How 401(k) Plans Work" In 1978, Congress decided that Americans needed a bit of encouragement to save more money for retirement. They thought that if they gave people a way to save for retirement while at the same time lowering their state and federal taxes, they might just take advantage of it. The Tax Reform Act was passed. Part of it authorized the creation of a tax-deferred savings plan for employees. Ted Benna, who was a benefits consultant, actually came up with the first version of this plan. When people talk about 401(k) plans, you often hear about advantages like: Free money from your employerLower taxable incomeSavings and earnings that accumulate without you having to remember to make depositsThe opportunity to retire and not have to worry about money anymore Does this sound too good to be true? Although retirement plans may be the farthest thing from your mind, think about how much of a difference 10 years can make in the investing world.
15 styles of Distorted Thinking 15 styles of Distorted Thinking Filtering: You take the negative details and magnify them while filtering out all positive aspects of a situation. Polarized Thinking: Things are black or white, good or bad. Checklist for Hidden Anger Procrastination in the completion of imposed tasks. Economics Revision Notes AS, A2 & IB Economics Revision Notes This is a new, comprehensive collection of free revision notes to support core topics on your AS, A2 or International Baccaleaurate Economics courses. Click on the relevant tab to find suitable notes. Click here for a comprehensive range of economics revision presentations Digital Magazines Business Cafe econoMAX First Past the Post Teacher Services Subject Newsletters Inset Courses Student Workshops Blogs Economics Business Studies Politics History IB Diploma Sociology Law Religious Studies Revision Presentations Business Strategy Accounting & Finance Economics External Environment Marketing Politics Revision Notes Accounting & Finance Economics (AS/A2) Economics (GCSE) External Environment Business Studies (GCSE) Marketing People / Organisations Politics Production & Ops Religious Studies (AS/A2) Sociology (GCSE) Strategy Quizzes The Biz Quiz (Business) Accounting & Finance Economics (AS/A2) Marketing People & Organisations Politics Production & Operations Other Resources Applying to University
Moneychimp: learn Stock Investing, Index Funds, Valuation Models, and more. How Stock Trading Works - Basic Steps - Use this site to read about the basic steps to trading stock. Which stock will you choose to trade? Trading stocks. You hear that phrase all the time, although it really is wrong – you don’t trade stocks like baseball cards (I’ll trade you 100 IBMs for 100 Intels). Trade = Buy or Sell To “trade” means to buy and sell in the jargon of the financial markets. Yet, they still must handle your order for 100 shares of Acme Kumquats with the same care and documentation as my order of 100,000 shares of MegaCorp. You don’t need to know all of the technical details of how you buy and sell stocks, however it is important to have a basic understanding of how the markets work. Two Basic Methods There are two basic ways exchanges execute a trade: On the exchange floor Electronically There is a strong push to move more trading to the networks and off the trading floors, however this push is meeting with some resistance. Exchange floor Trading on the floor of the New York Stock Exchange (the NYSE) is the image most people have thanks to television and the movies of how the market works. Electronically
5 Innovative Ways to Teach Your Skills Online The Global Innovation Series is supported by BMW i, a new concept dedicated to providing mobility solutions for the urban environment. It delivers more than purpose-built electric vehicles — it delivers smart mobility services. Visit bmw-i.com or follow @BMWi on Twitter. Through projects like Khan Academy, MIT OpenCourseWare and University of the People, the Internet has made it easier for anyone to be a student. Several platforms have launched within the last two years that democratize teaching. Here are five ways to get started. 1. Skillshare is an online marketplace that sells tickets to offline classes. Skillshare takes a 15% cut of the tickets sold. 2. Sophia helps experts curate the social web in a way that reliably explains a topic. Lessons can be voted "academically sound" by subject experts (users who hold a degree in that field or teach a course on it), which helps sort out good material from the noise of an open platform. 3. 4. Udemy is similar to Learnable. 5.
Soldiers on LSD // Current To Our Faithful Current.com Users: Current's run has ended after eight exciting years on air and online. The Current TV staff has appreciated your interest, support, participation and unflagging loyalty over the years. Your contributions helped make Current.com a vibrant place for discussing thousands of interesting stories, and your continued viewership motivated us to keep innovating and find new ways to reflect the voice of the people. We now welcome the on-air and digital presence of Al Jazeera America, a new news network committed to reporting on and investigating real stories affecting the lives of everyday Americans in every corner of the country. Thank you for inspiring and challenging us. – The Current TV Staff
Financial Investing Tutorials Ponzimonium After Bernard Madoff's $65 billion Ponzi scheme was revealed, many new (smaller-scale) Ponzi schemers became exposed. Ponzimonium ... Quarterly Earnings Report A quarterly filing made by public companies to report their performance. Included in earnings reports are items such as net ... Dark Pool Liquidity The trading volume created by institutional orders that are unavailable to the public. The bulk of dark pool liquidity is ...