A 401(k) account is a professional advisory managed account and is the starting point for retirement planning. A 401(k) account is activated when you gain full-time employment and opt for it, and a portion of your paycheck is then directly invested in it. Your...
Named after the section of the US Internal Revenue Code under which this retirement planning account is defined, 401(k) accounts are company-sponsored, tax-advantaged, and defined contribution plans where you can contribute pre-tax dollars. As an employee, one may...
When it comes to investing, saving for a better future, or managing your wealth, deciding on whether you should seek the guidance of a financial planner or a wealth manager is critical to be able to best define your financial goals. It is therefore important to get a...
The Pandemic and the ensuing Fed actions to revive the market by easing liquidity has pushed the yield of the benchmark 10-year Treasury bonds to near record lows; yield as of October 2020 is at a measly 0.7%. Meanwhile, the price of the bonds in the open markets...
It’s great that you are ready to start your investment journey. However, with that decision comes the big question: Where do you invest your money and how do you get started? Additionally, what goals do you set, and do you make the investments yourself or seek...
If you are someone who scrutinizes their account statements or your financial documents, you might have come across the word ‘FINRA’ – probably in a very small font size. Have you wondered what it stands for? How does it affect you? Why should you care? In this...
