating?

The economics of the household aren’t great. Not only do you need to keep a reasonably good-paying job for at least four decades, but also you need to plan for a period of your life, say the last third of it, where you may not be able to earn a good living and have to live … Continue reading »

Categories: Awareness, Radical Finances | Tags: , | Leave a comment

What if you can’t contribute to a 401(k)?

In my previous post, I talked about what to do if you’re ineligible for contributing to a Roth IRA. This most commonly is due to having an income over the limit set for those contributions. But just like you could be unable to contribute to a Roth IRA, you could also be unable to contribute … Continue reading »

Categories: Radical Finances | Tags: , , | Leave a comment

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 »

Categories: Radical Finances | Tags: , , , | Leave a comment

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 »

Categories: Radical Finances | Tags: , , | Leave a comment

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 »

Categories: Radical Finances | Tags: , | Leave a comment