Are you thinking about opening a 529 College Savings Account for your grandchild? It may be more advantageous to make a financial gift to your grandchild instead. We’ll dive into why grandparents may want to shy away from opening their own 529 College Savings Accounts for a grandchild – and what method might leave everyone…
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Bid-Ask Spread: Why Free Trades Aren’t Free
Table of Contents Common Investing FeesThe Bid-Ask SpreadThe Psychology of Free TradingBid-Ask Spreads Gone WildSometimes You Pay the Bid-Ask Spread TwiceDon’t Fall for Free Trading Wouldn’t it be great if trades were free? A newer investing platform that comes with its own snazzy app aims to do just that. It’s called Robinhood. But does it…
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The Right Way to Use Homeowners Insurance
Table of Contents You May Be Paying Too Much for Homeowners InsuranceHomeowners Insurance to Protect the Big StuffFlood InsuranceEarthquake InsuranceThe Right Way to Use Homeowners Insurance Homeowners insurance is more than just another bill we have to pay every year. It’s the price we pay for peace of mind if our property is damaged or…
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The Smart Way to Save Money on Auto Insurance
Table of Contents Auto Insurance You NeedAuto Insurance You May Not NeedAuto Insurance Coverage to SkipHow to Save Money on Auto Insurance Are you trying to save money on auto insurance? I’ve got some simple advice that can help you save hundreds of dollars on your auto insurance policy. Every year, thousands of people make…
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New Inherited IRA Rules: How to Avoid a Major Mistake With Your Retirement Beneficiaries
Table of Contents First, What Were the Old Inherited IRA Rules?What are the New 2020 Inherited IRA Rules and How Does it Impact Beneficiaries?Do all Beneficiaries Lose the Stretch IRA?How Do I Know if the New Inherited IRA Rules Affect My Beneficiaries?How Do I Fix This?What Should I Do If I’m Unsure About the New…
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Investment Policy Statement (IPS) Defined + Free Sample
Table of Contents Think the IPS has to be complicated? Think again!Information Included on an Investment Policy StatementDo Individual Investors Need an Investment Policy Statement (IPS)?How Can the IPS Help You Better Invest Your Money?The Investment Policy Statement (IPS) is Critical to Financial Success The Investment Policy Statement (IPS) is a document that dictates how…
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How to Avoid Money Mistakes When Making Big Life Changes
Table of Contents Two Key Money HabitsBig Life Changes Often Mean Less IncomeCase Study: A Typical American WorkerThe Fallacy of “Living Within Your Means”How Joe’s Life Could Be DifferentSave Now to Make Your Life Change a Reality Anytime you consider making a big life change, there’s at least one issue you’ll always have to contend…
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Save 95% On Investment Fees With This Proven Strategy
If you’re anything like me, you’ve snagged some pretty awesome stuff on sale, especially around the holidays. What if I told you it was possible to get a crazy deal on something you want – and to heck with 20% off. How about 95% off? Yes, you can actually save 95% on something you want,…
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