Jul 04 2009

Knowing when to sell

Tag: Finance articlesadmin @ 8:57 am

In what could be the best piece of financial advice is knowing when to sell. Knowing when to sell your stocks and bonds is more then just pulling the right trigger but more about knowing market cycles. Recognizing hot markets and more importantly those about to crash is the biggest asset a investor has. The first step in investing or selling is getting your hands on a solid financial advisor with a good reputation and backing. They will be able to look at your current portfolio and tell you which assets to keep and when its time to sell the rest.


Jun 20 2009

Using IRA for College Tuition

Tag: Finance articlesadmin @ 8:55 am

Getting your kids or grand kids into college is always a big burden for most families. In times like these it is difficult to save for retirement and education at the same time but it is not impossible. One popular way to go about it is to take funds from your IRA account and use it to pay for the school tuition. It seems easy enough to do but it seems it is not the best idea. It is more of a last solution than the optimal one. The consensus is that can handicap you in the long run since asking away from future retirement savings and you’re reducing the amount of earning power you previously held.