How to Max Out Your Roth IRA With Found Money
Although states are reopening and economies are up and running again, many Americans may still be suffering financially from the shutdown. We think there are a few things you can do to free-up some extra cash in the budget (or max out your Roth IRA), whether or not you lost your job or have been […]
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Are ETFs Better Than Mutual Funds?
A mutual fund allows investors to pool money together to purchase a collection of stocks, bonds, or other securities that might be difficult to replicate on their own. ETFs are similar, but are traded throughout the day instead of at the end of the day (we’ll discuss intraday pricing later). Most ETFs, about 90%, are […]
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What Makes the Great Ones So Successful?
Michael Jordan is one of the greatest basketball players of all-time. Steve Jobs was one of the greatest businessmen and inventors in American history. Walt Disney was another brilliantly successful man. Although they come from different walks of life and pursued different professions, there are common elements of success that Michael Jordan, Steve Jobs, and […]
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Is Now the Best Time to Refinance Your Mortgage?
Mortgage rates are near all-time lows, which has many homeowners wondering if it’s the right time to refinance their mortgage or buy a home. Low interest rates don’t necessarily mean it’s a great time to refinance or buy a home, though. Your mortgage interest rate is only one factor that should be considered. The monthly […]
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Can Annuities Protect You From Market Downturns?
Annuities are generally safe investments. You pay the insurance company a sum of money and then the insurance company makes payments to you for a certain length of time, starting immediately or at some time in the future. Annuities are as safe as the company issuing them; if you purchase an annuity from a financially […]
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Turning Coronavirus Challenges Into Opportunities
The coronavirus pandemic is causing great emotional, mental, and financial challenges for many Americans. Some things are out of our control; you may not be able to control whether or not you lose your job, but you can turn a challenge into an opportunity. You may not be able to control how much time you […]
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How a Great Estate Plan Would’ve Changed “Tiger King”
The recent Netflix hit Tiger King is mostly entertainment, but, believe it or not, there are some lessons we can learn from characters on the show (and one that didn’t make it on the show). Carole Baskin’s former husband, Don Lewis, disappeared in 1997 and was declared dead in 2002. Unfortunately, his final estate plan […]
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Are Index Funds the Best Way to Invest?
If you’ve watched or listened to any Money Guy content about investing, you know we’re big fans of low-cost index funds. For the first time, passive investments are overtaking active investments as the most popular way to invest. Index investing is no longer the little guy on the block. Is the dramatic rise in popularity […]
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Everything You Need to Know About the $2 Trillion Stimulus Package
The largest relief package in American history was recently signed into law by President Trump. The stimulus bill will provide much needed aid to Americans and businesses suffering economic loss as a result of the coronavirus. Millions of Americans have lost their jobs over the past few weeks, and businesses across the country have been […]
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How to Avoid Getting Ripped Off During the Coronavirus Outbreak
Many businesses have been forced to close down during the coronavirus outbreak and some may never reopen. As a result, millions of Americans are temporarily unemployed. The largest stimulus bill in U.S. history was recently signed into law, and for some Americans relief can’t arrive soon enough. Unfortunately there are people and companies out there […]
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