(Ryan Downey) One of the most important decisions in retirement planning is the decision about when to start receiving Social Security benefits. Many people realize that they can maximize their monthly check-ups by starting to take them at age 70, but this is not always the best option. There is no right answer that applies … Read more
(Ryan Downey) One of the most important decisions in retirement planning is the decision about when to start receiving Social Security benefits. Many people realize that they can maximize their monthly check-ups by starting to take them at age 70, but this is not always the best option. There is no right answer that applies … Read more
(Justin Bob) Peter Lynch is one of the greatest investors of all time. He managed the Magellan Fund at Fidelity, generated more than 29% of annual returns during his 13 years in office, and retired at 46. He sat down with Fidelity for a 2021 interview to offer wisdom that every investor can benefit from. … Read more
(Justin Bob) Peter Lynch is one of the greatest investors of all time. He managed the Magellan Fund at Fidelity, generated more than 29% of annual returns during his 13 years in office, and retired at 46. He sat down with Fidelity for a 2021 interview to offer wisdom that every investor can benefit from. … Read more
(FINRA staff) When considering investing, one consideration is whether you want to invest the money all at once or over a period of time. If you choose the latter path, you may choose an investment strategy called dollar cost averaging. With an average dollar cost, you invest your money in equal parts, at regular intervals, … Read more
(Christy Pepper) In 2022, the maximum monthly Social Security benefit is $4,194. This would provide a generous amount of $50,328 in retirement income for those who receive it. However, most people will not come close to maximizing the benefits. In fact, the average monthly retirement check is just $1,657, which means the typical senior gets … Read more
(FINRA staff) When considering investing, one consideration is whether you want to invest the money all at once or over a period of time. If you choose the latter path, you may choose an investment strategy called dollar cost averaging. With the average cost in dollars, you invest your money in equal parts, at regular … Read more
(Jeff Little) Since 1945, there have been 14 bear markets – the last three being each with an average length of five months – resulting in stocks losing, on average, 36% in value during each bear market. The bad news is that we entered bear market territory on May 20th. The good news is that … Read more
(Christy Pepper) As you get older, it becomes more important than ever to avoid making mistakes when investing your money. After all, when you need to rely on your savings, you cannot afford large losses as you may not have time to rebuild your nest. The good news is that if you are aware of … Read more
(Steven Walters) The comprehensive investment portfolio should include companies that pay dividends. As a shareholder, dividends are a way to reward them for holding your investment and, when used in the right way, can make up a good portion of your total portfolio return. However, not all companies that pay equal dividends are created. If … Read more
