Tag: ira
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Opinion: Don’t become a landlord — own these REITs instead
[ad_1] Who would be a landlord? The costs are high, the risks are huge, and the so-called passive income is uncertain. I did it once, and the paperwork alone was enough to drive me nuts. Even before considering the various hassles of finding good tenants; managing the property; and dealing with leaks, disputes, broken washing…
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I need some cash, can I borrow from my IRA?
[ad_1] Dear Dan, Are the rules for borrowing against an IRA different from those about borrowing from a 401(k)? I may need some cash and my IRA rolled over from an old 401(k) is my only savings. -Pat Dear Pat, The loan rules between 401(k)s and IRAs are completely different. You cannot borrow from your…
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Opinion: When Russia was NVIDIA — why you shouldn’t chase the stock-market darlings
[ad_1] Nvidia NVDA, -0.08% is probably the hottest stock on Wall Street. The computer chip giant has nearly tripled in value so far this year, mainly on surging excitement about the role its chips will play in artificial intelligence. “In AI, all roads lead to NVIDIA,” as the money managers at Baillie Gifford put it.…
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We’re 54, have $4.5 million in savings but don’t know how to withdraw it in retirement. What should we do?
[ad_1] My wife and I are both 54 years old and have accumulated a taxable account totaling $2.3 million, and retirement assets totaling $2.2 million. We hope to retire at 55, and we are wondering about the best way to take our distributions. Clearly we will not touch the qualified money until we reach 59½. …
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Gen Z’ers are the superstars of retirement savings as overall balances rise, and 401(k) loans drop
[ad_1] Despite fears of a potential recession, stubborn inflation and interest-rate hikes, Americans socked away more money for their retirement in the first quarter, especially the youngest workers, Generation Z, according to Fidelity Investment’s first-quarter analysis. In a review of 44.5 million retirement accounts, Fidelity found that account balances are up for the second quarter…
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Small-caps suck. Buy small-caps! – MarketWatch
[ad_1] If you own a small-cap stock fund in your retirement portfolio you may be wondering if it’s time to throw in the towel. Small-cap stocks, which these days means stocks with a capitalization or market value of less than about $10 billion, are on track for yet another dismal year. The Russell 2000 index…
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3 reasons not to leave behind your 401(k) when you retire
[ad_1] Should you stay or should you go? When you retire, should you move your 401(k) out of the company when you walk out the door? There’s three good arguments to keeping your 401(k) assets with you when you leave, rather than leaving them with your former employer. Leaving behind your assets comes with some…