Beginner Investing

Roth IRA at 21: Max It Out and Live Your Life

by
Roth IRA at 21 turns $625 a month into over $7 million by retirement. Here is how to set it and live your life without pinching pennies.

A Roth IRA at 21 sounds like something for later. It is not. If you start investing in a Roth IRA at 21 and do one simple thing every year until you retire, you can end up with millions of dollars and never have to think hard about money again. No spreadsheets, no stock picking, … Read more

Market Volatility and Your Money: What to Do Right Now

by
Market volatility is making investors nervous. Here's why staying the course is the smartest move you can make with your money right now.

Market volatility is loud right now. The headlines are dramatic, the numbers are moving fast, and if you’ve been checking your portfolio more than usual, you’re not alone. If you want straightforward investing guidance delivered straight to your inbox every month, sign up for the Simple Finance Bytes newsletter. Here’s the thing — the right … Read more

Market Drops: Why Smart Investors Do Nothing

by
Market drops are normal. Here is exactly what simple investors do when stocks fall and why doing nothing is the smartest move.

Market drops happened this week. The Dow fell over 1,000 points on Wednesday. The S&P 500 and Nasdaq followed. If you checked your account and felt your stomach drop along with it, you are not alone. Nearly three quarters of Americans already felt negative about the economy before this week started. Here is what a … Read more