9 Mistakes People Make with their IRA
January 29, 2010
People make a lot of mistakes when it comes to IRA and 401(k)-related decisions. And I can’t blame them. The tax code is obscenely complex. That said, there’s no need for you to make these mistakes. 1. Converting to a Roth when it makes no sense Just because you can convert your traditional IRA to […]
Starting an Investment Club
December 23, 2009
Starting an investment club is an option if you rule out joining an investment club based on clubs whose investment strategies or investing goals are incompatible with your own. Of course starting an investment club is no small task, there are a whole checklist of things necessary to start one up. Here are some of […]
Investment Club Mentors
December 22, 2009
One of the investment club benefits we covered last time was learning from other people in your club. Some investment clubs will assign newcomers a mentor to help them get comfortable with general investing concepts and how the club works. The leadership of the investment club are typically the ones who are most involved and […]
Investment Club Benefits
December 21, 2009
Investment clubs, like anything in the world of investing, require due diligence before deciding whether they’re right for you. We’ve taken a look at some investment club tips for your personal situation and covered things to consider when joining an investment club. Although there are things to watch out for with investment clubs, there are certainly benefits to […]
Joining an Investment Club
December 17, 2009
Yesterday we looked at some investment club tips that were personal considerations to think about before joining an investment club. Today my former co-worker looks at the importance of evaluating the investment club itself and a few things to look for. Defined Investment Goals Each member of the group needs to have the same goal […]
Investment Club Tips
December 15, 2009
Investment clubs startup all over the US each year and help thousands of potential investors learn the basics of the stock market. I’ve never joined an investment club but I have a family member and a former co-worker who are investment club members so I asked them to offer a few tips on starting or joining […]
ShareBuilder Promotion on Kids Investment Accounts
December 13, 2009
ShareBuilder Promotion – $25 Stock Gift Offer ShareBuilder is running a promotion for anyone who wants to open a custodial account. If you open an investment account for your kid, ShareBuilder will match the first $25 you deposit into the custodial account. Right after I read about the account bonus offer I saw an interview […]
TradeKing New Account Overview
November 24, 2009
The Tradeking promotion that runs through the end of the month reminded me of a conversation I had with a co-worker last Spring about online brokerage accounts. She’s from a different generation and doesn’t feel comfortable opening a stock trading account on the Internet. Her son suggested she open her own account but she had […]
TradeKing Promotion Extended
November 2, 2009
The TradeKing promotion has been extended through the end of this month. For some reason, TradeKing likes to run thier promotions in the fall of each year. Last October Tradeking ran a $50 bonus promotion and despite the turmoil of the stock market had a lot of people sign up to try out their online brokerage. This […]
Variable Annuities Overview
October 28, 2009
Variable annuities are probably something you’ve never even considered investing in if you’re under 50 years young. However, I’ve had people write me whose parents are getting pitched fixed annuitites and variable annuities as they are getting closer to retirement. To give an idea of how variable annuities work, Victor wrote up the following overview. […]
