Simple investing is about getting educated on the basics of investing. So you can learn how to invest and make more money with the money you already have.
For example, a common misconception about investing is that you need to go to school to learn how. And you need a whole bunch of money. Not true. Learning how invest is about understanding the basics, and starting with a small sum of money.
These simple investing articles from FTP will educate and teach you how to take the money you already have and start making more.
What is a 401(k)? 401(k) plans are employer-sponsored plans that provide their employees with the opportunity to save for retirement. If you contribute to a plan your contributions are generally tax-deferred until you decide to withdraw the funds at retirement. Your 401(k) plan is a retirement plan that is qualified […]
If you loan your cousin Gertrude $10 on January 1st and told her she would have to pay you back $11 on December 31st you might call this loan an IOU. That’s what a bond is, an IOU. Bonds are sold by corporations, municipalities and the U.S. government as a means of […]
If you are starting to think about retirement you may be asking yourself, what is an IRA? Individual Retirement Accounts or IRAs are another form of retirement vehicle established under the IRS tax codes. There are a number of different IRAs but the two most common are the Traditional IRA and Roth IRA. Unlike […]
A Guide to Understanding Stocks What is a Stock? When you purchase a stock you own a portion of a publicly traded company. Owning a share of stock make you a shareholder. For example, if you own one share of stock in Bank of America, then you own (although a small portion) a share of […]
What is a Money Market Account? Money Market accounts (MMA) should be viewed as a hybrid between checking and savings accounts. Most banks and credit unions will provide a number of different account options. The key points surrounding MMAs are. Requires a larger minimum balance to open and keep open […]
man-y ˈmenē/ a large number of. synonyms: numerous, a great/good deal of, a lot of, plenty of, countless, innumerable, scores of, crowds of, droves of, an army of, a horde of, a multitude of, a multiplicity of, multitudinous, multiple “Many” is one way of describing the number of terms, lingo, and definitions associated with the […]
