REIT investing may appeal to you as a way to collect some nice income checks and to diversify your portfolio in order to reduce investment volatility. That makes sense to me – the potential rewards do look juicy. But before you take the plunge, please consider the risks. What are REITs? A REIT is a […]
What Is an Asset Class?
If you want to be a better investor, it’s very important for you to understand what an asset class is. The answer is very straightforward: it is a group of assets that react in a similar fashion to a variety of financial forces. What are examples of asset classes? Stocks or equities Bonds or fixed […]
Should You Create an IRA Trust?
If you’ve created a family trust you might be wondering if you should also create an IRA trust. In some cases, this can be a very clever move, but in other cases it could be a colossal error. Let me explain. Background The beautiful thing about retirement accounts is that they have some very powerful […]
Goalmine Review – Any Good for Beginner Investors?
If you are a beginner investor it’s really hard to know where to start. I know that because I get emails every week asking just that question. There are many sites that profess to help people just starting out in the investing game and one such site is Goalmine. I’ve done an intensive review of […]
What Is a Donor Advised Fund?
If you are thinking about making charitable contributions this year, you’ll want a good answer to the question “What is a donor advised fund?” That’s because such funds can save you time and possibly a great deal of money. They allow you to take one appreciated asset and get a full tax deduction for its […]
Why High Dividend Stocks Are Risky
These days many investors are looking for high dividend stocks. That’s understandable. But what doesn’t make sense is when people ignore the risks of doing so. What are the risks of high dividend stocks? Some companies can indeed afford to pay high dividends. But if you are an investor, it’s critical that you understand exactly […]