Posts Tagged ‘investments’

When Can A 20 Year Old With No Debt Retire?

Trent over at The Simple Dollar explains that if you're a twenty year old with no debt, saving 20% of your current salary until your 40 years old will ensure a healthy retirement.The math is pretty simple, and better yet, cautionary. By and large, though, if you live below your means and put that 'extra' money away diligently, you're looking at an early retirement.If you were to take 20%… Continue reading

Investing: Buying in a Bad Market

Just because the stock's dropped doesn't mean the company's out of the game. Here are some tips on picking the winners and recognizing the losers amidst a troubled market. Is the problem temporary or long-term?There are many companies that aren't worth buying at any price. Trash is trash, regardless of how much you pay for it. In some cases, problems arise that are the result of one-time mistakes on the… Continue reading

How 401Ks Work

There are lots of things we do in life because we've been told they're a good thing to do. One of those in my life is putting money into a 401K retirement plan. But what does that mean? How does it work?Lucky for you, the folks at HowStuffWorks.com have written a piece about it.Four things differentiate a 401(k) plan from other retirement plans.1. When you participate in a… Continue reading

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