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In my previous post, I discussed the benefits of Individual Retirement Accounts. Hopefully I managed to convince some of you that opening an IRA is a smart idea for young investors. If so, here is a simple step by step guide to opening an IRA… Step One – Choose a Broker Your first step in the process [...] Keep It Simple Stupid In my previous post about asset allocation I talked about how important it is to have a diverse mix of investments that match your risk tolerance and time horizon. I also explained that it is necessary to shift this mix of investments into less risky assets as you get closer to retirement. For [...] |
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