Roth IRA – Why I Love It, and Why You Need One

You’ve probably heard about a Roth IRA before; it’s one of those terms that gets bandied about on TV or the radio with great frequency. And with good reason – a Roth IRA is a retirement account which is one of the best ways to prepare for retirement. I’ll give you an introduction on Roth IRAs – [...]

Can Your Investment Returns Make REDUX a Good Retirement Option?

We previously wrote an article about the pros and cons of taking the military REDUX retirement option. Service members who joined the military after August 1986 are eligible to choose from one of two retirement plan options: the High 36 retirement system (also called High-3) and the REDUX (CSB) retirement option, which gives eligible military members [...]

Dollar Cost Averaging: Investing in Turbulent Markets

If you’ve been following the financial markets at all recently, you know that things have been turbulent. For many people, all this turbulence is scary. After all, how do you know when to put your money in the market — and when to pull it back out? The good news is that you don’t actually [...]

5 Options for an Old 401(k) Retirement Plan

When you say goodbye to an old employer don’t forget about the retirement account that you’ve been funding. I’ll tell you who owns the money in your workplace retirement plan—like a 401(k), 403(b), or 457—and give you 5 options for dealing with the account after you leave the job. The Thrift Savings Plan is very [...]

Finding a Financial Advisor

This is part four in a series of articles for beginner investors. The first three parts covered why you should invest, types of investments, and the importance of diversification. This article covers finding and hiring a financial advisor. When it comes to money management, it can feel as if there are two camps: the top [...]

Why You Should Diversify Your Investments

This is part three in a series of articles for beginner investors. The first two parts covered why you should invest, and types of investments. This article covers the importance of diversification in your investments. My high school Biology class taught me that the health of a particular eco-system could be measured by the bio-diversity [...]

How to Change Your Thrift Savings Plan Address

My wife and I moved a few months ago and I finally realized I forgot to change our address for our Thrift Savings Plan accounts. It’s important to use the most up to date address you have so the TSP can contact you with updates or any issues that arise. This is especially important if [...]

Investment Basics – Types of Investments

Investing for the first time can be intimidating, which is why we are writing this series for beginning investors. The first article in the series covered why we should invest. In it we discussed the importance of investing and how it’s not as difficult as many people believe. In this article, we discuss ways to [...]

An Introduction to Investing for the Phobic – Why Should You Invest?

Investing. We all know we should do it, but it’s easy to put it off for another day. Why is that? Well, there are several reasons – from not knowing how or where to invest, or not knowing when to use the services of a professional advisor. Over the next few weeks we hope to [...]

TradeKing Promotional Code

If you are thinking about opening a new investment account, now is a great time to do it. There is never a better time than right now to start planning your future. TradeKing is one of my favorite places to open an account for online stock trading – I’ve been a customer for several years [...]