Monthly Archives: April 2014

Retirement Costs (as reported by Donna Rosato and Penelope Wang on money.cnn.com)

Saving enough for retirement is at or near the top of everyone’s financial goals. The problem is, it is never easy to figure out exactly how much you are going to need when the time comes. Most online calculators estimate that you’ll need about 70-80% of your pre-retirement income to have the kind of life […]

Marriage and Credit Scores (as reported by Emily Guy Birken on moneyning.com)

Afraid that marrying the wrong person could negatively impact your credit score? Well, it can and it can’t. As Emily Guy Birken explains, your credit score is yours and yours alone. When you get married, your credit score and your spouse’s credit score are not directly affected. However, that does not mean that your finances […]

Stock Market Myths (as reported by Investopedia on mint.com)

The stock market is a scary place for a lot of people, especially when you don’t take the time to understand how it works. Many people are afraid to invest because they don’t trust the market. But investing in the stock market can be an important part of building wealth, so it is crucial to […]

10 Money Mistakes in Your 20’s (as reported by Suba Iyer on fivecentnickel.com)

It takes most people a number of years before they decide that they need to get a handle on their finances. By the time we are thirty, we’re expected to know a lot about how live healthy financials lives. But what about your 20’s? What are we expected to know during the decade that most […]

Online Stock Trading Platforms (as reported by Mike Jelinek on thesimpledollar.com)

Investing in the stock market on your own is not for everyone, but for those people out there that take the time to learn how to invest intelligently, there is a decision to make outside of what to invest in: where to do the investing. Mike Jelinek, writing on The Simple Dollar, reviews and compares […]

Leave Your 401k Alone (as reported by Andrea Coombes on marketwatch.com)

One of the worst financial mistakes that someone saving for retirement can make is reaching for the cash in their retirement accounts too soon. A study by Fidelty found that 35% of people who left their jobs last year took some or all of the money in their 401k or IRA accounts in order to […]

Hedge Funds in your 401(k)? What to know first. (as reported by Ben Steverman via Bloomberg.com)

Because of U.S. regulatory rules, most hedge funds are limited to investors with $1 million or more in investable assets. The reasoning behind this is simple, these funds are considered a risky class of investment that could expose the typical retail investor to a potentially devastating financial loss. All this said, there is without a […]