Three Questions Worth Asking Before You Buy
Whether you are thinking about buying a house, a used car, or stock in a company, the same principle applies: you can turn a good product into a bad investment if you pay too much for it. That discipline matters most when excitement is high and details are easy to overlook — which is what tends to happen with an Initial Public Offering (IPO) of a private company going public. If you have followed financial news recently, you have heard about the SpaceX IPO. The numbers are staggering: a target valuation of approximately $1.75 trillion,[1] a planned capital raise of [...]
Three Things Your 401(k) Needs From You
A 401(k) is one of the best tools available for building retirement wealth. Pre-tax contributions. Tax-deferred growth. An employer match in many cases. Those are advantages you simply cannot replicate anywhere else. But none of that matters if you are not enrolled. After years of talking with clients and prospects about their retirement accounts, I have concluded that making the most of your 401(k) comes down to the same three things. Not complicated things. Just three things, done consistently, over time. First: Enroll and Max Out Your Contributions This sounds obvious, but it’s not as common as it should be. [...]