Money Q and A has an editorial about the top 10 money questions being asked. I thought I?d share them as some of them are decent questions that a lot of folks have, and I cannot say I disagree with any of the answers.
?
5. Is it too late to invest in gold? ? I personally think that if you have not been in on the rapid of gold as of late, then you probably have missed the boat so to speak. It may be too late to invest much in gold and precious metals now that they have enjoyed an incredible rise over the past few years. I hate buying any investments near their all-time highs. Also, I caution people in investing too much of their total portfolio in these types of investments when their retirement portfolios should be geared towards index funds and other vanilla type investments.
?
7. Which should I invest in first: a 401k or a Roth IRA? ? The real question when you weigh the benefits of a Roth IRA over a 401k is all about taxes. Do you think that your tax rate is going to go up in the future? Do you think that the federal government will raise our taxes in the future? If you answered yes to either of these questions, then a Roth IRA is a superior investment option over the 401k retirement plan (assuming that your employer doesn?t match contributions). If you get matching contributions from your employer, then that should always be the first place that you invest. This is a 100% rate of return on your money in that case. Otherwise, you should maximize your Roth IRA and your spouse?s Roth IRA with retirement investments after that. Paying your taxes now at a lower rate and withdrawing future earnings tax free during retirement will result in a lower total tax bill assuming that your tax rate will increase in the future which we all hope for because it means that will be earning more in the future!
?
9. How much cash should I be holding in my portfolio? ? Recently, a study from MFS Investment Management found that too many young investors hold too much cash in their portfolios for their age. Young investors in Generations X and Y are shying away from the stock market thanks to its recent turmoil but doing so at a great devastation to their future retirement and investment earnings. There is no reason for someone in their 20s or 30s with several decades until they reach retirement age to hold more than 10% of their entire portfolio in cash and cash equivalent investments like online savings accounts, money market funds, and certificates of deposit.
?
Annuity Think Tank
Source: http://blog.annuitythinktank.com/archives/13887
wimbledon ray allen Savages Home Run Derby 2012 San Diego fireworks steve nash july 4th
No comments:
Post a Comment
Note: Only a member of this blog may post a comment.