If you are new to investing, the choices available to you can easily feel overwhelming. Conversely, if you are an experienced investor, you have likely used a few different approaches before. Either way, they are worth discussing, not just from a math perspective, but also in terms of how each strategy aligns with your personal […]
Lump-Sum or Dollar-Cost Averaging: Which is better? Read More »
We’re back after taking a week off to move across the country. I’m now settled in my new home and excited for the things to come. Anyway, enough about me and to the article. In an earlier edition of Net Worth the Wait, we covered index funds. A quick recap: an index fund is a
What Could Be Better Than Index Funds? Read More »
Accessing a Roth IRA is still possible for high income earners. It just requires a simple strategy. One of the most popular retirement accounts known to humankind is the Roth Individual Retirement Account (IRA). It’s an account where after-tax contributions grow tax-free, and withdrawals are also tax-free in retirement. The caveat is that as you
How High Earners Can Take Advantage of the Backdoor Roth IRA Read More »
Investing has become easier over time. The growing popularity of low-cost ETFs and mutual funds makes investing in your future more streamlined than ever. Yet, with ETFs and mutual funds, there is still an element of rebalancing and recalibration from time to time. While custodians offer automated rebalancing these days, as you get closer to
Target Date Funds Simplify Investing, But May Not Be Optimal Read More »
Why not save for medical expenses and retirement at the same time? Many retirement accounts provide tax advantages. A qualified retirement account (e.g., 401(k)) provides tax-deductible contributions and tax-deferred growth; a Roth IRA provides tax-free growth and tax-free withdrawals. There’s no account available under the IRS code that offers a federally approved triple-tax advantage, except
The Retirement Account Hidden Inside Your Health Insurance Read More »
As the age of Artificial Intelligence (AI) advances further and further, it seemingly has no limitations. Or at least no cap on its future potential. The rising popularity and use of Large Language Models (LLMs), such as ChatGPT, Claude, and Gemini, have prompted (no pun intended) individuals to increasingly rely more on these bots for
Using LLMs for Investment Advice Proves Risky Read More »
Investors have long sought to outperform the stock market, which has historically returned around 10% per year on average. While some have certainly achieved greater returns, identifying the right investments to do so is a difficult game — and one that, in most cases, proves to be a losing effort. The good news? Passively managed
Index Funds for Founders: Why They Beat the Pros Read More »
