Dividend stocks are equity investments that pay cash to investors on a regular basis. Investors often have different goals when buying dividend stocks, but each investor must decide whether to reinvest the dividend or take the cash.
Narrow Bridge Finance reader Yvonne sent in a question about IRA fees for her account at Meryl Lynch. She received a letter that said her annual account fee would be going up to $100 per year, and that didn’t pass her gut check. Here’s her question.
Your first job. Such a big milestone. For the first time ever, you are financially independent. You have moved on from being a broke college student to a successful young professional. Don’t get too comfy with that big paycheck, though, it is time to start investing.
When many of us think of interest, our thoughts go to credit cards and high interest rates. While compound interest can, indeed, be problematic, the truth is that, like so much in the financial world, interest can be a millstone or a tool.
Last week, John shared a great post on saving for retirement. Reader Diana took the post to heart, and she left us with a heartfelt comment about getting started on your retirement savings in your 40s. I’m in a similar scenario as Sheena and was about to ask the same question. Though – ours is …
Investing can be very intimidating to get started. While it is not a good idea for the typical investor to buy individual stocks, mutual funds and index funds are a great way to buy into the market for instant diversity at a low cost.
