A jam-packed show with your letters answered:
Simone wants to know about signing up for a high-deductible health plan at work and using an HSA to sock money away for retirement.
Kamille and her husband are trying to come up with a down-payment for a house. Should he take out a $10,000 401k loan?
Shannon maxed out her ROTH IRA last year but discovered they were $1,000 over the income limit for the contribution. Is this a good case for using a “backdoor ROTH”?
And Brandon has $100,000 ready to invest. Should he go all-in now, put $50,000 in now and then $2,000 a month, or wait for the inevitable dip in the market?
Today’s episode is sponsored by BUZZ Index
For a quick bio of each of our show participants, head on over to our panelists’ page.
About our sponsor, BUZZ Index
Ever wonder if there were a way to capitalize on all of that online chatter made by millions of investors on social media? Well, your wait is over, because now advances in Artificial Intelligence and Natural Language Processing technologies are at your fingertips…. even if you personally don’t use social media! The BUZZ Index, licensed to an exchange-traded fund and trading under ticker symbol BUZ, provides investors with a portfolio of securities that delivers a basket of large-cap U.S. equities exhibiting the highest degree of positive investor sentiment. No surveys. No guessing. BUZ only tracks what’s volunteered – and if you ARE online, you know that a lot of information is volunteered: millions of posts, comments and blogs are analyzed each month!
Here’s how it works. First, BUZZ targets the most mentioned large-cap U.S. stocks across the Social Media landscape. The more active the conversation, the greater the reliability of the BUZZ.
Each of the most-mentioned stocks is then given an insight score based on BUZZ’s proprietary analytics and the 75 stocks with the most Bullish scores are included in the Index. Each month the BUZZ is tracked to capture the latest Big Data-driven insights and then the 75 companies with the most Bullish scores are selected, positioning BUZZ to capture the highest return potential.
Invest in the wisdom of crowds. Visit MoneyTreePodcast.com/BUZZ for more information.