Archive - July 2017

1
Investment 101: Choosing and Selling Profitable Investments
2
How to Readjust Your Retirement Plan
3
Why Your Retirement Is More Important Than Saving for College
4
How to Save Even More
5
Invest Even When Afraid

Investment 101: Choosing and Selling Profitable Investments

In “How to Fund Your Retirement Without Selling Off Your Investments,” The Motley Fool explains the two ways people usually make money after investing in stocks and bonds: selling once the investment is worth more (capital gains) or getting a monetary reward from the organization you invested with (dividend or interest).

This explanation points the way towards how one can retain investments and still profit from them:

“Choosing investments that will produce lots of income for you is an important part of retirement planning.”

When you have an investment that offers dividends or interest, you profit without selling. …

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How to Readjust Your Retirement Plan

It is important to know how much you should be saving. Every year you delay adequately funding your retirement cuts in half your retirement standard of living.

Imagine Fred and Wilma, now in their forties, with savings of $250,000 and an income of $55,000. They project that putting $1,036 a month into savings this year will meet their goal of retiring at 65. But that projection is only good for the coming year.

Projections are like blinking your eyes open as you are walking quickly. They give you a quick snapshot of where you are and what direction you …

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Why Your Retirement Is More Important Than Saving for College

Yes, it sounds harsh. But this is an important financial reality to understand: you should prioritize your retirement savings over saving for your kids’ college expenses.

This isn’t about loving your kids less. It’s about knowing how to prioritize your financial goals in the best possible way for both your sake and theirs.

And remember, putting your retirement needs ahead of saving for college doesn’t mean indefinitely choosing one over the other. You can balance both these competing goals and fund each at the same time.

Here’s why your retirement savings is that important — and how you can balance …

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How to Save Even More

owe taxesIn the past, we’ve written about how to save more money by paying yourself first, saving 15-25% of your gross income, or saving just 1% more in order to have enough to retire comfortably, send a child to college, or other goals requiring capital needs.

Saving money via payroll deductions, automatic contributions to IRAs and 401ks, and directly into piggy banks (for kids and adults alike) can be considered ways to save money directly. However, there are some ways to save money indirectly – and convert that money into direct savings towards retirement, college, or other financial goals.

  1. Turn the
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Invest Even When Afraid

The US markets have set new highs. As of June 30, 2017, the S&P 500 Total Return Index is up 9.34% year to date. Foreign markets are doing even better with the MSCI EAFE Index of Foreign Developed Countries up 13.81% and the MSCI Emerging Market Pirce Index up 17.22% year to date.

That being said, investors are noticeably scared, because they know that the markets can go in both directions.

The stock market is inherently volatile, but it is also inherently profitable. Everyone would want to have invested as much as possible 30 years ago, even knowing all …

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