Target-date funds have become an increasingly popular way to save for retirement. Today Melanie Ross, CFP®, with NCA Financial Planners shares some things you should know about Target-Date funds. (2 min 41 sec)
Are you overwhelmed by the idea of investing? Elizabeth Scheiderer, CFP® with NCA Financial Planners talks with Hollie Strano and Alexa Lee on Lakeside Today and shares some tips to boost your investing confidence. (4 min 40 sec)
As the go-to investment option for most companies and their employees, 401(k) plans provide many benefits to plan participants, including deferment of taxes, the likelihood of an employer match, and a high maximum allowable for annual contributions. However, for those that are self-employed, or whose employer does not offer a 401(k), a traditional or Roth IRA is an option.
An initial public offering (IPO) is the first public sale of stock by a private company. Companies tend to schedule IPOs when investors are feeling good about their financial prospects and are more inclined to take on the risk associated with a new venture. Thus, IPOs tend to reflect broader economic and market trends. And not surprisingly, 2017 was the busiest year for the global IPO market since 2007.
While the vast majority of financial advisors and investment managers have their clients’ best interests at the forefront, there are a few unscrupulous ones who take advantage of hard-working savers. The likes of Bernie Madoff, Allen Stanford, and Frank Gruttadauria have understandably caused investors to question how their money is protected.
Last week started off with excessive volatility and with the Dow Jones Industrial average off almost 500 points. So here is Kevin Myeroff talking about what could be causing it and what the average person should do with their investments. (3 min 54 sec)