Category - Investing

1
Don’t Buy Complicated Investments
2
Look Past the Headlines for Stock Returns
3
Designated Roth Accounts ( Roth 401k or Roth 403b )
4
Volatility is a Two-Way Street
5
Will Millennials Be More Likely than Boomers to Leave a Financial Legacy?

Don’t Buy Complicated Investments

There was an article recently in the Wall Street Journal about the collapse of a company called Future Income Payments. It was a really sad story.

There was a couple in the article and a nice picture of them. They have lost a big part of the money they had set aside for retirement and are in pretty bad financial condition.

It is alleged that they lost that money in a scheme perpetrated by a company called Private Income Payments which would buy pensions and sell the rights to the payments to investors in a little known, and to be …

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Look Past the Headlines for Stock Returns

If you are interested in knowing how the stock markets are doing, you have to look past the headlines.

I don’t know how many times I’ve gotten an alert on my phone and saw a headline that said “Dow Plunges!” or “NASDAQ Tumbles!”, and I’ve gone and looked to see what happened and those markets were down like 1% or 0.9%. That’s not really a tumble.

If you went to the grocery store and your favorite tuna went from $2 to $1.98 and the guy there says, “Oh look at that – the price just plunged!” you wouldn’t really believe …

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Designated Roth Accounts ( Roth 401k or Roth 403b )

hymen rothDesignated Roth Accounts or Roth 401k are simply 401k plans that allow employees to designate all or part of their elective deferrals as qualified Roth 401k contributions. Qualified Roth 401k contributions are made on an after-tax basis, just like Roth IRA contributions. This means that employee contributions and earnings are entirely free from federal income tax when distributed from the plan, subject to qualifications. Contributions are not deducted from income (as regular 401k or deductible IRA contributions are). This article discusses qualified Roth 401k contributions.

Caution: 401k sponsors are not required to allow Roth contributions to their plans. But if …

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Volatility is a Two-Way Street

In many cases, whenever we think of volatility we think negatively. Try it yourself. Think of the word volatility and say it out loud. What thoughts, words, or images pop into your head? Bad news? Market losses? Losing money? The color red?

The point is that we tend to give volatility a bad rap – and rightfully so. Generally, the word is thrown at us during periods of when the market, and our investments, lose value. Volatility, however, works both ways. It’s also present when the market and our investments are doing well. We just don’t call it volatility. We …

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Will Millennials Be More Likely than Boomers to Leave a Financial Legacy?

In ” Leave a Financial Legacy? Boomers and Millennials Slug It Out,” a Boomer writing for Money magazine examined statistics that seem to show that Millennials are not as selfish as news reports would have you believe:

Baby Boomers like to point out that our famously self-absorbed generation advocated for many good causes as youngsters and turned the corner to greater giving in retirement. Much of it is true. But younger generations are way ahead of us, new research suggests Boomers are the least likely generation to say it is important to leave a financial legacy—even though they

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