#401k

Nikhil Krishnan

nikillinit

the more I really dig into it, the less maxing out a 401(k) beyond the employer match seems to make sense (unless it's just so you resist drawing down your

Irv

thisisIRV

Annoys me when media outlets highlight how low mortgage rates are, but don’t mention the significant changes to underwriting and how you have to be in a much, much stronger

Bo Ren

Bosefina

PSA: I'm seeing a lot of young people write small angel checks as a hobby in their 20s. I think people only share the glamourizations of angel investing but not

Roger at UPshot Wealth 🚀

upshotwealth

$27.40 a day.That's how much you need in order to become a millionaire.Invest $27.40 a day ($10,000 a year) for 30 years with a 7% rate of return and you'll

Roger at UPshot Wealth 🚀

upshotwealth

HOW TO READ A PROSPECTUSA what?!It’s a document required by the SEC giving you details about an investment (stocks, bonds, mutual funds).Why should you care?Because it provides insights about fees,

Ron Caruthers

roncaruthers

1. Your 401k sucks beyond the match because you are postponing paying taxes on it AND on EVERYTHING THAT IT EARNS.And, you're postponing the calculation of the tax.So, what should

JustSwinginIt

SwinginIt

If you want to know what your company values you at (what you really make), you cant look at the gross income number.It is your gross income + ALL of

Roger at UPshot Wealth 🚀

upshotwealth

How do you develop a plan to reach a goal?Whether that goal be to:> retire comfortably > go on a vacation> buy a home> remodel a kitchen//THREAD// Step one: Keep

Aaron Pottichen

apottichen

Does #bitcoin belong as an investment option in a #401k? As of right now, I don't think so. here's a thread on why. 1/ When a company offers

Rachel Star 🌟

rachel_a_star

Despite a career as a professional investor, I’ve never felt totally confident about my own finances. Still haunted by that 2016 Prudential commercial (you know the one...), my first big

𝐓𝐡𝐞 𝐀𝐫𝐭 𝐨𝐟 𝐏𝐮𝐫𝐩𝐨𝐬𝐞 🇺🇸

creation247

Seven Steps to Pay $0 a Year in Taxes. LEGALLY(Step 3 is so much fun)//THREAD - 2021 Edition WARNINGThese are my personal experiences.They apply to those living in the United

Xavier Helgesen

XavierHelgesen

Going to celebrate all my new followers (thanks @ShaanVP) with a thread on why 2021 is the best time in modern history to buy a business and everyone with a

Lana Miles

ilanaariel

Walking through downtown LA today got me thinking. Homeless people on every corner - shuttered businesses - a sense of defeat lingering in the air.(continued in comments) As I’m walking

Thomas Kopelman

TKopelman

Okay I can’t lie I’m sick of advisors taking advantage of young people. A thread: A buddy of mine who’s a teacher met with an advisor at a B/D. He

Ann Lipton

AnnMLipton

So much for ESG funds as an option in ERISA plans. Meet DOL's new proposed rule:https://www.dol.gov/sites/dolgov/files/ebsa/temporary-postings/financial-factors-in-selecting-plan-investments-proposed-rule.pdf Note that under this interp

Twin Dad Money

twindadmoney

What is the difference between a taxable investment account & retirement accounts?I have been getting this question a ton in my coaching calls & in the DM'sSo let’s go through

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