Tuesday, 11 July 2017 19:00

Guide to Opening a Backdoor Roth IRA

What if you are above the income limits to contribute to a Roth IRA? Ugh, right? Mo' money, mo' problems. You can't even get a tax deduction if you contribute to a traditional IRA! Fret not, for all is not lost. You CAN get a Roth IRA, and it's called the Backdoor Roth IRA.

Published in Investing
Monday, 03 July 2017 05:20

Dollar Cost Averaging is CRAP!

Dollar cost averaging (DCA) is a type of investment strategy where an investor will make constant dollar amount contributions to an investment at regular intervals. This theoretically reduces the risk and smooths out your purchase price over the course of time that you are contributing. The idea is that you are buying more shares of an investment when the price is low, and less shares when the price is high. I will show you that Lump Sum investing is superior to DCA investing using historical data of the S&P 500.

Published in Investing