If you’re enrolled in a 401k plan with your employer, you’re likely already using recurring contributions and automated investing. Part of your paycheck gets deposited into your 401k plan and automatically invested into your portfolio of mutual funds. Your retirement savings grow on autopilot without you having to remember to deposit money into your plan […]
Biden’s Inflation Reduction Act (IRA) in 2022 made a massive investment in climate, calling for $369 billion in tax incentives for investment in green energy, like solar projects. The tax benefits to come out of this make investing in solar projects the best tax saver for anyone with a high W-2 or business owner income. […]
Investors can defer taxes on capital gains, or eliminate them entirely, by investing in Qualified Opportunity Zones (QOZ) through Qualified Opportunity Funds (QOF). Created by the Tax Cuts and Jobs Act on December 22, 2017, Qualified Opportunity Zones (QOZ) are specific areas of land in the US that the government has designated as distressed areas […]
Average stock market returns: The stock market’s average annual return is 12.74% over the past 10 years, 8.14% over the past 20 years, 9.64% over the past 30 years, and 11.6% over the past 40 years. The S&P 500 was created in 1928, and the average return since then is 9.82%. However, it wasn’t until […]
The average expense ratio of index funds, ETFs, and mutual funds can vary depending on the specific fund, its asset class, the fund provider, and other factors. In this article, we’ll learn what an expense ratio is, how it’s calculated, the average expense ratio, and how it affects your portfolio. What is an expense ratio? […]
Active and passive investing are two approaches to managing investment portfolios. The main difference between the two lies in how investment decisions are made and how the portfolio is managed. TLDR; Active investing involves a human investor picking and choosing individual investments to try and outperform the market. The performance of an actively invested fund […]
Index funds, exchange-traded funds (also known as ETFs), and mutual funds are similar investment products. By doing one transaction, you’re able to own a small percentage of all its underlying assets. Instead of purchasing a single stock, or individually purchasing multiple different stocks, you can purchase one index that gives you access to a group […]
What is a robo-advisor? Robo-advisors are automated investment platforms that provide algorithm-based financial planning and portfolio management services with almost no human supervision. They use algorithms and mathematical models, developed by human investors, to manage investment portfolios automatically. A robo-advisor will assess your risk tolerance, determine your investment time horizon and goals, and build your […]
Imagine if you invested $1,000 into a cryptocurrency that skyrockets 10,000x over the next few years. Congratulations, you turned $1,000 into $10 million, which may sound outlandish, but isn’t as uncommon as you might think in the wild world of crypto and NFTs. Now imagine if the government told you that withdrawals on the entire […]
