Today we have a guest post from Miles Young. Miles is a freelance writer who writes about travel, finance, and bugeting… Many people choose to put their money in a traditional IRA because they don’t want to pay taxes on the money they contribute. For 2013, anyone under 50 can contribute $5,500 (those over 50 …
Tag Archive: Investing
Feb 20
Should I Rebalance My 401k?
Chances are, if you’re in the workforce today your company no longer offers a defined-benefit pension plan. Those have pretty much gone the way of the dinosaurs and been replaced with defined-contribution plans instead, also known as 401k plans. Whether this switch is to the benefit of employers or employees is the subject of some …
Feb 07
Getting A Grasp On Foreign Exchange
The following is a guest post… Forex, which is short for foreign exchange, is a method of investment that has grown more and more common over the years. Traditionally only used by high-powered corporations and huge banks, the Forex market has opened up to individual investors as well thanks to popularity and technology. However, in …
Jan 16
What is an Offshore Investment?
When you think of investing, what is the first thing that comes to mind? I’m guessing you thought of stocks and bonds right away. You may have also thought about real estate, bank accounts, and commodities. But I’m going to guess that one form of investing you didn’t think of was putting money into an …
Jul 30
Retirement Planning at a New Job
I have a friend who is in the middle of switching jobs and asked for some advice on what to do regarding setting up her retirement account at the new employer. In today’s job market switching jobs is a very common occurrence. I’ve seen statistics that individuals entering the workforce today will switch jobs anywhere …







