Money and Happiness

Credit: devra under CC BY 2.0

They say money can’t buy happiness, but the situation might be more complex than that. It’s certainly true that wealthy people can be miserable and poor people can be extremely happy, but money can some effect on your level of happiness. It might even make a huge impact in your life. The popular saying about […]

Should You Invest in Stocks? It Depends

Growth

When saving for your goals, investing in the stock market is just one of your options. But it’s a confusing and sometimes scary option, so you might wonder if it even makes sense to invest in stocks. Should you Invest in Stocks? Why? As with any financial topic, the only responsible way to answer the […]

How to Sell an Annuity (or Payments)

Shark

Annuities do not have a reputation for being flexible, but you can often sell your annuity and get cash if you need to. Getting out of an annuity may be difficult – and expensive – so it’s not a decision to be taken lightly. There are generally two ways to get a lump sum from […]

Should you Invest When the Market is High?

Bull Market Chart Up

The market is supposed to go up, but somehow a strong stock market can make investors nervous. The idea is that whatever comes up must go down, and a market reaching for new highs must be about to head south. You’ve probably heard that you’re supposed to buy low, and you may have trained yourself […]

401k Losing Money – What to Do?

BadBear

When your 401k loses money – whether it’s due to market turbulence or fees – it’s important to understand what’s happening. Then you’ve got two choices: do something, or do nothing. Market Turmoil The most dramatic losses in 401k plans come from market losses: the things you buy lose value (or “go down”), and your […]

Be Like a Roth Investor

Viewing things from 35,000 ft. helps you make better decisions

Want to be a smart investor? The Investment Company Institute’s recently released The IRA Investor Profile might show the way. It shows that Roth IRA investors in particular are doing a great job – it seems that they focus on all the right things. Possibly the most important factor in your retirement is behavior: what […]

MLPs: Mutual Funds Versus Direct

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Master limited partnerships (MLPs) gained popularity in recent years as an “alternative” investment. Especially with low interest rates, some investors use MLPs for yield that they can’t get elsewhere (from fixed-income investments in particular). The problem is that MLPs are not the easiest thing in the world to invest in. So, as you might expect, […]

Ways to Get Money out of a 401k

LockedUp

Your ability to get money out of a 401k depends largely on two factors: whether or not you’re still employed, and which options your employer offers within the 401k. You might want to pull your money out for several reasons, including: You’ve stopped working at the company and you’re going to roll your funds elsewhere […]

Why you Shouldn’t Retire Early – Even Though you Want To

Early retirement: the horse is out of the barn

Retirement sounds lovely for most people: no boss, no schedule, no problems… There are a million reasons you may want to stop working, even if you don’t hate your job – you might just want to enjoy a life of active leisure while your body is young enough to cooperate. Maybe you don’t even like […]

Why Diversify?

A diversified portfolio is like a balanced diet. Unless you're gluten-free...

Diversification is the strategy of spreading your money among different types of investments. But why? Why not pick what you think will do best and let it ride? There are numerous examples of diversified portfolios doing poorly. In 2013, for example, if you’d invested only in US-based stocks, you would have done better than a […]