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Is a Roth Conversion Right For You?
Many people are taking advantage of the tax benefits that come along with Roth accounts. No matter what your income or tax status is, you can take advantage as well. What is a Roth Conversion? A Roth conversion is when you convert a pre-tax account (Traditional IRA, 401k, 403B) to a Roth IRA. By doing…
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When is it Safe to Get In the Market?
Perhaps one of the biggest challenges that investors face is determining if “right now” is a safe time to invest (meaning not just the present, but any time). What makes it difficult for investors is a twofold issue: first, is a lack of historical knowledge and perspective, and second, their own emotions. Actually, if one…
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Investment Accounts 101
Planning your investments to build a retirement fund can be a dizzying prospect. The various questions, options, details, accounts, and amounts are enough to make anyone’s head spin. Wouldn’t it be nice if there was a generic recipe for success? A nice neat list of step by step instructions on how to make the best…
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Who Should You be Getting Investment Advice From?
If you are looking for advice on investing, you can look just about anywhere and get some opinion. It is important to understand the reason behind the advice that someone is giving, and also the education and evidence behind the advice given. Suitability Vs Fiduciary Brokers/life insurance agents/banks that offer investment advice have an obligation to…
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Second Quarter Market Recap
The second quarter saw continued small increases in the stock market almost across the board. The only real loser is the owner of long term fixed income, as rates increased bringing prices down rapidly. The S&P 500 Index (Large Cap Stocks) rose 0.28% in the quarter, extending its streak to ten consecutive quarters of positive gains.…
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The Worst Investment Advice Ever
I go online to check Yahoo Finance everyday to see how the stock market and other markets are doing. I try to stick to the numbers and real information, and avoid the headlines and articles most of the time. But, about a week ago this was the headline that couldn’t be missed. Economist Predicts: “The Greatest Stock…
