Dmitriy Fomichenko posted a blog post
“Save your money. You’re going to need twice as much money in your old age as you think.” — Michael CaineIf you’re self-employed and trying to boost your retirement savings, Solo 401(k) plans are a potential option.Solo 401(k) plans are qualified…
Apr 26, 2017
Dmitriy Fomichenko posted a blog post
Roth IRA is one of the well-known and oftentimes considered best IRA for self employed. If you are looking for reliable financial investment and retirement account, it is imperative to know more about this plan. Nowadays, you might find it more…
Mar 21, 2017
Dmitriy Fomichenko posted a blog post
“The beauty of diversification is it's about as close as you can get to a free lunch in investing.” Barry RitholtzHow do you feel about staking your entire future on the stock market? Risky, right! Who would do that? Surprisingly enough, a lot of…
Jan 11, 2017
Dmitriy Fomichenko posted a blog post
Among the available retirement options, Solo 401(k) plans are worth considering, due to their relatively high contribution limits, flexible investments and the ability to make after-tax Roth contributions.Here are some reasons self-employed business…
Dec 13, 2016
Dmitriy Fomichenko posted a blog post
“Compound interest is the 8th wonder of the world… Those who understand it earn it… Those who don’t pay it.” ~ Albert EinsteinThanks to the efforts put in by financial gurus, a lot of people are aware of the concept of compound interest. For those…
Nov 29, 2016
Dmitriy Fomichenko posted a blog post
When it comes to retirement savings, we all do wish for the same amount of investment freedom that we usually get with our other investments. Traditionally, most of the financial institutions offer limited investment options, starting with stocks…
Nov 22, 2016
Dmitriy Fomichenko posted a blog post
“It’s not how much money you make that makes you rich, it’s how you spend it.” —Charles JaffeWith a little bit of research, you will find out that the same piece of wisdom has been coined time and again by several financial experts. While there are…
Nov 18, 2016
Dmitriy Fomichenko posted a blog post
"The difference between ordinary and extraordinary is that little extra." ~ Jimmy JohnsonIf you're a player or sports fan, you understand the importance of 'extra' effort. When it comes to your financial lives, that little extra could help you grow…
Nov 8, 2016
Dmitriy Fomichenko posted a blog post
You attended a seminar on passive income generation with mortgage notes, learning how to enjoy high returns while sitting on your couch, and you are ready for your first purchase. But, hold on. Is this how you make your investment decisions? There…
Apr 11, 2016
Dmitriy Fomichenko posted a blog post
The most prominent question that comes into your mind while choosing a retirement plan is “how much is enough.” George Foreman said, “The question isn’t at what age I want to retire, it’s at what income.” There isn’t any definitive figure that can…
Sep 13, 2015
Dmitriy Fomichenko posted a blog post
“Real estate investing, even on a very small scale, remains a tried and true means of building an individual's cash flow and wealth.”Robert KiyosakiReal estate is one of the oldest and most trusted investment options. It offers decent returns and…
Aug 13, 2015
Dmitriy Fomichenko posted a blog post
Small business owners and self-employed individuals face multiple problems every day and the biggest one is the lack of time. It is quite common among these individual to outsource their business and personal finance responsibilities.If you are a…
Jul 13, 2015
Dmitriy Fomichenko posted a blog post
“Be slow in choosing a friend,Slower in changing.”Benjamin FranklinHow does this quote relate to your retirement plan? Well, a retirement plan is the only thing that will get you through your golden years and you don’t want to put your these years…
Jun 13, 2015
Dmitriy Fomichenko posted a blog post
Every small business owner requires a retirement strategy. Do you own a small business? Probably the idea of retirement planning isn’t as enticing as opening another store for your business. According to a survey conducted in 2014, nearly one-third…
May 13, 2015
Dmitriy Fomichenko posted a blog post
“Destiny is no matter of chance. It is a matter of choice. It is not a thing to be waited for, it is a thing to be achieved.”William Jennings BryanBeing a self-employed, every professional holds his destiny in his hands. Taking control of your life…
Apr 13, 2015
Dmitriy Fomichenko posted a blog post
“Real estate cannot be lost or stolen, nor can it be carried away. Purchased with common sense, paid for in full, and managed with reasonable care, it is about the safest investment in the world.”Franklin D. RooseveltFranklin D. Roosevelt was able…
Mar 20, 2015
More…