No Money Worries. No Matter What.
You owe it to yourself to keep safe from 401k fraud. If you’ve been saving money for retirement with your employer’s 401k plan, you might ask yourself if it will be there when you want to make withdrawals. No…I’m not talking about investment returns. I’m talking about investment safety from 401k and employer fraud. I […]
Do you know how to invest $5,000? If not, you can ask yourself a few questions and you’ll know how exactly how to invest that money. You can use these same questions to decide how to invest $500,000 too. Please understand that investment decisions are rarely made just based on returns. You also have to […]
If you and your spouse argue about money, learn how to sit down and talk about money together. If that doesn’t work, consider having separate finances. It might be the best way to keep your relationship intact. Normally, I recommend that couples keep their finances together. It’s easier to track spending and savings. It’s also […]
A Roth recharacterization is a “do-over.” It’s undoing a Roth conversion. If you do a Roth recharacterization, you have until October 15 of the year after you convert to a Roth to undo it. (Read “IRA Restrictions.”) So if you converted to a Roth in 2010, you have until October 15, 2011, to undo it. […]
“Is it possible to save my business?” That was the question Jane sent me a few weeks back. She’s the proud owner of a small catering business. The business had done well for more than 10 years, but now it’s in real trouble. She didn’t want to know how to make a business successful. She […]
Do you have a separately managed account? If so, you might want to reconsider. What is a separately managed account? This is basically your own private mutual fund. A money manager buys a number of securities that are held in your account. Your money manager makes the decisions as to what securities are held in […]
