Since 2020 members of the Ruedi Wealth team have been writing weekly investing and retirement planning columns for our local newspaper, The News-Gazette.
There is no amount of money that can guarantee a person will remain wealthy.
Though investors can readily look at stock price, or the value of a small portion of a company, the total value of the company or “market capitalization” is often less understood.
It can take less than a decade for your existing savings to start driving more of your portfolio growth than your annual additions
When people hear valuations are close to where they were during the dot-com bubble and subsequent crash, many want to abandon their investments until after an “inevitable” crash occurs. But is that a good idea?
These days with more and more households requiring two incomes to make ends meet, people are often looking for ways to outsource tasks that take up their time. Things like yardwork, cleaning, and watching children often are the first to be outsourced.
A money market fund is essentially a mutual fund that invests in literal cash, investments that are almost equivalent to cash, and very short-term, high-quality bonds. This results in a fund that maintains a very stable value, but low returns.