Saving for retirement may be the most important financial goal you’ll ever have. Why? It’s how you’ll need to pay for your up to 30+ years of unemployment (aka, retirement).…
Tag: investing
If you’ve ever found yourself thinking “I’ll start investing when I’m older, I have plenty of time” or “I’ll start investing when I have more money, there’s no point in…
So you want to invest! In what? What kind of account? What type of investment? How much risk are you willing to take? What are your goals? Yikes! There is…
You finally have some breathing room in your budget; you’re spending less than you earn and there’s cash left over at the end of the month. Now you want to…
When you’re ready to invest for your long term goals you’ll need to choose where to do that. We don’t mean what to invest in , that’s a different step.…
Passive management, or passive investing, is a way of investing broadly in a general market or part of the market without making specific decisions about what to buy and sell…
Active management, or active investing, means making deliberate decision on what to invest in and when. It involves ongoing buying and selling based on changing opinions on what investments will…
A target date fund is an investment option, usually a mutual fund, designed to let people choose a fund based on a single factor: a “target retirement date” near their…
A robo-advisor is a type of financial advisor that provides investment management and advice through an app or website. Instead of working with a person, the robo-advisor’s software provides a…
Your investment goals are what you intend on using the money in your investment accounts for. 401(k) investments are for the goal of retirement. 529 plans are for the goal…