6 Different Investment Philosophies

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To be successful with any investment strategy, you have to start out with an investment philosophy that is consistent in substance and one that corresponds not only to the markets you  decide to invest in but your to your personal and individual characteristics as well. What is an Investment Philosophy? An investment philosophy is a … Read more

How to Choose the Best Broker

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It is obvious enough that online trading is a lot easier and more convenient — not to mention faster. Through online investing, the online traders would need to hire online brokers to assist them with the trading transactions. As there are a variety of online brokers available today, selecting the one that would best suit our needs and requirements may be very challenging. Of course, most of us would want to choose the best and the most affordable broker.

Full Service Brokerage or Discount Brokerage?

There are several things that must be looked into when choosing an online brokerage firm. First of all, we have to assess ourselves, and find out if we will be needing a full service brokerage, or a discount brokerage firm. We must understand that a full service brokerage is ideal for those people who have zero knowledge when it comes to stock investing — this is also ideal for those who are not confident with their investing skills and strategies. However, such brokerage firms are usually very expensive, and this will cause the traders to spend more on investment costs.

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Choosing Your IRA Provider

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Are you planning to open an IRA account? Opening an IRA account provides you a great opportunity to save loads of cash for your retirement. The special tax considerations that are given to IRA accounts make it one of the best ways to save money for your future. Aside from that, you also save money … Read more

Highest Money Market Rates

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Money market investing involves lending and borrowing money or assets on a short-term basis. Maturities usually last less than a year or up to 13 months maximum. Because of this nature, money market is considerably stable, safe and very liquid. Its core is made up of banks borrowing and lending with each other through various … Read more

How to Sell Penny Stocks

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Since penny stocks are the cheapest stocks in the market, they are easier to invest with. Most new investors who do not have big amount of money for capital prefer to buy penny stocks to start with their investment. However, penny stocks are riskier because they are not sold in regular stock market; they are … Read more

Avoiding IRA Fees

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People who are planning for their future know that saving and investing are two essential methods in order to secure their finances. However, there are very few who are educated when it comes to investing. Are you one of those few people who have enough knowledge about investing, and are you willing to set long … Read more

Non-Qualified Retirement Plan

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As soon as you start thinking about your future, then it is the perfect when to open an IRA. Getting the best IRA company that can offer better returns in a wise thing to do. But even though many people secure their retirement through saving part of their income into qualified retirement plans which are … Read more

Pros and Cons of Roth IRAs

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A Roth IRA is believed to be the most advantageous type of IRA plan especially when it comes to paying the taxes. With a Roth IRA, we pay taxes upon contribution — which means that it is possible for our investments to grow tax-free profits and the Roth account holders can also enjoy tax-free distributions … Read more

When is it Time to Retire?

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More and more people are working past the regular age of retirement: 65. This has led to the very notion of retirement being very uncertain. So when is it time to retire? This is a question that lurks in the minds of young people who are constantly observing the older generation. Retirement has its risks … Read more

Planning for Retirement in Your 20s

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The early bird always gets the worm. Heading a household when you’re just in your 20s can be very challenging. It seems like you’ve just graduated and you already have to take care of a home, manage the budget and still save some for a rainy day. The last one is the most difficult. As … Read more

How To Retire Without Social Security

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A comfortable retirement is what most of us want to have. Most people still depend on when to retire on social security; and so they start to worry when they are nearing their retirement age because they often question themselves: Is my social security enough to retire on and enjoy the comfortable lifestyle that I’m … Read more

Advantages of Participating in a Retirement Plan

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Preparing for retirement is extremely important; but, with most traditional pension plans phasing out rapidly, citizens are taking up the responsibility to fund their own retirement. This is a good move considering the fact that they will benefit from the advantages of participating in a retirement plan. Workers are beginning to rely solely on retirement … Read more