The contribution limit for IRA did not change for 2010. Like 2009, the maximum you may contribute to your Traditional and Roth IRAs combined is $5,000. If you are 50 years and older, your contribution limit is $6,000 (due to $1,000 catch-up contribution allowance). Note this is a per individual limit and as a married [...]
Best Investment Brokerage For Mutual Fund Investing, 2010
As mentioned in my other articles, there is no definitive answer for who is the best discount broker. The best discount broker for you may not be the best for others — it really depends on your investment style and needs. My previous list of discount brokers focuses on brokerage firms for active traders who [...]
NEWS: Get 20 Free Stock Trades When You Sign Up with Zecco Trading!
Zecco Trading is offering 20 free stock trades — a $90 value — to all new brokerage customers who sign up by Sunday, September 13th 2009. You must use promo code “bonus1” to qualify. These trades are in addition to the 10 free stock trades Zecco Trading customers can earn every month when they keep [...]
Which Discount Broker Is Best?
There are so many discount brokers, but which one is best? This is a common question among investors. But there is no right answer because it really depends on your investing style and other considerations. On this blog, you can find a list of best discount stock broker sorted by price. This is great if [...]
Best Discount Brokers For Cheap Online Stock Trades, 2009
The following is a list of top discount brokers focused on cheap online stock trading for active traders. It is sorted from the lowest commission cost to the highest. Recommended brokers are selected based on users’ votes and reviews. In addition, special offers and features for these discount brokers are listed to help you decide. [...]
I received an email from Zecco over the weekend stating that they are changing their free online stock trading policy effective March 1, 2009. In case you don’t know who Zecco is, it’s an online discount broker that’s famous for offering its customers cheap online stock trading (at $4.50 per trade), and free trades if [...]
Before January 2009 is over, I just want to go over some of the contribution limits for retirement plans. In particular, the ones that most people interested in are 401k and individual retirement account (IRA). This year, there’s no change to IRA contribution limit, but 401(k) contribution limit increased from $15,500 to $16,500.
IRA Contribution Limits [...]
5 Surefire Ways To Improve Your Investment Performance
Investing in the stock market is a risky business if you don’t know what you’re doing. Even if you do, it’s possible to lose a lot of money — e.g., Bear Stearns, Fannie Mae, Freddie Mac, etc. Personally, I have moved away from individual stock picking for many years now, and embrace investing mechanics that [...]
Neither one of my parents know how to invest in the stock market, and it wasn’t a part of my formal education. I had to learn everything on my own, so I know how intimidating it is for people who are new to investing. Where do I start? What do I invest in? How am [...]
With the recent turn of events, I have been giving a lot of thought about what to do in event of economic slowdown — i.e., recession, stagflation, depression, financial doom, or whatever you want to call it. As I put this list of 5 strategies together, I realize that they are nothing more than responsible [...]
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