by Luu | Mar 18, 2020 | Stocks/Investing
According to Bloomberg, there’s a 53% chance that we’ll drop into a recession in 2020. The stock market saw massive drops last Monday and Thursday, enough to trigger automatic safety mechanisms that temporarily shut down the stock market. That’s a big...
by Luu | Dec 31, 2019 | Stocks/Investing
Summary: The VTI and VTSAX are both funds that track the investment return of the overall U.S stock market. The VTI is an exchange traded fund with no minimum investment and a .03% expense ratio. It trades as an ordinary stock would. The VTSAX is a mutual fund with a...
by Luu | Dec 1, 2019 | Stocks/Investing
Disclaimer: I am by no means a stock investing professional and am not licensed to give professional advice. I am simply someone who loves investing and have picked up a few tips and tricks to get the most out of the stock market. Without further ado, these are my top...
by Luu | Nov 30, 2019 | Stocks/Investing
A backdoor IRA is not nearly as sketchy as it seems. It’s a totally legal way of getting all of the advantages of a Roth IRA even if you make more than the annual income limit for a regular Roth IRA. It’s simple: you put funds into a traditional IRA, roll over those...
by Luu | Oct 7, 2019 | Stocks/Investing
So you’ve decided to start investing your hard earned money. There’s no better time to do it – the week of October 4th, Schwab, TD Ameritrade, E*Trade and other brokerages eliminated commissions on stocks and ETFs. That means zero cost when you buy...
