Search Results for: Mutual Funds
Pros & Cons of Bond Funds
A bond fund–sometimes referred to as an income fund–is a type of investment that uses pooled money from a number of investors to purchase interest-bearing or dividend-producing securities. These investments include government or corporate bonds, bank certificates of deposit, preferred stock and commercial paper, according to the U.S. Securities and Exchange Commission. There are significant advantages and disadvantages to investing in bond funds.
5 Ways to Invest Money in the Bank
Banks may seem all-powerful, but without individuals and companies providing the funds, banks cannot operate. Whether you choose to invest in a simple savings account or in stock purchases made through your bank, investing in your bank can help the business and your own personal financial savings.
Investment Plans for Kids
Even before your little one is born, you start to worry about her future. The expenses that children have — especially large ones like college — can quickly add up, so it’s smart to look into investment plans for kids. When you invest small amounts regularly, those investments can grow into a much larger amount of money for your child’s future.
Divorce & IRA Accounts
During the course of a divorce, any assets you and your spouse had will need to be divided. With the help of your lawyers or a mediator, you will decide who gets what property, how to divide your savings and how to divvy up the retirement accounts. Splitting up the 401(k)s and the IRAs is a bit trickier than simply dividing a regular savings account.
Ways to Create an IRA
Starting an individual retirement account can seem like a daunting task; however, if you have money to invest and want to save for retirement, it is a viable option. Understanding the difference in the three ways to start an IRA can help you choose the option that is best for you.