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Yes and no. Avoid putting too much faith in “best” lists, but realize that at least three of these are probably going to irrefutable and fundamentally sound bits of advice, and probably delivered in a...
Sector ETFs hold a portfolio of stocks and other securities that represent a specific sector of the market. Sector ETFS are managed portfolios of securities which are representative of a specific ind...
A covered straddle is a bullish options strategy, where the investors write the same number of puts and calls with the same expiration and strike price on a security owned by the investor. If an inve...
By law, your plan administrator (employer) must allow you to change your allocation at least quarterly, but most plans allow for more frequent changes. Generally speaking, you can change your allocat...
If you are eligible to make Roth IRA contributions, you can fund an account for yourself and a non-working spouse, up to the contribution limits. As of 2016, if you are under 50 years old, you are al...
529 plans are accounts designed to help families save for the future college expenses of young family members. A 529 Plan is designed to help you save money now to pay your child’s college expenses la...
FICA (Federal Insurance Contributions Act) taxes are handled by the Social Security Administration, as they are payroll withholdings that go toward Social Security and Medicare funds. Most people wil...
The prime rate is the lowest interest rate that banks will charge on loans at a given time, based on the Federal Funds Rate. Individual banks set their own prime rate, which they may also call their ...
A Certificate of Deposit, commonly referred to as a CD, is a financial product that essentially pays risk-free interest (though typically at very low rates). CDs are typically offered by banks and cr...
Gross Domestic Product (GDP) measures the production of all industries within a country, to get a picture of how the national economy is doing. GDP is one of the most important number to economists, a...
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