1. Social Security
2. An Investment Fund that you do the following
a. In your 20's put 1/2 of your investment funds in small cap funds, 1/4 in mid-cap funds, 1/4 in large cap funds
b. In you 30's reduce your funds in small cap funds to 1/4, putting 1/8 in mid-cap funds, 1/8 in large cap funds
Also, what about trading cryptocurrencies?
A college degree is a valuable part of learning & growing up.
You can't really get into investing & real estate without a good amount of MONEY.
Unless you were born with millions, you need to EARN that money somehow.
That said, i would not borrow thousands to go to college.
Work your way thru even...
stop before it hurts! i scale out of losers and scale into winners. Also, i rarely use hard stops az i hate to hang an order out there for hft bots. A better solution to the question of where to put your stop is what position size is appropriate for the trade.
The long run compounded average annual return of the US stock market is 11%. Invest in a low-fee (0.05%) index fund that tracks the whole U.S. stock market. History shows that this strategy is almost risk-free because the stock market always goes up over time. Invest $120 each month in this mutual fund and in 40...
I have an account with Ally and will ask them about this on Monday. I would like to open an IRA with them if I can trade stocks in it. That way it's just like normal investing except my gains don't get taxed until I turn 60. Only down side is I can't touch my money until I'm 60. Is all this correct...
Im 25 and I have a little over 40k saved up , I want to invest my money but I have no clue what to invest in. Any recommendations? Thank you (:
My coworkers are advising me to make pre-tax contributions as I will be making ~95k/yr so that my yearly gross will appear lesser and be taxed on less now. However, the growth on my investments will be taxed at the time of retirement when I cash them out.
My intuition is telling me to make post-tax contributions...
such as euro or japanese yen for saving?
The answer depends on what emergency you are preparing for.
►Profit - a place to store your money until you need it for when your car or refrigerator breaks down:
I don't invest in precious metals for profit because on the average, their value only keeps pace with the inflation rate. As an investment, that is...