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Search resuls for: "Taylor Sohns"


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☆ Experts often steer parents toward a 529 plan or UTMA to save for their kids' future, but we went another direction instead
  + stars: | 2023-06-05 | by ( Katie Oelker | Read More | Read Less | ) www.businessinsider.com   time to read: +6 min
We considered a 529 plan or UTMA to save money for our daughters' future. However, we aren't sure they'll pursue higher education, so we didn't use a 529 plan. Why we didn't choose a 529 plan to save for collegeAlthough a 529 plan is an extremely popular choice for caregivers looking to save for a child's college education, the funds can only be used for education expenses. High interest rate Check mark icon A check mark. For most people, a 529 or UTMA plan makes perfect sense.
Persons: —, Read, Taylor Sohns, that's Organizations: Service, Bask, Bask Bank, FDIC, Chevron, Texas Capital Bank, Reading Chevron, LifeGoal Investments, Payment, Fidelity
☆ ETF manager: Your age shouldn't necessarily dictate how you invest — here's what should
  + stars: | 2023-01-14 | by ( Kathleen Elkins | ) www.businessinsider.com   time to read: +3 min
ETF manager Taylor Sohns says that age shouldn't necessarily dictate how you invest. That said, your age is not the most determining factor when it comes to selecting how to invest. "The number one thing that dictates how you invest is not your age," ETF manager Taylor Sohns told Insider. If you're preparing for retirement, your time horizon depends on your expected retirement age. His main point is that your age is just one factor when it comes to figuring out how to invest.
☆ An ETF manager shares his 2 'investment mission statements' that are helping him build long-term wealth
  + stars: | 2023-01-13 | by ( Kathleen Elkins | ) www.businessinsider.com   time to read: +5 min
ETF manager Taylor Sohns encourages all investors to write down their specific goals. If you're already an investor but don't have specific goals in writing, come up with at least one today. Sohns shared with Insider his two investment mission statements, which he keeps in the notes app on his phone. Here's his brokerage account investment statement:My brokerage account dollars are there to outpace inflation; anything additional is bonus. Here's his retirement account investing statement:I'm invested for the long term.
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