With the holidays upon us, we’re getting a lot of questions from folks who want to know how to give stock as a gift to young children. RELATED: 8 ways to start investing when you only have $100 or less Buying stock for kids: The gift that keeps giving! One reader named Jimmy wrote in
Looking for cheap ways to keep the kids entertained this summer? Look no further than your local movie theater! Regal has a slate of summer movies for kids at a great price point: Just $1. And they’re just one of several major theater chains across the country that have one buck movies for kids when
Mutual Fund Supermarkets With a mutual fund, you get access to a bundle of securities that’s managed by a portfolio manager, which means your money will be well-diversified. The diversification element of spreading your money out across hundreds or thousands of individual companies is similar to what you’d get with an index fund. But the
As an alternative to a ‘set it and forget it’ investment like a target retirement fund, you can fill your Roth IRA account with index funds or mutual funds of your choice. An index fund is a cousin of a mutual fund where you own all or almost all of one particular kind of investment.
If you’re overwhelmed by the idea of investing for retirement, there is no easier choice than a target retirement fund. Here’s how they work: You select the fund with the year closest to when you want to retire and simply put all your money into it. Then the fund manager adjusts the stocks to bonds
Unless you want to keep working forever, you’ve got to learn how to save more today for your retirement tomorrow. According to a Fidelity study, 55% of Americans are at risk of not being able to afford essential living expenses in retirement, such as housing, health care and food. Maybe that number includes you. Maybe
We as Americans are the most generous people on Earth. That’s not just an opinion — it’s a fact! Recent research from the Charities Aid Foundation found U.S. citizens give the most money to charity relative to our nation’s gross domestic product. In the modern age, much of our charitable giving has moved from church pews
When it comes to investing, keeping costs low is the name of the game. That’s because management fees and annual expenses can take a big bite out of your money. In fact, paying just 1% more in annual fees can mean you’ll have $80,000 less in retirement! Money expert Clark Howard has long advocated investing