Investing

Avoid these 7 common retirement investing mistakes

bikeriderlondon/Shutterstock.com Not taking full advantage of tax breaks A person’s actual investments can be less important than the types of accounts used for retirement investing. The tax-favorable 401(k) plans and individual retirement accounts, or IRAs, are a huge leg up in getting to retirement because they enable your tax-deferred earnings to compound. It’s unwise to […]

Investing

7 low-risk investments with modest returns

Halfpoint/Shutterstock.com Savings accounts A savings account at a bank, thrift or credit union might not technically be an investment unless it earns interest, and even then, the return is likely to be low or minuscule in today’s low interest-rate environment. Still, a savings account is completely safe in the sense that you’ll never lose money. […]

Investing

Watch how a Trump presidency affects you

President Trump … and the effects he could have on your wallet. Where things stand The job market is gaining strength. Unemployment is relatively low while consumer confidence is high. The stock market’s main averages reached their highest numbers in more than 16 years. The housing market has recovered largely from the recession-causing collapse. The […]

Investing

Bond yields to edge higher in 2017

Bonds In 2017, the Fed and the economy are the big unknowns. “People seem to think the Fed’s going to do three rate hikes,” says Greg McBride, CFA, Bankrate’s senior vice president and chief financial analyst. “But don’t start carving that in stone just yet.” Still, the prospect of fiscal stimulus and tax cuts by […]