I’ve been an advocate of index funds for the past, well ever. I bought into my first index fund while I was a college student at 18. I strongly believe that for the average 401K investor stock index funds are an excellent tool to build wealth. And I will continue …
This article will teach you why it may be a good idea to stop contributing to your 401K to build more wealth and be more tax efficient. For the past 20 years I’ve been enamored with retirement accounts. I have an IRA, a 401K and a Roth IRA, all of …
In 2016 I did my research and invested $12,000 into Tesla Stock in my retirement accounts. My average purchase price per share was right around $200. With Tesla today trading at $1,740 I’ve had a heck of a run. The disciplined investor in me wants to sell my winner and buy …
A report issued last week shows that the US savings rate has skyrocketed to 33% for the month of April. This is an increase from the 13.1% it was in March and the roughly 7% to 8% throughout the past year. The savings rate is calculated on after tax income. …