There has been a lot of talk about the stock market. Clearly we are seeing highs and most people, even the optimists thought it would have taken a lot longer to get here. If you are looking at the numbers and asking when is it going to end, take a look at this… It’s from […]
The pension system in America is in trouble. According to an article published by the State Journal Register, in Warren Buffet’s letter to shareholders, he said ” Citizens and public officials typically under-appreciated the gigantic financial tapeworm that was born when promises were made.” Those comments coming from an expert on finance should send a […]
Thinking about drawing out your retirement savings early? That’s a good sign. Taxes will only be higher in the future. There is a little known IRS rule that allows IRA savers to withdraw money before they are 59 ½ without that pesky excise tax penalty. The rule is called 72t. Here’s a brief summary of […]
Maybe you are thinking you want to get some of your money out of your 401k before retirement? You have some investment ideas of your own? Maybe you need to fund a college education, or just maybe you need a new hot water heater. Here’s a little known secret about 401ks, that mutual fund companies […]
They will never tell you. First of all, if you did take your money out, THEY, the mutual fund companies would lose all the fees. Secondly, it’s not their responsibility to tell you when to take your money out. So they will never tell you in either good times or bad what you should do. […]
