Let’s address some of the common misconceptions and questions surrounding Backdoor Roth IRAs.
Investing doesn’t have to be complicated.
Buy the whole stock market.
If we start from a basic premise, we know that the world as a whole owns the entire stock market. Meet the Gotrocks family—they own everything in the world—and see what happens to their overall wealth once they begin trying to get themselves ahead of others.Read More
Looking to Outsource?
Sometimes life is too busy and you don’t want to do it all yourself. Over the years, many people have asked me to connect them with the “good guys” in the financial services industry. Below are people and companies that I’ve personally vetted (often meeting them in person). Know that they are paid advertisers on the site but that I routinely recommend them to friends and colleagues and would do so even if they weren’t advertisers.
Mark spent eight years in Biglaw before joining Morgan Stanley for financial planning and asset management advisory services.
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Latest posts in Investing
Starting a new job and unable to contribute to a 401(k) account just yet? IRAs can be the solution.
Check out part 2 of Ryan McPherson’s warnings to look out for when finding your own financial planner.
Backdoor Roths haven’t been eliminated yet, but with the changing tax code now is a great time to set up your account if you haven’t already.
Utilize your 401(k) to its maximum capabilities. Follow these few steps to really take advantage of your retirement funds now.
Financial posts can seem intriguing and like they have all the answers laid out for you. The truth is they have as much knowledge about the markets as John Smith on the street. Don’t fall for their tactics.
Check out some of the most viewed Biglaw posts of the past year and get ready for an exciting 2018!
Index funds can be great, but what would happen if everyone were to invest in them? See Robert Schiller’s interview about index funds and what they mean for the health of the market.
What goes up must eventually go down. While bull markets are get for awhile, don’t supplement investing for saving actual money.