Umbrella & Disability Insurance: Critical for Young Professionals

Umbrella & Disability Insurance: Critical for Young Professionals

Table of Contents What May Happen If You Skip Disability InsuranceDisability Insurance Protects Your Most Valuable Asset: YouShould You Get Umbrella Insurance Policy?How Does Umbrella Insurance Work?Use Umbrella Insurance with Your Existing Insurance PoliciesLTD and Umbrella Protect Future PaychecksHow Much Umbrella Insurance Do You Need?Critical, But Missed by Most Young Professionals Recently, we completed a…
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Health Savings Accounts (HSA) & High-Deductible Health Plans (HDHP) Defined

Health Savings Accounts (HSA) & High-Deductible Health Plans (HDHP) Defined

Table of Contents Health Savings Account (HSA) DefinedHigh-Deductible Health Plan (HDHP) DefinedWhy an HSA & HDHP Makes Sense for Young ProfessionalsHow to Use a Health Savings AccountHow to Use a High-Deductible Health PlanHealth Savings Account to Invest Like a Champ If you’re is looking for a way to be smarter with your money, you might want…
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Dividend Investing Defined (& 5 Reasons To Stay Away)

Dividend Investing Defined (& 5 Reasons To Stay Away)

If you pay attention to financial pundits and money blogs, you have probably heard at least a handful of “experts” praise dividend investing. Let’s define dividend investing. Simply put, “dividend investing” is investing in companies that make regular cash payments to their investors. Some dividend investors roll this cash back into their investment. This allows…
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Investing Fairy Tales are Expensive

Investing Fairy Tales are Expensive

Table of Contents Dividend InvestingAlternative InvestmentsThe Latest Tech StartupWhat’s Most Important to You: A Fairy Tale or Money?Cowboy AccountFairy Tales Don’t Make for Good Investment Returns When it comes to the way you invest your hard-earned cash, you have a big choice to make. You can: A.) earn the most money possible via a solid…
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Why the Stock Market Plunged

Why the Stock Market Plunged

A colleague on Twitter said it best: Everyone wants a fancy sounding reason for why the stock market goes down, but sometimes it’s as simple as ” because it went up a lot”. — Cullen Roche (@cullenroche) February 6, 2018 In case you missed it, the Dow dropped 4.6% yesterday, or 1175 points. It was…
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What is Bitcoin and Should Retirement Savers Invest in It?

What is Bitcoin and Should Retirement Savers Invest in It?

Table of Contents What is Bitcoin?Investing in Bitcoin: Two Challenges You’ll FacePro Tip: Invest as Much Money as You Can Stand to LoseA Final Warning on Cryptocurrency: Look Out for Security Holes What is Bitcoin and should you invest in it? I’m answering both of those questions today, in plain English! My goal is to help…
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Roth 401(k) vs Traditional 401(k)?

Roth 401(k) vs Traditional 401(k)?

Table of Contents Tax ArbitrageYou’ll Save More Money With a RothNo RMDs When You Rollover to a Roth IRAPick the Roth If you got a tax refund of $4,500, would you spend it or invest it? If you’re like most people, you’d be thrilled to see that cash land in your account. It could pay…
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What a Trump Presidency Means for Your 401(k)

A few nights before the election, my wife and I were out for a walk with our Jack-a-Bee. The topic of the presidency came up. Our conversation went something like this: Lien, my wife: Hilary is going to win the election. Me: I wouldn’t be so sure. Lien: All the polls show Hilary is in…
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