Quotes About Investment

you have less than $100,000 in a Roth IRA:

Money you spend today is money that will not be able to grow and help you reach your most important future goals

Making smart choices in your 50s and 60s will give you the gift of not having to worry about finances in your 70s, 80s, and 90s.

you will not owe any withdrawal penalties.

If you do not need to live off your pension and you want to leave this money to your heirs, you would be better off taking the lump sum and doing a rollover rather than opting for the annuity payment.

Once you have a trust, you must decide what assets to put inside the trust. This is called funding the trust, and it requires changing the title of ownership of that asset to the trust. Common assets that you will want to consider owning inside the trust include any real estate you own, and bank and investment accounts that are not retirement accounts.

by the time your child is a senior in high school you will want to have the bulk of your account in conservative investments; it is too risky to have your money invested in stocks when you know you will need that money in one to five years.

There are no loans for retirement.

Owning a home is a keystone of wealth…both financial affluence and emotional security

Those are just examples; my advice is to search for the lowest-cost Treasury options at whatever brokerage you have your money with. Just remember: With a mutual fund you never should pay any sales commission, called a load. And check whether your brokerage offers Treasury ETFs that you can buy and sell without paying a sales commission.

Invest in the known versus the unknown.

am not suggesting you keep all your money in stocks. No way! My message is that you should keep some money in stocks. If you are in your 50s and 60s today, depending on your situation, you should already have a significant portion of your portfolio—maybe half—invested in bonds. But the other half of your investable assets most likely are in stocks.

Retirement saving must take precedence over paying for college.

If you have been following my advice for years, you are well aware that I think a Roth IRA is the best retirement account you can have.

At a minimum I want you to figure out a way to set aside 15% of your pre-tax salary each and every year, starting as early as possible. If you wait until your 40s and 50s to get serious about saving, you will need to set aside 25% or more of your gross salary.

STEP 1. Save in a 401(k) plan if your employer offers a matching contribution. Contribute enough to qualify for the maximum company match.

STEP 2. Contribute to a Roth IRA.

STEP 3. Increase your 401(k) contributions.

I'm going to use my good old suitcase metaphor one more time: A mutual fund is like a suitcase that holds dozens—and often hundreds—of individual stocks. If you like what is packed inside the suitcase, then you simply purchase shares of that mutual fund and, voilà, you are the proud owner of a small fraction of each one of the holdings in that suitcase. This gives you instant diversification, even though you bought just one mutual fund.

You want to make sure you have many different types of stock funds (large-, mid-, and small-cap, as well as growth and value) represented.

you can invest through TreasuryDirect.gov. Just remember to stick with shorter-term issues—maturities of five years or less.

You can open a Roth IRA account at almost any financial institution, from credit unions to discount brokerages such as Fidelity Investments, Charles Schwab, TD Ameritrade, and Vanguard.

You want your diversified stock portfolio to include stocks from different industries, large companies, small companies, companies here in the United States, foreign companies, new companies, and old companies.

Accelerating your mortgage payments is something to be considered only if you are in good financial shape. That means: • You have an eight-month emergency savings fund. • You do not have any credit card debt. • You own your car outright, and you are saving for when you will need to purchase another car.