by The FundPicker | Investing, Retirement
When should I start saving for retirement? The simple answer, now! The power of long periods of compounding is huge. Therefore you should start saving for retirement as early as you possibly can. But don’t take my word for it, let’s look at the math. Take...
by The FundPicker | Investing, Retirement
Target Date funds are retirement mutual funds that have exploded in recent years. Many of us have seen them – offerings from Fidelity, Vanguard, or a whole host of others. They’re easy to pick and easily marketed – Fidelity Freedom 2010, Fidelity...
by The FundPicker | Investing
The stock markets have been crushed over the last 18 months and in our neverending search for safety and security combined with great returns, we have seen a seemingly mindnumbing amount of commercials and print telling you to invest in gold. However, don’t get...
by The FundPicker | Investing, Retirement
Most employers who offer a 401k or similar employer sponsored retirement plan offer some sort of match. By using this as your primary savings for retirement you can increase the value of your savings while bringing home a larger paycheck. Let’s take a look at an...
by The FundPicker | General, Personal Finance
Remember the recovery rebate credit you probably received last year? The $150 billion plus program (which now seems pretty small, actually) was designed to stimulate the economy by providing $600 per adult and $300 per child, stated simply. However, you can still...
by The FundPicker | Budgeting, Frugal Living, General
There are multiple ways to eliminate your credit card debt, but one of the easiest and most rewarding is through the snowball method. How does it work? You set out to pay a fixed amount per month which is over and above what the minimum payments are. The excess...
