Investing

May 17, 2021
What Is a Roth IRA?

A Roth IRA (Individual Retirement Account) allows you to save up to a certain amount of money in a non-deductible, after-tax account. Contributions to the account are not tax-deductible, but funds grow tax-free. Any withdrawals made after age 59 ½ are tax-free. The annual contributions limit, set by the Federal government, is $6,000 for 2021…

May 06, 2020
What is the Rule of 72?

Are you considering investing money? If so, you should know about the Rule of 72. It helps you determine how long it will take for your money to grow a certain amount. The Rule of 72 allows you to figure out how long it will take for an investment to double at a given annual…

December 01, 2019
When Should I Start Investing?

You may have heard the Chinese proverb: the best time to plant a tree was 20 years ago. The second-best time is now. The same is true with investing. If you think you’ll have time to get started later, you should see how that’s working out for older generations. The Power of Compound Interest If…

October 28, 2018
Investing 101: Stocks, Bonds, and More

One of the most common questions I get asked is about investing. How should I start investing? What investment options do you recommend? What is a low-risk investing option? Don’t worry, we’re going to get there. But first, let’s start with somethi...

January 03, 2020
How Can I Get Started with Low-Risk Investments?

How do I begin with low risk investments? For example CD’s, money market accounts, etc. Submitted by Deirel M. First of all, way to go! Investing is all about preparing for your future and the fact that you’re clear that you want low ri...