If you thought that you need a huge amount of money to start investing, you are mistaken. You can start building your portfolio with $1,000 or even lesser. Do not wait to have more money, as the sooner you start investing, the higher your returns will be. Here are some simple ways to start your investment with a small amount of money. [Read more…]
Quick Guide to Traditional IRA Investment
IRA or Individual Retirement Account is an investment option through which people can save funds for their post-retirement life. There are many types of IRAs including Traditional IRAs and Roth IRAs. Both of these IRAs can be created by individuals, who can invest up to a fixed amount every year in these accounts. Two other IRAs – SEPs and SIMPLEs are established by employers. [Read more…]