by John | May 3, 2018 | Financial Education & Coaching, Investing, Personal Finance, Q and A |
Q. Every time I make a contribution to my traditional IRA and shares of the mutual find are purchased, I’m charged a 5.5% broker fee on my investment. Are my mutual fund fees to high? I have a traditional IRA with Principal Funds. Every time I make a...
by John | May 1, 2018 | Debt, Q and A |
Q. Should I keep saving 10% of my paycheck or use it to pay off $15,000 of credit card debt faster? I am 25 years old and I have $15,000 in credit card debt. I’ve started budgeting and saving 10% of my paycheck in a savings account. I now have a little over...
by John | Apr 26, 2018 | Investing, Personal Finance, Q and A |
Q. As a 62-year-old who plans to retire in four years, is it an appropriate time to move my short-term investments into stocks and bonds? Should I own stock in retirement? I am 62 years old and my retirement account is heavily invested in short-term investments. I...
by John | Apr 24, 2018 | Financial Education & Coaching, Investing, Q and A |
Q. Is investing in dividend stocks a good strategy for saving for retirement? I recently heard about buying into stocks that pay out per quarter, or monthly, based on the number of shares you own. I’ve also heard that these payouts, or dividends, can help in...
by John | Apr 19, 2018 | Debt, Personal Finance, Q and A |
Q. I will retire in 2018 with $210,000 in my 401(k), a $3,000 pension payment and social security benefits. Should I use my 401(k) to pay off my $85,000 mortgage, which will cut my living expenses in half? Does it make sense to use a 401k account to pay off your...
