As you move on to new opportunities, it’s important to not forget about your old 401(k) or 403(b). These accounts are likely a big part of your retirement savings! So, it’s important to know your options when it comes to what you can do with these accounts.
Tag Archives: stocks
5 Questions to Ask Your Financial Advisor Before a Recession
While the U.S. is not currently in a recession, it is a very likely future. Working with a trusted financial advisor is one of the best ways to get through a recession unharmed. They should be able to guide you through this tough time with minimal losses. In order for them to do so, you both need to know what your expectations and goals are. Here are 5 important questions to ask your financial advisor that will help spark conversation.
A Warning from the 1970s
You’re probably wondering why we are bringing up the 1970s economy in 2022. It’s because many economists see the United States possibly going down a very similar path that could result in another recession.
You Need to Take Emotions Out of Investing
Instead of risking your retirement savings on individual stocks due to overconfidence and fear of missing out, it’s important to take action to protect your money against future economic hardships.
Is Bitcoin Safe from The Government?
Many people are investing in digital currency with the belief that it is safe from government overreach and economic trouble. Although cryptocurrencies operate independently from third parties through their own trusted technologies, that does not mean that governments cannot indirectly affect your investments in them. They can still heavily tax your investment, penalize you for them, and restrict your access to them in some form. Bitcoin can be a good investment if you go into it with an informed mindset, and a dangerous one if you don’t.