How to Invest $200k for Passive Income
Investing a large sum of money, like $200,000, can be exciting and intimidating. The good news is that, with careful planning and a strategic approach,...
What to do if you made excess Roth IRA contributions
By: Jonathan Dash
Retirement planning involves setting financial goals and creating a strategy to achieve them in order to ensure a secure and comfortable future. There are a...
Portfolio Asset Allocation Models by Age
Asset allocation is an investment strategy where you divide your investment portfolio into different asset classes – such as stocks, bonds, cash and real estate...
17 Principles For Creating Wealth
Money impacts several things you do in life. From education, healthcare, housing, food, gas, and utilities, there is hardly a sphere where you would not...
Do IRA Contributions Lower Your AGI?
Retirement savings is a crucial part of financial planning, and many people opt for Individual Retirement Accounts (IRAs) to save for their retirement. However, when...
How to Measure the Compound Rate of Growth in an Investment Portfolio
By: Jonathan Dash
Investing your money is one of the most critical components of financial planning. Investing is significant for wealth creation. It can help you achieve varied...
How to Prepare Your Finances for a Recession
A recession refers to a general decline in economic activity. It is a time when unemployment increases, consumer spending lowers, and the economic output is...
Top 10 Tips for Successful Long-Term Investing
Long-term investing has considerable advantages. It helps lower risk, offers your money more time in the market so it can grow with compounding, and minimizes...
How Much to Invest to be Considered ‘Wealthy’
Setting goals is one of the first steps when creating a financial plan. The goals you make help you pick investments, set a reasonable timeline,...
Why You Should Save and Invest Simultaneously
Saving and investing are two pillars of personal finance that are instrumental in wealth creation. Your income may not continue for as long as you...