Since 2020 members of the Ruedi Wealth team have been writing weekly investing and retirement planning columns for our local newspaper, The News-Gazette.
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?
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.
401(k) hardship withdrawals enable a person to access some of the money in their 401(k) plan in the event of some sort of financial hardship. But this money is not without strings attached.
Many people wonder whether it would be better for them to hire a financial advisor to manage their investments or to pursue a do-it-yourself approach. The truth is, many people can successfully manage their investments themselves...
Imagine the stock portion of your portfolio has declined by 30%. How do you feel? Now I want you to take this lifeboat drill a step further and imagine the stock portfolio is still down 20% or 30% a year later. How do you feel then? What about two years later?
Savers often get stuck choosing between investing their money or paying off debt. There are many things that must be considered when making this decision, both the objective mathematical considerations and also the human emotional side as well.