What are the best investment accounts for young investors? Though encouraged to invest for the future, which is good advice, the big question for many young adults is how to get started? The various types of investment accounts to consider can be somewhat confusing. So, let’s sort that out: Tax-Deferred Accounts Retirement accounts can be tax-deferred.…
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A Roth IRA is a double-tax-advantaged retirement savings account that offers tax-free earnings growth and tax-free distributions. Given the limited opportunities for these tax advantages, opening a Roth IRA is a great way to become financially independent by retirement. So let’s uncover how this powerful investment option works: What Is a Roth IRA? A Roth Individual Retirement…
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Bitcoin investors are having a wild ride. The best-known cryptocurrency reached a series of records in 2021, just three years after its price collapsed, wiping out more than two-thirds of its value. The latest bout of roller-coaster volatility comes as more big investors are speculating that Bitcoin will gain wider acceptance and shake up the financial world, maybe by…
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It’s still early in 2021, but here’s a good candidate for stock story of the year. Shares of GameStop (GME), a video game retailer, had soared recently thanks to a band of traders on the Reddit group WallStreetBets. Though there’s been no significant news out on the company this year, these traders appear to have prompted…
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Today, millions of Americans do arduous work in jobs that pay too little and offer very few benefits, while Corporate America makes billions in profits! They serve food, clean offices, care for the young and elderly, stock shelves, and deliver pizza. They work hard year after year while caring for children and parents, trying to…
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