2 Risks of investing only in index funds | Smart Change: Personal Finance

(Morri Bachmann) Some people consider themselves practical investors. They like to spend time researching stocks, comparing companies in the same industry, and reviewing financial statements to determine which companies should have a place in their portfolios. Then there are those investors who prefer to take the easy way by investing their money index funds. These … Read more

3 Simple Ways To Earn Over $25,000 In Passive Income | personal financing

(Selina Marangian) Passive Income – Who wouldn’t want it? While you have to work for your paycheck and may also work a side job to get extra money, passive income quietly flows into you without much effort on your part. It’s possible, depending on your circumstances, that you get to the point where you earn … Read more

How to buy dip: 3 tips for smart investors | personal financing

(Katie Brockman) The stock market has seen a downturn recently, with Standard & Poor’s 500 Officially entering a bear market after falling more than 20% from its peak. While recessions and bear markets can be intimidating even for the best investors, they are also one of the best buying opportunities. Stock prices are now much … Read more

How many years of reaching the 401(k) cap does it take to become a millionaire? | Smart Change: Personal Finance

(Chuck Salita) A 401(k) can be an incredibly powerful tool when it comes to building a comfortable nest egg for your retirement. Once registered, the money is automatically invested, directly from your salary. While you’re in the account, the money accumulates in a distinct tax way for your retirement. Additionally, the contribution limits are large … Read more

How many years of reaching the 401(k) cap does it take to become a millionaire? | Smart Change: Personal Finance

(Chuck Salita) A 401(k) can be an incredibly powerful tool when it comes to building a comfortable nest egg for your retirement. Once registered, the money is automatically invested, directly from your salary. While you’re in the account, the money accumulates in a distinct tax way for your retirement. Additionally, the contribution limits are large … Read more

3 Social Security Secrets for Bigger Checks | Smart Change: Personal Finance

(Selina Marangian) Psst! guess what? You might just assume that your Social Security checks are going to be whatever they are and that you can’t control their size. If so, you are wrong. There are plenty of ways you can boost these benefits—especially if retirement isn’t soon. For example, you can check your earnings history … Read more

3 Simple Reasons Like Today Your 401(k) Can Be Overrated | personal financing

(Stephon Walters) Anytime you save and invest for retirement, that’s a good thing. a 401(k) Plan It’s the most popular type of retirement account, and it comes with great benefits – like pre-tax contributions – that you should take full advantage of. As with most things, there are pros and cons to a 401(k) plan. … Read more

3 Must-Read Quotes From Nobel Laureate Richard Thaler | personal financing

(Adam Levy) Richard Thaler’s work on behavioral economics was awarded the Nobel Prize in 2017. His 2008 book Pay He was very influential, as he helped shape public policies that in turn help people save more and make better decisions in finance, health, and many other areas. In a short interview with morning star Earlier … Read more

3 Reasons Not to Sell Stocks in a Downturn | Smart Change: Personal Finance

(Sam Swenson, CFA, CPA) As of the date of this writing, it appears Standard & Poor’s 500 Stocks finally entered a bear market, or reached levels 20% below their previous highs. While this is concerning even for the most discreet investor — especially if you’re in retirement or entering retirement — there are many good … Read more

Avoid These 3 Dangerous Investment Mistakes at All Cost Now | personal financing

(Steven Walters) No investor is perfect, and we will all likely end up making an investment decision that we will regret in the future. That’s just how it goes. However, there are some mistakes many people made in the past that you can learn from and avoid. Here are three critical investing mistakes that you … Read more