Category: Investing
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A 401k is a retirement plan set up by your employer. You redirect a percentage of your salary to this plan on either a pre-tax or post-tax basis. Many companies offer a match where they will add the same amount to your 401k as you add. This money is also invested for you so it…
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Stocks Stocks are a small piece (or share) of ownership in an individual company. When the value of the company increases, you earn money on each share. When the company value decreases, you lose money for each share. Bonds Bonds are a form of debt that you buy from a corporation or the government. You’d…
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The company match is often overlooked, but it is very important for getting the most out of your retirement fund, and your paycheck. The company match is when your employer offers to meet your contribution to your retirement fund. Some companies will match your entire investment, although it’s also common to match up to a…
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Robinhood is an app that allows commission free stock trading right on your phone, and soon to be online too. Most brokerages charge you every time you buy and sell stocks, but Robinhood allows you to make trades for free. They don’t have a lot of the bells and whistles of traditional brokerages which allows them…
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Compound interest is very important to understand so you can get the most out of your money. It is when you earn interest on the interest you’ve already earned on an investment. When you invest money in a retirement account you earn interest on that principal sum every period, annually or monthly. The key to…
Advise & Conquer 