The following article is an informative video on getting rich with stocks, real estate and mutual fund investing:
Monday, July 3, 2017
Friday, June 30, 2017
Invest in a 401(K) or a Roth IRA?
Should I invest in a 401(K) or Roth IRA? I would contribute first to a 401(k) plan that is sponsored by your work. The reason being is so that you can take advantage of a employer match. For example, if your employer matches a contribution at 6%, they have basically given you free money. If your salary is $50,000.00, and you have 6% of your salary taken out of your pay check to contribute to the 401(K), and your employer matches 6%, for a given year, your employer has given you $3,000.00 of free money.
If you have money that you can save for retirement after you have invested in a 401(K) up to the employer match, it might be a good idea to put it in a Roth IRA. With a Roth IRA, your money will grow tax-free until you reach the retirement age of 59 1/2.
If you have money that you can save for retirement after you have invested in a 401(K) up to the employer match, it might be a good idea to put it in a Roth IRA. With a Roth IRA, your money will grow tax-free until you reach the retirement age of 59 1/2.
Wednesday, June 28, 2017
Stock Market Today - Still on Fiyah!
The stock markets in the U.S. today are still on fire! All equity indexes are at or near all-time highs. The Dow Jones Industrial (DJIA) average gained 140 points today to close at 21,454. The S&P 500 average gained 21 points to close at 2,240, its best day in two months; the S&P 500 is trading at a forward price earnings (P/E) of 17.5 times earnings. Lastly, the NASDAQ keeps flirting with new highs too.
Friday, June 23, 2017
The Economy of India - The Final Frontier
Much has been said about the country of India's economy. During the last quarter, the Indian economy checked in with an impressive 6.1% growth rate. The pundits argue that the economy is slowing. However, the International Monetary Fund (IMF) projects an explosive Gross Domestic Product (GDP) growth rate of 7.2% in 2018, and 7.7% in 2019; this compares to a dismal 1.9% growth rate for the United States GDP during the Socialist's Obama administration.
Though inequality and the caste system prevail in the economy, the growth prospects are impressive; three to four times that of the United States economy! So is India now the land of opportunity? Will the incredible growth rates continue? Will India be a good place to invest? Time will tell.
Though inequality and the caste system prevail in the economy, the growth prospects are impressive; three to four times that of the United States economy! So is India now the land of opportunity? Will the incredible growth rates continue? Will India be a good place to invest? Time will tell.
Monday, June 19, 2017
Church and Dwight (Ticker NYSE: CHD)
Church and Dwight (Ticker NYSE: CHD) - Today's closing price: $53.75; Price-to-earnings ratio: 29.37; dividend yield: 1.43%; maker of Arm and Hammer products.
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