If you’re an active investor and you use Quicken for your investment recordkeeping, you may wonder about Quicken’s annual return calculation, which appears on some of the Quicken investment reports. Because this return value—technically an “internal rate of return”—is complicated to calculate and … [Read more...] about Understanding Quicken’s Annual Return Calculations
Finance
How to Be a Smart Investor
A lot of people think smart investing means complicated investing. That’s not true. Smart investing is usually simple investing. In fact, the most important things you can do relate to the way you go about investing, not the specific investments you pick. Here, I offer five secrets that can help … [Read more...] about How to Be a Smart Investor
How to Prepare for Retirement
Preparing for retirement doesn’t have to be all that difficult—although it probably is a 25 or 30 year project. To prepare for retirement, you simply need to take the following six steps: Step 1: Start with a concrete retirement income goal For example, if you currently make $100,000 a year but … [Read more...] about How to Prepare for Retirement