Fire Drill: Investing with Dollar-Cost Averaging
When should you invest? Instead of putting so much pressure on when to invest, put a set dollar amount into your investment account on a set schedule and let dollar-cost averaging work for you.
Investing
Investing with Optimism
2020 has been a volatile year for the stock market. Volatile means sharp moves downward as well as sharp moves upward. We've seen historic swings in both directions, and these swings make people nervous. Some people react in these situations and let their emotions dictate their portfolios by moving into cash. However, successful investors like Warren Buffett, also known as the Oracle of Omaha, consistently rely on one trait to navigate nerve-wracking times. The simple trait: optimism.
Choose Your Own Contribution with Higher Retirement Plan Limits
Did you know that HSA and 401(k) contribution limits increased for 2020? Learn what’s new and use the infographic to see how you can make the most of your retirement savings this year.
An Alternative to What?
What’s an “alternative” investment? And what makes it different from traditional investments, like stocks, bonds, and cash? Get the answers, and learn the long and short of it — pun intended — when it comes to alternative investment strategies.
Location, Location, Location
Where are your assets located? You might allocate them a certain way to reduce risk, but location is another important part of maximizing returns and reducing tax burden in your investment portfolio. Learn the implications of asset location.
401(k) and Employer Stock — A Different Approach
Leaving a job where you bought your employer’s stock in your 401(k)? Making the best choices for your money is key. See a couple different approaches.
Back to Basics: Individual Retirement Arrangements (IRAs)
Will you be contributing to an IRA this year? Head back to basics for a better understanding of this investment vehicle, to learn about increased contribution limits for 2019, and much more.
Back to Basics: Rebalancing
How well-balanced is your portfolio? When you start with proper asset allocation as well as the right balance of possible risk and potential returns, you can rebalance your investments as they fluctuate over time. This allows you to “buy low and sell high” — in the way that works best for you and your unique portfolio.
Back to Basics: Save Your Money
How basic can it get? This is part Back to Basics, part public service announcement, and 100% simple reminder: Save your money. I bring it up because it’s an easy trap to fall in to. Any number of things can disrupt your savings plan — from a job change or loss to a larger-than-expected financial emergency to you just plain getting complacent. ... and, when it’s time to resume or increase the amount you save and invest, you miss the boat.