Contents Introduction If you want to retire early, you need to start planning now. The sooner you start saving, the easier it will be to reach your goal. There are a few key things to keep in mind when you’re trying to save enough money to retire early. First, you need to make sure you… Continue reading How to Save Enough Money to Retire at Age 55
Category: Retirement
How to Build a Passive Income Portfolio to Make Money?
Contents How Can I Build a Passive Income Portfolio? To reach financial independence and even retire early, a passive income portfolio is essential. Dividend stocks, CDs, municipal bonds, U.S. Treasury bonds, corporate bonds, and real estate are all good options for building a passive income stream large enough to provide financial security. In addition to… Continue reading How to Build a Passive Income Portfolio to Make Money?
All You Need Is a Simple, Well-Diversified Portfolio 2
Contents Overview This article is the second part of the All You Need Is a Simple, Well-Diversified Portfolio series. The post continues to look at what makes a good investment plan. Avoiding Attempts to Predict Market Movement Investing in stocks is a good option for beginners because it’s easy to get started. Increase your stock… Continue reading All You Need Is a Simple, Well-Diversified Portfolio 2
Investment: How to Take a Holistic Approach – 2
Overview In the first article, we talked about how one way to invest is to pay down debt and set up an emergency fund. In this article, we’ll talk about the different ways you can invest to grow your savings. Mutual Funds With mutual funds, you can put your money into a lot of different… Continue reading Investment: How to Take a Holistic Approach – 2
Investment: How to Take a Holistic Approach – 1
Why is Holistic Financial and Investment Planning Important? A pandemic changes the way people invest. For some, this means putting their money into assets that are safer. For others, it means rethinking how they decide how much risk to take. Others have to wait for the market to settle down. To survive the market slump,… Continue reading Investment: How to Take a Holistic Approach – 1
You Can Become a Millionaire via the 401(k)
If you start investing in the 401(k) when you are 22, you can certainly become a millionaire after you retire at 65. Invest 10% of your salary, $35k, into a 401(k), and that is $3,500 annually. That is just $134 per paycheck, assuming you get paid every 2 weeks. You’ll have over $1 million by… Continue reading You Can Become a Millionaire via the 401(k)
Is the Stock Market Overvalued?
The three popular ways to measure value of the stock market are the trailing 12 month price-to-earnings ratio (P/E ratio), the forward 12 month P/E ratio, and the price to sales ratio. The question is whether the stocks are over valued at this point. Historically, the S&P 500 P/E ratio is around 15. That was… Continue reading Is the Stock Market Overvalued?
Taxes and Inflation – Your Biggest Enemies after Retirement
Lower your taxes. Instead of looking at your investments first, begin by taking a look at your taxes and determine a good method to minimize them. You ideally need to move from growth type of investments to income producing investments, when planning for a flawless retirement. By simply changing your portfolio’s funds to more tax… Continue reading Taxes and Inflation – Your Biggest Enemies after Retirement
Are You Prepared in case the Current Market Loses Its Steam?
Recent news headlines have repeatedly indicated that the uncertainties in the global political and economic policies are unprecedented. The uncertainties in the global investment markets have increased; however, the global stock market volatility has declined. Many markets have reached new highs. The situation is very unusual. One of the problems is the commonly used market… Continue reading Are You Prepared in case the Current Market Loses Its Steam?
Buffett Shared the Best Strategy To Invest In The Stock Market
The Dow Jones Industrial Average has a record high for 12 consecutive trading days, but Warren Buffett still believes that US stocks have not yet seen a bubble. He even bought more of the Apple stock this year. Buffett in an interview with “Squawk Box” mentioned that if the interest rate is 7-8%, then the… Continue reading Buffett Shared the Best Strategy To Invest In The Stock Market