There are many obstacles you will encounter while trying to achieve your financial goals.
Most investors don’t even know they are in the wrong type of investment until it’s too late.
The more money you have the more options you will have in retirement.
Investments that you hold for less than a year and then sell are considered short term investments and are taxed as ordinary income.
Mutual fund companies send out annual statements the end of January. My strong recommendation here is to take the time to review them.
The number one reason to sell is when your goals or objectives are met and you need the dollars to pay for the goal.
To reach your financial goals of a comfortable retirement you will be investing in the stock market.
It’s easy to ask others what they’re doing for retirement savings and just follow their plan, but one plan does not fit all.
As you get closer to reaching your goals, your time horizon changes and that in turn should trigger a change in your asset allocation.
Planning for a catastrophe means you will need to be organized.