The trouble at Wall Street royalty Goldman Sachs may have a huge impact on your finances – and not only if you happen to be a company shareholder. (And, as we’ll explain later, you may be a shareholder without realizing it.)
How much are you paying in your 401(k)? Probably more than you think. The typical fees and charges assessed against the average 401(k) investor can be much higher than those of equivalent investments available outside a sponsored retirement plan.
photo: BullionVault Having a well-balanced portfolio is just as important as having a well-balanced diet. Unfortunately, far too many investors gorge their portfolios on stocks alone, forgetting about all of the other financially nutritious investments out there. Don’t let that...
The world’s richest man today, contrary to what you may expect, is not Bill Gates or Warren Buffet. His name is Carlos Slim Helu: a Mexican whose rise to the top was propelled by the fast-growing telecommunications industry. Obviously, raking in billions by way of owning a telecommunications company (or three) is not in everyone’s future. But individual investors could still benefit from the industry’s growth by purchasing shares of telecom companies, mutual funds or ETFs.
“Set it and forget it!” If you’ve ever watched infomercials, you have probably seen Ron Popeil and his Showtime Rotisserie—the dishwasher-safe oven that will cook two rotisserie chickens at a time to perfection—and heard his famous tag line. Did you know you can do the same thing with your investments? You can set them and forget them.
On Jan. 1, 1980, 401(k) accounts became official. In the 30 years that followed, they’ve grown in popularity and usage, replacing defined-benefit pensions at many companies. But while 401(k)s can provide a comfortable retirement, they’re also far from perfect.
Green companies offer a lot of potential given the amount of attention, focus and funding (i.e. infrastructure spending) they are sure to receive over the coming years. The tricky part is finding those green investments that are going to not only support those companies who are trying to make a difference by operating in an environmentally friendly way, but also provide a decent return in your 401(k) or IRA.