Why Your Parents Investing Advice is Kind of Wrong | Phil Town



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Your parents mean well. But if you’re a Millennial, their financial advice may be outdated. In today’s world, that advice may no longer be useful. Today I’m going to tell you why your parent’s investing advice might be… wrong! http://bit.ly/2s1rYU1

It’s time to set yourself up for a financially stable future. Click the link above to banish bad debt and start investing in businesses that matter to you.

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money mistakes to avoid, financial mistakes, investing in your 30s,

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How to Invest in Bonds

E*Trade claims finding and buying stocks is so easy, it can be done by a baby, so you already know how to do it, correct? While stock brokers over the previous 10 years online have tried to make investing in stocks as easy as child’s play, unfortunately, investing in bonds has been slower to evolve. On many broker sites online, bond platforms are not even in existence. Therefore, the world of investing in individual bonds remains murky.

Roll Over Your 401k

If you have an employer sponsored 401k and you happen to leave your current job, you’ll probably have some decisions to make about how to handle that money going forward. In most cases if you have $1,000 or less in your 401k, you will probably get that money in the mail within a month or two after you stop working for the company. But if you have over $1,000, but less than $5,000 in your account, you can choose whether to cash out your account or roll it over.

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