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BY PATRICK VOLK, Aug 23, 2017
An emergency fund is, simply, cash set to the side to protect you from invading your long-term investments or going into debt if an unexpected cash need arises. Typically, this reserve of money should equate to approximately three months of your salary. It may be more for individuals who are more…
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BY PATRICK VOLK, Jul 7, 2017
In investments, as in life, it is important to focus on what you can control, not what you can’t. When choosing to invest your money for the long-term, market performance is always out of your control. Politics, economic bubbles and general market sentiment are all factors that impact the market but…
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"Grocery Shopping on a Budget Made Simple"
BY PATRICK VOLK, Jun 16, 2017
InvestEd collaborated with Terra’s Kitchen to create a blog post about “Grocery Shopping on a Budget Made Simple”. Terra’s Kitchen is a food delivery business that believes in feeding others the way we want to be fed. Meaning, they cook with the highest quality and nutrient-dense ingredients. This…
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BY PATRICK VOLK, Apr 17, 2017
May The Odds Be Ever In Your Favor. (“Hunger Games” fans know this doesn’t bode well for the people playing the game.)If you know anything about casinos, you know, the odds of winning are always in favor of the house. A truly fair gamble would be when you have a 50 percent chance of winning, such as…
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BY PATRICK VOLK, Mar 31, 2017
The difference between a Traditional IRA and a Roth IRA is whether you’ll receive a tax deduction today (Traditional IRA), or receive tax free distributions in the future (Roth IRA).Currently, one of the primary arguments for a Roth IRA is that taxes will most likely be higher in the future due to…
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