you want to become an investor, index funds are a great place to start. On the surface, SPY and VOO are strikingly similar, both track the S&P 500, so is there really a difference between the two?
A 401(k) is usually offered by a for profit company think Apple, Google. Whereas 403(b) plans are offered by public schools, colleges, universities, churches, and some 501(c) tax exempt organizations (think American Red Cross).
When you start your professional career, most employers give you the ability to opt-in to their employer-sponsered retirement plan, usually a 401K.
For most people its a no-brainer. However, as you progress through your career, you are thinking about retirement goals and whether or not you should max out your 401k.
Bullish vs Bearish are common terms used in the investing lexicon. You may have heard the terms used quite a bit while listening to CNBC or reading the Wall Street Journal. But what exactly does being “bullish” and “bearish” mean?
The main difference between stakeholders vs shareholders is that a shareholder has ownership in the company, whereas a stakeholder is generally someone who has interest in the company, but not necessarily a financial interest.
1. Max-out your traditional retirement accounts
2. Open a back-door Roth IRA
3. Open a traditional brokerage account