Posts by Elias Mael
Six Thrift Savings Plan Mistakes to Avoid
If you work for the federal government or serve in the armed forces, you have access to a retirement and savings plan called a Thrift Savings Plan (TSP). According to TSP.gov,…
Read MoreWhat Is the Thrift Savings Plan?
You may have heard of a 401(k), traditional IRA, and Roth IRA—they’re all retirement plans that allow you to save and invest for retirement. A lesser-known plan is the federal…
Read MoreFive Tax-Advantaged Investments to Consider for Your Portfolio
Benjamin Franklin, one of the founding fathers, once famously said: “… in this world, nothing is certain except death and taxes.” While these words hold some weight, they’re not entirely…
Read MoreIndex Fund vs. Mutual Fund: What’s the Difference?
Are you overwhelmed by the number of investment vehicles available to you as an investor? A common question some investors have is: Should I invest in an index fund or…
Read MoreMoney Market Funds: What They Are and the Advantages and Disadvantages
If you’re looking at a short-term investment time horizon and want a liquid market, meaning you can easily pull your money out if you choose to, a money market fund…
Read MoreHow to Diversify Your Portfolio
Go to almost any store or website that sells something—anything—and you will find several other products for purchase. In fact, you would be hard-pressed to find any place that sells…
Read MoreFive Ways to Minimize Taxes When You Inherit Money
After someone dies, their assets are usually transferred to their heirs—whether that be their spouse, children, or other blood relatives. Whenever assets are transferred, a tax may have to be…
Read MoreCyclical Stocks: Definition, Advantages & Disadvantages
Cyclical stocks get their name because they usually follow the cycle of the overall economy—with ups and downs charting economic expansions and peaks, recessions, and recovery periods. They’re good to…
Read MoreDefensive Stocks: Definition, Advantages & Disadvantages
Defensive stocks are precisely what their name implies—they defensively strategize your investment portfolio during an economic downturn or when the overall stock market isn’t doing so hot. Defensive stocks are…
Read MoreWhat Is a Market Correction and How You Can Weather One
The reality is that no market goes straight up without pulling back or correcting itself. The market can be an individual stock, an index such as the S&P 500 or…
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