Nope, that’s not a typo. There’s a new retirement plan that some employers are offering, and it’s called the Roth 401 (k). Much like the name sounds, it’s basically a hybrid of the Roth IRA and 401 (k). Here are some of the Roth 401 (k) features:
After-tax contributions. You don’t get a tax break in [...]
Popularity: 20% [?]
A question I’ve been asking myself a lot lately is should I pay down my debt or invest my extra money each month? For folks with high interest credit-card debt, the choice is simple - pay off the debt. But here’s the debts that I current have:
Mortgage at 5.55%
Two car loans, each at 5.29%
Credit card [...]
Popularity: 12% [?]
Anytime you talk about investing money, the topic of "when to sell" always comes up. After all, there are two parts to an investment - buying, and selling to take your earnings. New investors ( like myself ) commonly make one mistake:
They have an itchy trigger finger
The biggest problem that newbies have is that we [...]
Popularity: 10% [?]
Normally when you buy stocks, you pay a commission fee for each trade. Not so with Zecco. As long as you have at least $2500 invested with them, you get your first 10 trades per month for free. If you’re a trade-a-holic, then you will pay $4.50 after the 10th trade. For most smart investors [...]
Popularity: 10% [?]
Nearly all employers these days offer a 401(k) as part of the benefits package. And quite a few folks contribute at least something to these plans. You are contributing to your 401(k), aren’t you? Since you’re a Llama Money reader, I’ll assume you already contribute as much as you need to so that you max [...]
Popularity: 18% [?]
November is behind us, and here is the second installment of my net worth report. Simply click on the picture to the left to get a legible version of my net worth.
Liquid Assets
My liquid assets took a huge beating this past month. The main reason for this is that I plunked a big chunk [...]
Popularity: 17% [?]
