by AFP Staff | Feb 10, 2022 | Economics, Financial Planning
The IRS specifies that you can only contribute to a Roth IRA if you make under a certain income limit. For 2022 you can make a full contribution if you are: Single and make under $129,000 or married and make under $204,000. You can make a partial contribution if you...
by AFP Staff | Feb 22, 2021 | Economics, Financial Freedom, Financial Planning, Investments
Are you familiar with stock market bubbles? If you’ve been investing since before the housing bubble of 2008 then you are, but perhaps the 1999 dotcom bubble is a more poignant and painful reminder for you. In the runup to the dotcom bubble everyone believed that the...
by AFP Staff | Aug 27, 2020 | Economics, Finance & accounting, Financial Freedom, Financial Planning, Investments, Life Planning
Anyone can create the lifestyle and legacy they want—even you, especially you! The good news is that if you want to experience prosperity, you don’t have to time the markets perfectly, make a six-figure income, or inherit a fortune from your deceased uncle. The bad...
by AFP Staff | Aug 13, 2020 | Economics, Financial Planning, Investments
In the third week of March, 2020, the stock market experienced its worst day since 1987. With fears of the global pandemic worsening, the S&P 500 Index was down 34% by March 23rd.[1] Investors lost a lot of money. While much of that has been recovered, the 2020...
by AFP Staff | Jul 29, 2020 | Economics, Finance & accounting, Financial Freedom, Financial Planning
Much has changed in the world of investments since the coronavirus pandemic. The volatility in the stock market this February and March rattled investors before making a rocky recovery April-July. Added to the coronavirus fears are real economic issues of companies...
by AFP Staff | Feb 28, 2020 | Economics, Financial Planning, Investments
The stock market has taken a beating this week with the Dow Jones Industrial Average (DJIA) experiencing at least two quadruple digit loss trading days and a possible third today. The DJIA peaked earlier this month at 29,551 points, but is currently trading in the...