Q&A
Asked by an anonymous user
I suggest looking at the target date
retirement funds at the major mutual fund
companies. You could either just invest in one
of these funds or use them as a guide for...
Q&A
Asked by Kelly
I would have them become involved in making
smart choices with their and your money. If
it is a smaller item, tell them they need to
pay with their own money. If it ...
Q&A
Asked by Joyce
Hi Joyce:
First, it's very nice to be able
to answer a question for someone right here in
my backyard (DC)! Real estate investing can be
both very challenging and v...
Q&A
Asked by StuartV
My answer is simple: avoid complexity in
investing. If you don't understand it, don't
do it. Most financial products like GICs
involve a lot of complexity that is de...
Q&A
Asked by an anonymous user
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Upvote 15
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This country has made a revolutionary shift
from pensions to a self-service retirement
model (401Ks, IRAs, etc). The average baby
boomer has not yet fully adjusted to...
Q&A
Asked by victor piediscalzo
Answered by Tracy Scott Burke
CFP®, ChFC® in Harrisburg, PA
CFP®, ChFC® in Harrisburg, PA
Victor,
Thanks for your question. Some
type of a tax-deferred retirement account
would likely be best in your situation in lieu
of bank savings. If you have acces...
Q&A
Asked by Erin
Answered by Prateek Mehrotra
Financial Adviser in Appleton, WI
Financial Adviser in Appleton, WI
Erin,
Here is a simple way to do this.
After you sell your stocks you will know the
selling price. Your Capital Gains is equal to
the difference between the Selling...
Q&A
Asked by Katie
Katie,
Conversion from a traditional IRA to
a Roth IRA is beneficial when the amount you
are converting allows you to stay in the same
tax bracket and you have time...
Q&A
Asked by Michael
Hi Michael! I'm a huge fan of paying off debt
as soon as possible. You can't build your
finances up if you are busy filling in a hole
of debt. Make a plan to focus all...
Q&A
Asked by Martha
Derivatives are securities based on another
security or index. For example, an option to
buy a stock is based on a particular stock,
but the stock itself represents o...
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