C.I.G. Blog

Financial New Year's Resolutions: Using Tech to Stay on Track

The New Year is symbolic in many respects. It gives you a chance to start fresh and set some goals that can improve your life in ways large and small. But if you’re like many people, familiar resolutions like “lose weight” or “go to the gym” slowly fade into darkness by mid-February, leaving you feeling disappointed in yourself.

Millennials: How to Make the Most of your 401(k)

Millennial participation in 401(k) plans is increasing rapidly and many young people are making the decision to save and invest for their futures. While the 401(k) can feel intimidating and there are many decisions to make, arguably the most important one is simply getting started early!

How Much to Save:

Roth IRA Vs. Traditional IRA

Roth IRA Vs. Traditional IRA

Many people choose to save for retirement in a Roth IRA or Traditional IRA, but do you know the difference between the two?

Basics

Dollar-Cost Averaging (DCA)

Dollar-Cost Averaging is an investment strategy that involves buying a fixed dollar amount of an investment on regular intervals, usually monthly. If the price of the investment fluctuates but you purhcase the same amount each month, you will end up purchasing more shares when the price is low and fewer shares when the price is high. Over long periods of time this will decrease your average cost per share, which means you have a greater opportunity for growth.