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.
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 … Read more
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.
I spoke with individuals on a daily basis for a number of years who were terrified about starting to save for retirement. It usually went back to a number of similar reasons, but what they all had in common was simply not knowing where to start. The thing is, saving for retirement, or investing in … Read more
A few months ago I talked about what to do if you felt that you could not afford to save for retirement and it spurred some good discussion for many that are facing that challenge. Another factor that many face in regards to saving for retirement is finding simple ways to do it and this … Read more
