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Yesterday I laid out the risks and rewards of investing and trading stocks online.
As I said, it's easy to do and actually kind of fun, but like going to Vegas, you have to be able to walk away from the table if you're losing money.
To help you avoid that, if you really want to start trading...
Read More | Oct 31st, 2007 | Comments: 1 | Last Comment: Nov 1st, 2007
My friend and I were texting each other about the Red Sox World Series rout the other night -- way to go Sockies, how to beat 'dem Rockies! -- and, both being Boston natives, were having a grand old time.
My pal won some money on the Series and had a strange question for me. Or maybe my friend is...
Read More | Oct 30th, 2007
You may not realize it, but in the 401K market, where the fees you pay to the advisors who manage your plan can mean the difference, financially speaking, between a so-so retirement and a great one.
How so? Check out the scenario laid out by the U.S. Employee Benefits Security Administration: For...
Read More | Oct 24th, 2007
In our last blog, I recommended that, whether you work with a broker or adviser or you trade on your own, you should always monitor your investments. By keeping an eye on your investments, you can prevent minor mistakes from turning into big problems.
Mastering the following steps will allow you...
Read More | Oct 16th, 2007
Most 401(k) brochures that mutual fund companies hand out to companies are masters of the obvious – they don’t dig down and give employees the critical information needed to get the most out of a 401(k) plan. That’s an unhealthy situation for legions of 401(k) investors who deserve...
Read More | Oct 12th, 2007