Liam Hunt, M.A., is a financial writer covering global markets, monetary policy, retirement savings, and millennial investing. His commentary and analysis have been featured in the New York Post, Reader's Digest, Fox Business, and Forbes.
Mark Twain once wrote, “Buy land, they aren’t making it anymore.” Though he wasn’t known for his sage financial one-liners, I think Mark was onto something. Real estate is a finite commodity, and housing is a basic, universal human need. The characteristics of...
An employer-matched 401(k) is an excellent retirement savings vehicle. As a tax-advantaged account, 401(k) plans let your money grow tax-free while also lowering your upfront income tax burden. Unlike a regular savings account, you won’t have to pay taxes on the...
In 2020, U.S. student loan debt eclipsed $1.56 trillion. The median debt burden for the graduating Class of 2019 is nearly $30,000, up over 2% from the year prior. It seems that every year, American students are becoming more indebted and less economically advantaged...
In most aspects of life, it’s probably not a good idea to compare yourself to others. Retirement saving is a different story. Knowing how your 401(k) stacks up against your peers’ can help with post-career planning and can help you set benchmarks on the road to...
A money market account (MMA) and a certificate of deposit (CD) are two financial products that generate interest income from cash savings. Both products can be thought of as fixed-income investments, like bonds, that provide predictable interest over a defined...
