Money Management

Ultimate End of Year Retirement Planning and Hot Links

Ultimate End of Year Retirement Planning and Hot Links

By in Links, Money Management, Personal Finance, Retirement | 0 comments

Ultimate End of Year Retirement Planning Dara Luber, senior manager of retirement at TD Ameritrade came out with a simple, actionable end of year retirement planning list. Although you’re probably managing multiple activities now, with school vacations and holiday planning, don’t forget yourself. By dedicating some time to end of year retirement planning, your future self will thank you. Give yourself a gift by taking a few moments to improve your financial retirement life for tomorrow. You still have a few weeks before January 1 to  boost your wealth building for tomorrow-today. Increase 401(k) contributions by just 1 percent: If your income goes...

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Robo Advisor Pros and Cons – The Definitive Answer

Robo Advisor Pros and Cons – The Definitive Answer

By in Asset Allocation, Investing, Money Management, Mutual Funds | 0 comments

Robo-advisors have been making headlines lately as a great substitute for traditional personal financial advisors. But is robo investment advice worth the hype? As with any decision regarding your money, it is essential to consider the pros and cons of robo advice before investing with a digital advisor. In particular, you should consider how robo investment advice stacks up against a financial advisor and which works better for your lifestyle. What is Robo Investment Advice? Robo advisors vary, depending on which platform you choose. Some robo-advisors are exactly what they sound like: based primarily on algorithms, these automated advisors...

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Harvard Endowment Returns vs Passive Index Fund Investing – Which Approach is the Best?

Harvard Endowment Returns vs Passive Index Fund Investing – Which Approach is the Best?

By in Advanced Investing, Asset Allocation, Money Management | 3 comments

Can the Harvard Endowment Returns Win Over a Lazy Passive Investment Approach? Imagine you had the choice between investing your money with the Harvard endowment fund managers or going with a lazy passive index fund approach? Which would you choose?  Harvard is one of the top universities in the world, home to the most brilliant professors and students. A Harvard degree is basically a ticket to professional success. So you would think that Harvard endowment returns would surpass the returns of the most basic passive index fund investment strategy.  The Harvard Endowment Lost Almost $2 Billion in 2016 In fiscal...

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Will You Have Enough Money to Retire?

Will You Have Enough Money to Retire?

By in Automatic Saving, Budget, Money Management, Personal Finance, Sponsored | 0 comments

Get the Answer – At What Age Can I Retire? Are you interested in discovering whether your current lifestyle, savings and spending plans will leave with you enough money today and in retirement? Find out today whether you’ll have enough money to retire. Most of us strive to make better decisions when it comes to money.  “Better” can mean a lot of things. Yet, when it comes down to it, better means acting in a way that balances achieving the long term financial goals you care about the most, against quality of life today, all the while being able to pay...

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Can You Beat the Market? Is Index Fund Investing Overrated?

Can You Beat the Market? Is Index Fund Investing Overrated?

By in Asset Allocation, Investing, Money Management, Mutual Funds | 10 comments

Is It Possible to Beat the Market? After writing close to 700 articles for this website, occasionally, it makes sense to come back and update some of the older articles. In this case, we’ll go back to the index fund question and evaluate whether this passive investing approach can still beat the market. This article was originally written about 2 years ago. The inspiration for this post came from the New York Times article “Beating the Market, as a Reachable Goal”, written by Jeff Somer. In the article, Robert A. Olstein, insulted by the arguments in favor of index funds, claims...

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401k Myths Exposed-Don’t Get Fooled by the Hype When Planning for Retirement

401k Myths Exposed-Don’t Get Fooled by the Hype When Planning for Retirement

By in Money Management, Personal Finance, Retirement | 6 comments

6 Retirement Myths-Believe at Your Own Peril (reprinted with permission from Captain401.com) 401k Myth #1 – The 401k is the Best Place for All of My Retirement Savings Not necessarily. There are many different types of 401k plans and some are better than others. In general, you hope that your workplace 401k plan has low fee mutual funds along with low management expenses. It’s also desirable for your 401k to have a point person, or offer access to professional advice for your questions. If your 401k investment choices are filled with high fee, actively managed mutual funds, company stock,...

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