It's been 50 years since we've seen this in the S&P 500
The top 10 largest stocks currently make up one third of your investment in an S&P index fund. We haven't seen that kind of stock concentration in the index since 1973.
5 Quick Tips for Young Investors
There are also many reasons to start saving as soon as possible. So what are the five steps young investors can take today? Dustin at Mundorf Wealth Management breaks it down with Erin Kennedy.
One of the Toughest Transitions in Retirement: Becoming a Spender instead of a Saver
Only one third of retirees are comfortable spending their retirement money! Most would rather live off Social Security, pensions, or income from part-time work, rather than spend down their nest egg. It is a delicate balance in retirement: you don't want to compromise your quality of life, but neither do you want to run out of money!
Stop Using the S&P as a Benchmark
The S&P has been on a rally lately, which is why some of us look at our portfolio and wonder why it's not up the same amount. In this video, Dustin with Mundorf Wealth Management and Erin Kennedy break down why you don't necessarily want to see huge swings in your portfolio (up or down), because that volatility might not be in line with your risk tolerance.
Is There Any Reason to Use a Traditional IRA?
"America's IRA expert," Ed Slott, recently told other industry experts that "an IRA is just an IOU to the IRS." Slott says he doesn't see any benefit to using a traditional IRA right now because tax rates are so low. In this video, Dustin with Mundorf Wealth Management explains to Erin Kennedy why he agrees that more people need to consider tax-free accounts.
Mythbusting: #Roth Misconceptions
Roth IRAs are one of the most powerful tools you can use to become extremely wealthy. But as Dustin with Mundorf Wealth Management explains to Erin Kennedy there are many misconceptions about them...