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  • We have $1.6 million but most is locked in our 401(k) plans — how can we retire early without paying so much in taxes?
    Business
    MarketWatch

    We have $1.6 million but most is locked in our 401(k) plans — how can we retire early without paying so much in taxes?

    You bring up an interesting dilemma some retirement savers may not think of, which is having your retirement assets locked away in investment portfolios intended to be used at an older age. Employer-sponsored retirement accounts, such as 401(k) plans, are a great tool for investing for retirement because they are tax-deferred, which means more money is growing until it’s time to withdraw. The first task is to double check on your company’s policy for the age 55 rule (for readers unfamiliar with this rule, it allows people age 55 or older who were separated from their jobs — either because they were fired or voluntarily left — to tap into the 401(k) from their current employer before the required age 59 ½).

  • The Dow Just Had Its Worst Week Since October. Why It Could Get Worse.
    Business
    Barrons.com

    The Dow Just Had Its Worst Week Since October. Why It Could Get Worse.

    No one was expecting much from the Federal Reserve this past week. Instead, the process of tightening monetary policy looks to have finally started.

  • 7 Best Reddit Stocks to Buy If You Have $100 to Spare
    Business
    InvestorPlace

    7 Best Reddit Stocks to Buy If You Have $100 to Spare

    It may not last forever. But, the Reddit stocks phenomenon is here to stay for now. It may go against the philosophy of investing legends like Warren Buffett. But, as retail investors continue to essentially gamble on stocks, with minimal interest or concern about their underlying fundamentals, there are likely still fast profits to be made with this high-risk, but possibly high-reward “investing” strategy. Interest in continued favorites like AMC Entertainment (NYSE:AMC) may be peaking. In the

  • 7 High-Risk, High-Reward Stocks to Buy If You Have an Iron-Clad Stomach
    Business
    InvestorPlace

    7 High-Risk, High-Reward Stocks to Buy If You Have an Iron-Clad Stomach

    With so much enthusiasm baked into the equities sector, many investors undoubtedly feel that now is a time to consider a risk-off profile. Frankly, I agree with these folks. That said, we’re coming off the (hopefully) worst of the novel coronavirus pandemic. Therefore, others believe that the best days are still ahead of us. If you fall into this camp, you may want to dive into high-risk, high-reward stocks. To be 100% clear from the get-go, I’m not endorsing any of the following speculative sto