Blogs and bookshops alike are often inundated with financial guides to help students get ready for the monetary challenges that the college years may bring. However for parents, knowing the necessary financial provisions can be more difficult especially for those who have not had the college experience themselves. Of course your teenager is going to […]
Kids Going to College? Ease the Financial Burden Read More »
By Jeff Clark, Casey Research I manage one of my mother’s IRA accounts, and when it comes to investing money, she doesn’t like to take a lot of risks. I guess the same would be true for most of our mothers – and maybe for many of us as well. Unfortunately, after surveying today’s investment landscape,
Managing Your Mother’s Money Read More »
Not Your Average Investor On May 31st 2012, thanks to twitter, worlds literally collided. Well at least metaphorically speaking. Well known Canadian rap artist Drake shared this tweet with his 7.2 million followers: The first million is the hardest. — Drizzy (@Drake) May 30, 2012 This sparked the following twitter response from T. Boone Pickens:
Five Mistakes the Average Investor Makes Read More »
You don’t have to change insurance companies every time you see a commercial on T.V. promising to save you 15 percent in 15 minutes. However, it’s a good idea to periodically review your coverage because various events in your life can have a dramatic and significant impact on the premiums you pay. Insurance companies are
5 Reasons To Update Your Insurance Read More »
By Terry Coxon, Casey Research It’s clear to me, even though it may not be clear to you, that unless there is something very unusual about your situation, if you have a traditional IRA, you should pay the tax now and convert it to a Roth IRA. Not just maybe, but definitely. Not just for
In the past few decades, the concept of home ownership has been completely turned on its head. Previously, homes were considered a very long-term consumption good. Do you think anyone in the 18th, 19th, and prior centuries ever considered tripling the value of their homes by retirement time and selling them to move beachside? In the vast majority of cases, such ideas never crossed their minds. Yet, somehow along the way, this became a reasonable investment expectation. Even today, home buyers still make their purchases with the hopes of escalating prices. But are homes really wise investments?
Is a House Ever a Good Investment? Read More »
You likely have seen invitations to open a “Gold IRA” or something with a similar name. Perhaps you should, but before you do, think about why an Individual Retirement Account might or might not be a good place to hold gold. That may tell you something about the best way to introduce gold into your IRA. Gold isn’t the only investment that raises the “Does it belong in an IRA?” question. Every investment does. And for every investment, the answer is, “It depends.” It depends on the nature of the other assets in your overall portfolio. It depends on how big the IRA is compared to your total holdings. And it depends on your judgment as to which investments are likely to be the most profitable.
Putting a Gleam in Your IRA Read More »
So you want to build up some savings and family wealth? There’s nothing wrong with that. It’s only the love of money that’s the root of all evil. The often misquoted verse is located in 1 Timothy 6:10. “For the love of money is the root of all evil: which while some coveted after, they
The Frugal Guide to Building Wealth Read More »
Although specifically written for junior mining investors, the following article by Louis James of Casey Research is applicable to all investors. — Lisa McMahon, editor Strategies for Junior Mining Investors: The Whites of Their Eyes by Louis James, Senior Editor, Casey’s International Speculator “Don’t fire until you see the whites of their eyes.” Most Americans were
Strategy vs. Tactics in Investing Read More »
IRA Distribution Rules are a mine field. One incorrect move and you can discover yourself faced with high taxes and penalties that may wipe out years of savings and investment. Complicating issues is the Darwinian evolution of IRAs that have taken place since the pioneer IRA was introduced in ’74 with the enactment of the Employee
Henry Ford said “Any customer can have a car painted any color that he wants so long as it is black.” Does it feel like Henry designed your 401(k)? You can put your money anywhere you want as long as it’s in one of these funds. Even if you have a choice of 3,000 funds, your
INVESTMENT PLANNING: Alternative Investment Broker Can Save Your IRA, 401k Read More »
The stock market could very well be scary for any new investor. There are lots of difficulties and puzzling terms that may lead to difficulties (not to mention reduction of capital) for anyone trying to obtain stock trading education. So….what should an individual do to safeguard themselves while studying the basics of the market?
Stock Trading Education: A Primer For the New Investor Read More »
