Stop and Smell the Roses: A Great Life Many of us get caught up in the hustle bustle of life, summer, and back-to-school preparations. Can you relate? Do you catch yourself thinking “If I can only get _____ done, then I’ll be able to slow down andRead More
In 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.
- Turn the
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 …Read More
For certain types of workers, specifically someone employed as a public safety employee, there is a special exception to the normal distribution rules. For a public safety employee, retirement plan withdrawal can begin without penalty as early as age 50, rather than age 55 or 59½.Public Safety Employee
The list of public safety employees includes government or municipal firefighters, police, and emergency medical service employees. Recent expansion of this definition was put in place to include federal employees who work in certain public safety professions. These additional classifications include federal law enforcement, customs and border protection officers, federal firefighters, …Read More
Imagine transacting business or buying goods and services one day without using a single dollar bill or other country currency. Imagine further that no one country or organization controls the currency and no one can create further units to dilute the value of your buying power. That’s the promise of crypto-currencies, which, since the first one was introduced in 2009, have been gaining much attention and buying.
In fact, one candidate for the greatest bull market run (uptrend) in financial history is the recent run-up in price of the Bitcoin—the crypto-currency favored by international arms dealers and drug cartels, but …Read More