Post Type: Quick Baby Boomer Financial Munchie Quick Answer: IRAs (Individual Retirement Arrangements) can hold investments. You can put in: Stocks Mutual funds Exchange Traded funds Cash Bonds CDs Real Estate (subject to specific rules) Precious Metals (Gold IRA) You cannot put into an IRA the following: Collectibles Artwork Antiques Gems Stamps Coins * Rugs Read More
Why Income Diversity Is Better Than Winning The Lottery Ticket
What You Will Discover: 3 reasons why growing wealth more than just one way is really smart Skill Level: Easy MamaBear says: “100% of a crash leaves $0 in profit” Sometimes we're all creatures of habit. And once we are comfortable with one way of investing or making money or saving money.... It becomes very comforting Read More
The 2 Differences between IRAs and ROTH IRAs, complete with cookies.
Skill Level: Easy An IRA (Individual Retirement Arrangement - NO! It's NOT Individual Retirement Account, fancy that!) is a thingee you put either pre-tax money or post-tax money into. What kind of thingee? Well, think of it like a cookie jar. Or a laundry basket. Or a tool bucket. Or anything that allows you to carry "stuff". You Read More