Among the most important tools available to investors is diversification. Diversification allows an investor to reduce investment risks while potentially improving investment returns. But even though the benefits of diversification have been well-documented and widely explained by some 60 years of academic research, the concept is at first glance, counterintuitive. After all, why in the…
DetailsWhen the account holder of a Roth IRA dies, most of the rules applicable to the beneficiaries of Traditional IRAs apply. However, there are some specific rules that are unique to Roth IRAs, especially as it relates to non-spouse beneficiaries.
DetailsWhether you are currently divorced or you are going through a divorce, it is important to understand how social security benefits are impacted by the dissolution of your marriage.
DetailsLast February, Newsweek magazine ran a cover story entitled “We Are All Socialists Now” in which the authors, Jon Meacham and Evan Thomas wrote: “The America of 2009 is moving toward a modern European state” and “more government intrusion into the economy will almost surely limit growth as it has in Europe, where a big welfare state has caused chronic high unemployment” (Newsweek, February 16, 2009).
DetailsLook at the financial magazines at the airport newsstand or turn on CNBC and you will notice that most financial news stories cover topics such as the top investments and whether or not it is a good time to buy or sell stocks. These stories make great magazine headlines and compelling television, but they have very little to do with what it takes to be a successful investor.
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