Like a deer caught in headlights, individuals faced with too many choices in their company-sponsored plan freeze up and may end up taking no action for their retirement. They may end up making costly choices - or worse, no choices - for their retirement savings dollars. Common costly choices typically include buying too much company stock or a mutual fund representing the same industry of the ... Read More
money market
Ask The Money Coach: Should I pay off the mortgage?
Given the roller coaster ride that stock market investors have experienced and the negligible rates offered by banks on savings, it's easy to see why someone might want to use their cash to pay off their mortgage. Being debt free is not only noble but can provide a buffer in tough times since you'll have one less cash outflow each month. For every dollar you pay off in a mortgage, your rate of ... Read More
