You have heard the term “stop-loss” before. Many investors, often the self managers tout stop-loss orders as their method of ensuring gains or protecting against big losses. Almost always they are wrong, and the stop-loss has the exact opposite result. The result more often is to stop future gains, pay more in transactions fees, trigger taxable…
Author: Wyatt
http://www.forbes.com/sites/greatspeculations/2016/07/28/turn-your-kids-into-millionaire-retirees-with-a-roth-ira/#26f71eb96723 Below is the text from an article written in Forbes. Above is the link to the article. Forbes | 2016-07-28 I have written often on the effects of compounding over the long term, emphasizing the simple but potent message that the sooner you start, the more the multiplying effect you will experience in your investments. That’s…