Should You Invest in Cryptocurrency? | Phil Town



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Cryptocurrency is all anyone has been hearing about right now, so let’s talk about it. In this video, I want to talk to you about cryptocurrencies, like Bitcoin, and whether or not it makes for a good Rule #1 investment. http://bit.ly/2zs8pn5

From Rule #1 Investing basics to cryptocurrency, my InvestED Podcast is the easiest way to learn about investing while you’re on the go. Listen to my top 10 episodes at the link above.

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The Different Options For Your 401k Plan Rollover

After years of saving for your retirement through your company’s 401k plan, a change in employment can easily leave you confused regarding your retirement funds. There are a number of different options that you can take to transfer your existing 401k account.

401k Rollover Or Cash Withdraw?

When it comes time to switch jobs, your retirement savings need to go with you. However, they can follow one of several different paths. You have the choice of cashing out your 401k, or simply transferring it elsewhere, to say an IRA fund. There are some significant drawbacks to going the former route. One of the more notable is that the withdraw amount will be taxed.

Pros and Cons of Cashing Out Your 401k

In today’s economy, many people are trying desperately to make ends meet. Many have to borrow against their 401k retirement plans because of job losses or other reasons just to pay the mortgage and recurring bills. There are advantages and drawback to cashing out a 401k.

Rollover From 401k to a Traditional IRA

Most people have spent years building their retirement account, and don’t want to risk transferring it incorrectly. Making the wrong changes to your pension plan can be devastating to your retirement income. Consider a 401k rollover to a traditional IRA account to alleviate some of the pain of the decision.

Best IRA CD May Be Matched With an Efficient Portfolio

Do you hunt around for the best IRA CD to keep your retirement portfolio afloat? It’s hard to believe but just about any low risk fixed income security can work when combined with a risky asset portfolio? There have been numerous examples in the last several years of people who are unfortunately outliving their nest eggs because of an overly conservative investment strategy.

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