Gift Now or Inherit Later? statecollege.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from statecollege.com Daily Mail and Mail on Sunday newspapers.
In
my last article, I gave an overview of stocks and fixed income/bonds. In this article, I will give an overview of mutual funds and exchange-traded funds (ETFs). Mutual funds and ETFs contain other investments inside of them.
Mutual funds have been around a long time. The first modern mutual fund launched in the U.S. in 1924 and the oldest mutual fund still in existence is the Vanguard Wellington Fund (VWELX), which started in 1929. Mutual funds pool money from investors to purchase investments, which can include stocks, bonds and/or other assets. They are a great way for a small investor to build their wealth.
Registered Investment Advisor, ChFC®, RICP® and CEO of Nestlerode & Loy, Inc.
With the disappearance of pensions, people are becoming more dependent on their investments for their retirement. Understanding the basics for investing your 401k, SIMPLE IRA or Roth IRA is important. I am going to review some basics but not all investments are right for everyone.
First, the investment we hear the most about are stocks. Stocks are shares in companies and give stockholders a share of ownership in that company. Often, stocks are also called equities.
Common stocks entitle owners to vote at shareholder meetings and offer potential for growth, which is also called capital appreciation. In layman’s terms, this means the price of your shares may go up and you will have an unrealized capital gain. If it is unrealized, it is not taxed. Once you sell your shares and take the profit, the gain becomes realized and unless it is inside a tax-deferred vehicle (IRA, 401k, etc,), capital gains tax
Registered Investment Advisor, ChFC®, RICP® and CEO of Nestlerode & Loy, Inc.
As we move into an expansionary economy, the good news abounds and many are feeling better and safer in their jobs and life. Families are more stable with less debt and more savings. Pennsylvania is opening completely (other than masks) on Memorial Day, which will help service industries that were hit hard during the lockdown. Penn State’s athletic department is outlining attendance at events, concerts dates are being announced and most fall classes will be in person. The return of the consumer is great news for businesses but many face issues with supplies.
Good Economic News Keeps Coming | State College, PA statecollege.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from statecollege.com Daily Mail and Mail on Sunday newspapers.