Why should people choose a Roth IRA?

May 6, 2020     

ROTH IRA’s (Individual Retirement Account) are flexible retirement accounts for individuals who are looking for a tax advantage retirement savings vehicle.  There are many ways in which ROTH IRA’s can be more beneficial than traditional IRA’s. One being that the account owner’s money grows tax-free.  Also, there are no minimums to open this type of retirement account. It is like a traditional IRA because the maximum contribution is the same ($6,000 per year).   It differs from other investment accounts because the money in the Read More

What you Need to Know about Mutual Funds & ETF’s

May 6, 2020     

Mutual Funds A Mutual fund is a combination of many stocks and bonds. The mutual fund pools cash, giving the investor the ability to purchase small pieces of stocks, bonds, or a collection of assets, and simultaneously providing investors a cheap way to diversify and reap market gains, while still hedging against losses.  Professionals manage the Read More

What you Need to Know about Stocks & Bonds

May 6, 2020     

Stocks A stock is an investment; when you purchase a company’s stock, you’re purchasing a small piece of that company.  The piece that you purchase is called a share.  When you own stock in a company, you are a shareholder because you share in the company’s profits or losses.  As a shareholder, you technically are part-owner of the company; Read More