Blog — IRA RSS

(Use three distinct accounts, or buckets, to build your financial foundation: IRA, long-term holdings, and cash accounts.) In my previous post, I shared some reasons why my IRA is my largest bucket of financial investments. Why the retirement account grew to be a substantial amount is noted in the post. The other reason it is a...

(Photo: Jeff with a well-earned martini.) After 40 years in the workforce, my largest pool of investment money is in my Individual Retirement Account (IRA). This is true for many of us that make a living by working for someone else. Here are the reasons why: 100 percent of the money saved to the account...

This is a story about a fictitious investment product. The investment does not exist. And while this story is based on the real world, there is no security called a Strategic High-Income Trust, at least not to my knowledge, and if there is actually such an investment, the following does not pertain to any specific...

Determining how much money you invest in stocks, bonds, and cash, as presented in my previous post, is an important early step in implementing your financial plan. It’s called your “asset allocation” and is based on your ability, need, and willingness to take financial risks. As your portfolio grows, and your income tax bill increases,...