Read up on retirement planning
Online broker reviews
Fidelity Investments Review 2021: Pros, Cons and How It Compares
Fidelity is one of the most well-rounded brokerages available today, with no commissions on stock, ETF or options trades and a selection of no-expense-ratio index funds.
SoFi Active Investing Review 2021: Pros, Cons and How It Compares
SoFi Active Investing is geared toward young investors getting their start in trading, with commission-free trades of stocks, ETFs and fractional shares. SoFi also offers cryptocurrency trading.
E*TRADE Review 2021: Pros, Cons and How It Compares
E*TRADE excels even outside of its $0 commissions, with superb educational resources, portfolio-building tools and a large mutual fund selection.
An individual retirement arrangement, or IRA account, is a good way to build up a fund and get tax advantages at the same time. But there are some restrictions as to who can get them, how much can be deposited and how much is deductible ...
Roth IRAs are so lucrative that it can be tempting to forgo other options, like your company’s 401(k), when planning for retirement. But you can — and in most cases, should — contribute to both a 401(k) and a Roth IRA. You just need to prioritize those contributions wisely ...
Planning for retirement requires thinking about variables such as when you plan to stop working, how long you expect to have a mortgage and whether you’ll be supporting elderly parents — and what all of that might cost ...
A brokerage account allows you to buy and sell everything from stocks and bonds to mutual funds, currency, futures and options contracts, depending on the broker. Over the long term, the return on a diversified investment portfolio is much greater than a savings account interest rate, which likely won’t beat inflation.
One of the best ways for beginners to get started investing in the stock market is to put money in an online investment account, which can then be used to invest in shares of stock or stock mutual funds. With many brokerage accounts, you can start investing for the price of a single share...
A cryptocurrency is a digital currency that can be used to buy goods and services, but uses an online ledger with strong cryptography to secure transactions. Much of the interest in crypto is to trade for profit. You can buy crypto through some online brokers, or through crypto exchanges.