by Tim Schmidt | Dec 13, 2019 | Money Management
Many years ago I had a good friend of mine share a calculator that allowed me to see what the benefit of making an extra payment to my mortgage would do to my overall end payoff of my home. I found that by making even simple payments of an extra $50 or $100 on a...
by Tim Schmidt | Dec 12, 2019 | Money Management
I follow several YouTube Channels that have to do with investing. Some deal with retirement, others are for trading, and some are even in the cryptocurrency space. One that I feel has a lot of great information for the generation right behind me, is Millenial...
by Tim Schmidt | Dec 11, 2019 | Money Management
If you are looking for tips from one of the most successful businessmen of all time, you should take a peak at this video by Kevin O’Leary. It’s his tips for 20 year olds, but I found them useful for people of all ages and walks of life. Top 5 Tips for 20...
by Tim Schmidt | Oct 16, 2019 | Money Management
An Overview of Cash vs. Mortgage No matter where you look, you’ll hear someone spouting off about the foolishness of carrying debt. So you’ll automatically believe that buying a home using cash is the best way to make this large purchase while preserving your...
by Tim Schmidt | Oct 2, 2019 | Money Management
If you want to avoid having to pay taxes on the distributions in retirement when you have a simplified employee pension individual retirement account, you have the choice of converting it into a Roth IRA. This can be done regardless of having the pension account...
by Tim Schmidt | Aug 8, 2019 | Money Management
Today I’ll share with you the basics of a 529 plan.This plan operates as a savings plan for college that provides specific financial aid and tax related benefits. Many of today’s 529 plans are also used as a way to invest and save money for grade school tuition...
