Backdoor Roth IRAs: The 6-Figure Power of Simple Advice
Even simple financial planning tools – like a backdoor Roth IRA – can lead to $100,000+ savings in the long run.
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Jesse Cramer
Jesse Cramer created The Best Interest to explain personal finance and investing in simple terms. His writing has been featured by CNBC, MSN, The Motley Fool, and other national publications. He resides in Rochester, NY with his wife and their dog, where he works in wealth management. Follow Jesse on Twitter: @BestInterest_JC
12 Financial Planning Topics for New Parents
Financial planning is vital for new parents. Plan for new expenses, put financial safety nets in place, and take advantage of the tax code where you can.
Inaction Is Not Inactivity
As an investor, inaction is your friend. But it’s important, paradoxically, that we differentiate inaction from inactivity.
False Proxies That Deceive Your Finances
False proxies are misleading indicators that don’t align with the desired outcome you thought they did. And they can ruin your finances.
A Magical Lesson from Monthly Stock Returns
Stocks’ positive returns come from an incredibly small percentage of periods. If you miss out on those infrequent periods, you’re screwed.
“An Extraordinarily Dangerous Path…”
What does highly-respected NYU professor Aswath Damodaran say about stock traders looking to get rich quick?