How Long Does a Bear Market Last? Remember These 3 Things
Bear markets often recover faster than we remember. Michael Lynch, a financial planner formerly onsite at ESPN, shows why with hypothetical portfolios.
Bear markets often recover faster than we remember. Michael Lynch, a financial planner formerly onsite at ESPN, shows why with hypothetical portfolios.
The authors of Finding Your Financial Advisor share 4 keys to choosing one you'll love, with red flags to watch out for and important questions to ask.
What does financial freedom mean to you? Explore 4 unique visions of financial freedom and learn how Quicken can help you reach those dreams with confidence.
401(k)s and IRAs are great for building your retirement savings. Can you have both at once? Yes! Here's what you need to know about managing your contributions.
Anyone who even dabbles in investing has noted Tesla’s meteoric rise over the last year—a whopping 765% increase as of the time of this writing. The company’s stated mission? “Accelerating the world's transition to sustainable energy.” (Just ask Google.)
But Tesla isn’t the only company making financial waves with a purpose-driven mission. As the world emerges from one of the most challenging years in memory, companies and investors alike are trying to do better—both financially and philanthropically.
If you've been monitoring your investment portfolio lately, you’ve likely had some anxiety.
With businesses and states shut down in varying degrees, unemployment in the double digits, and a stock market that swung from record highs in February to a 35% drop a month later, being an investor is as unpredictable as it’s ever been. This volatility and uncertainty can feel especially daunting if you’re planning to retire in the near future.
Many companies offer an employer-sponsored retirement plan, such as a 401(k) or 403(b), and match a portion of their employees’ contributions. The company match is often referred to as free money, and it’s a great perk. But if you’re starting a new job, you’ll want to review the plan’s vesting schedule—the rate at which the company’s contributions become yours to keep.
Here’s everything you need to know about vesting in your 401(k) and other employer-sponsored retirement plans.
Prudent investors keep an eye on their money and ensure they’re sticking to their plan for the future. Whether you primarily manage your own investments or work with a professional money manager, the right investment tracking software can make this an easy task.
But there are dozens of options to choose from, each with its benefits and drawbacks. Here are a few of the features you should look for before signing up for portfolio tracking software.
Interest is the extra money you pay when you borrow money from a lender. You have to pay back the amount you borrowed, plus interest. Interest is also the money you earn when you deposit and save your money in certain bank accounts.
Interest can be calculated as either simple interest or compound interest. This post will walk you through the difference between simple vs. compound interest and how they both work.