by Savvysite | Sep 6, 2018 | Investing, SWWM, The Savvy Minute
What is a Mutual Fund? Today’s tip will cover “What is a mutual fund?” A Mutual fund is an investment vehicle made up of a pool of funds collected from many investors for the purpose of investing in securities such as stocks, bonds, money market instruments and...
by Savvysite | Aug 10, 2018 | Investing, Investing Basics, SWWM, The Savvy Minute
Today’s tip will cover “What is a REIT?” A REIT, also known as a Real Estate Investment Trust is a company that owns, operates or finances income-producing real estate. You can invest in REITs either by purchasing shares directly on an open exchange or by investing...
by Savvysite | Jul 17, 2018 | Investing, The Savvy Minute
Today’s tip will cover “How do I invest in Real Estate?” There are several ways for you to invest in Real estate. You can buy property which requires a down payment, money to maintain the property and the ability to cover payments in between tenants. If you are buying...
by Savvysite | Jan 25, 2018 | SWWM, The Savvy Minute
Today’s tip will cover “What are some of the benefits of 529 education saving accounts and the recent tax overhaul?” Many people will benefit from a change that allows assets in 529 plans to be used to pay for elementary and high school tuition. In addition, 529...
by Savvysite | Jan 16, 2018 | SWWM, The Savvy Minute
Today’s tip will cover “Why choose a 529 plan for college savings?” A 529 Plan is a college savings account that is exempt from federal taxes. These types of plans were introduced in 1996 to help taxpayers save for college expenses for a designated beneficiary. A few...
