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How to invest

Self-Employed Retirement Magic

It's much harder to save when you're self-employed. Nobody in HR is going to coax you out for a power point, some coffee and a few prospectuses—and then set up automatic contributions for you. You have to do it yourself. And you must. And with...

A 401k No-No

Dear DailyWorth, I recently heard that a co-worker used some of his 401k money to pay off a credit card. I am 27, and have $11,000 in credit card debt. Should I do the same? ~ Katie M Dear Katie, GACK! NO. And here's why: It will cost you a...

Just 4% of Venture Capital To Women

  While the number of women-owned businesses has increased exponentially over the past decade, we're not raising venture capital to grow our businesses.What is venture capital, and why should it be on your radar? Venture capital (VC) is a type of...

5 Reasons We Love Index Funds

Galia Gichon is the founder of Down-To-Earth Finance.An index fund is a mutual fund that duplicates as closely as possible the performance of a particular stock market or bond benchmark, such as the S&P 500, the Nasdaq 100, the Dow Jones...

Investing 101: Why, What, and How

Before you figure out how you should invest, it's important to understand why you should invest to begin with and what your investment options are. The more information you have, the better position you’re in to decide how you want to answer the...

The 529 Plan = Smart College Savings

A private college education could cost more than $400,000 in 18 years. 529 plans are federal tax-free savings funds specifically designed to help you save for your kids' college expenses. Some parents open a 529 plan when their child is born. If...

Roll, Baby. Roll

Starting in January of 2010, anyone with a traditional IRA will be able to convert to a Roth IRA, even if your adjusted gross income is more than $100,000 per year. You'll have two years to pay taxes on any tax-deductible contributions you've...

Your Appetite for Risk

Investment portfolios should be properly diversified. Your distribution of stocks, bonds and cash should reflect your age, risk tolerance and retirement goals. The younger you are, the more you'll want stocks over bonds, high growth companies...

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