Five Questions To Ask Before Investing. Whether you have a specific question or simply want to learn more information, it is important to know where you can go to get the help you need. Getting the unbiased information you need to make a smart investment decision is crucial, no matter if you are looking into an investment, investment professional, new products, or common scam.
Individual Retirement Accounts Early withdrawals face penalties- A person who has opened an IRA should avoid withdrawing funds from that IRA before age 59 1/2. If they do so, the withdrawal amount will face a 10% tax penalty in addition to facing ordinary income tax rates.
Six Reasons Why Investor's Own Gold. Gold allows investors to maintain their maximum buying power. Currencies based on paper can experience inflation, which decreases their value. Risk, inflation, deflation, and just about all other factors that could affect the financial world have almost no effect on gold.
Understanding 529 College Savings Plans. Named after Section 529 of the Internal Revenue Service code of 1996, a 529 plan offers benefits for those looking to save money for college. In this article, we are going to look at the types of 529 plans available, tax effects of 529 plans, and fees associated with creating one of these accounts.
Investor's Guide To Buying Gold. Investors need to be aware there are no Treasury Department regulations or federal laws at this time that give the government authority to confiscate gold. Some sellers claim that only collectible and historical coins are safe from confiscation to charge buyers far more than the value of historical coins.
A Basic Guide To Investing It may seem like some people find financial security suddenly. It does happen. The fact is for the majority, financial independence is attained through challenging work, paying dues, and taking it one step at a time.
Investor's Guide To Buying An Annuity A fixed annuity can be thought of like a bank's certificate of deposit. Usually, a person will make a lump sum deposit up front with the insurance agency, and then that sum will be allowed to grow at a pre-determined rate of interest for a set number of years before the payout period begins.
Investor's Guide To Buying Bonds. Bonds are a great asset class that every investor should consider as a part of their overall investment strategy. Most financial advisors recommend that individuals have at least 10% of their investments in bonds,
Investor's Guide To Mutual Funds No government agency, including the FDIC, insures or guarantees mutual funds. This rule also applies to funds that are purchased via a bank, even if the funds contain the bank's name. Investors should keep in mind that it is possible to lose money on mutual funds.
Key Elements To The Futures Markets. When it comes to dollar volume, Forex markets are one of the most active types of markets. Government bodies, large banks, multinational corporations and speculators comprise most of the market's participants. Individual investors make up a small percentage of the Forex market.
Investor's Guide To Buying Exchange Traded Funds Exchange-Traded Funds (ETFs) have become popular over the past twenty years, leading to massive capital inflows for various ETF management companies, like Vanguard Funds and BlackRock Funds.