Follow me on Twitter @cmchristian17 Dear Young Person, you’re young. Really young. So invest a good chunk of your assets in stocks. It’s the only way to beat inflation over the long term and that’s what you want to do. You want to save as much money as you can, beat inflation, and retire on… Continue reading Take Stock ~ Domestic and International
Month: January 2014
ETF’s vs Mutual Funds ~ Let’s go with cheap and easy this time.
Dear Young Investor, you are wondering about ETF’s (I know you are) and want to know if these are a better investment option versus investing in a mutual fund. And of course the answer is unclear. There are pros and con’s to both and below is a quick highlight of the two investment vehicles. But… Continue reading ETF’s vs Mutual Funds ~ Let’s go with cheap and easy this time.
Mutual Fun(ds). Let’s Play.
Gen Y, It’s time to learn about mutual funds and establish a relationship with them. First, there are over 10,000 funds and a gazillion data points and OMG it’s too much. So let’s figure out a way to drill down to the basics (it’s still gonna be a lot of stuff) and have a way… Continue reading Mutual Fun(ds). Let’s Play.
Jane’s Bond. Who’s Jane?
Dear Generation Y, Let’s learn some basic stuff about bonds. We’ll keep it simple and see how they fit into our future. First, what is a bond? We are familiar with the word, but beyond that, what is it? Why buy a bond? Who sells bonds? What is the money used for? How do I… Continue reading Jane’s Bond. Who’s Jane?
Nontaxable vs Taxable. My Eyes Just Glazed Over.
Dear Young Adult, It’s time to get into a bit of detail and start to organized into groups the vehicles that will be holding your greenbacks. What do we know that needs to be said again with an “Ah Ha” at the end? It is this: An IRA account is non-taxable. Thus I pay no… Continue reading Nontaxable vs Taxable. My Eyes Just Glazed Over.
Things I Have: Checking, Savings and Retirement Accounts. Now What?
Hi 20-somethings, Get ready to think a bit and use your imaginations and ponder and plan. This is about your life and it’s exciting. You have a job, you have a checking account and now you have an IRA account. I think you even have a savings account. These are all good things. Money is… Continue reading Things I Have: Checking, Savings and Retirement Accounts. Now What?