Target-Date Funds: Find a More Secure Path to Retirement
Jun09

Target-Date Funds: Find a More Secure Path to Retirement

Asset allocation determines the blend of investments in each portfolio; the process seeks to maximize value based on one’s time horizon and tolerance for risk. A target-date fund offers specific asset allocations and investment selections for specific objectives. It automatically resets the asset mix of equities and fixed income assets in its portfolio according to a time frame specified by an investor. Target-date funds are grounded...

Read More
Should I Invest in a Regular or Roth IRA?
Mar13

Should I Invest in a Regular or Roth IRA?

Saving for retirement is something many Americans are not doing, and this decision will inevitably haunt them in their later years. For those who are interested in pursuing retirement plans, making investment decisions could seem overwhelming. (Check out “How to Make a Budget to Save for Retirement” to get some basic info.) For example, how does one figure out if they should invest in a regular or a Roth IRA? Let us break...

Read More
7 Common Retirement Problems {INFOGRAPHIC}
May13

7 Common Retirement Problems {INFOGRAPHIC}

Do you know how much you need to save for retirement? If not, here’s an awesome inforgraph. If you see your retirement as a problem, you are not alone. Numerous surveys indicate that a staggering number of Americans are not saving enough for a decent retirement and many American workers doesn’t to budget savings at all. The infograph below shows the lack of preparation among a vast number of Americans and how it affects...

Read More
4 Steps to Start Investing
May08

4 Steps to Start Investing

There is a lot of information out there on what investing is, and how to tackle risk etc. but there are very few places where they actually give you a guide on how to get started. So I will outline some of my experiences on how I got started and what I was thinking about, simply in 4 steps to start investing. 1) Initial Capital and Saving Scheme My initial capital was a shy $2,000, which I had earned from selling ice cream all summer,...

Read More
Interview With SprinkleBit CEO: How To Improve Your Financial Literacy {VIDEO}
Apr10

Interview With SprinkleBit CEO: How To Improve Your Financial Literacy {VIDEO}

Alexander Wallin On Financial Literacy Since April is Financial Literacy Month, we sat down with our CEO, Alexander Wallin, to pick his brain about how he got started investing, where he learned his finance lessons, what he sees are the biggest mistakes that people make when it comes to their own finances, and how they can improve their financial literacy to take better control of their money. Alex started investing when he was 14...

Read More
4 Retirement Savings Tips For Everyone Under 30
Apr03

4 Retirement Savings Tips For Everyone Under 30

Retirement Savings: Practice What You Preach I’m rapidly approaching 26 and I have yet to set up a retirement plan. There’s a certain irony in this, since I happen to run a startup whose mission it is to make investing within reach for everyone, a big part of which is stressing the importance of financial literacy and education. It’s probably about time I eat my own dog food. That said, I figured I would reflect on some retirement...

Read More