Absolute Mortgage Company

Having good credit is a big factor when it comes to obtaining a loan and purchasing a house. Where do you fall in this percentile? Always remember that credit can be mended but do your best to always have good credit.

When it comes to saving for retirement, there are a few different ways. Let's take a look at the traditional ways to save money for your future: *In a Traditional IRA, you make contributions with money you may be able to deduct on your tax return and any earnings can potentially grow tax-deferred until you withdraw them in retirement.1 Many retirees also find themselves in a lower tax bracket than they were in pre-retirement, so the tax-deferral means the money may be taxed a...t a lower rate. *With a Roth IRA, you make contributions with money you’ve already paid taxes on (after-tax) and your money may potentially grow tax-free, with tax-free withdrawals in retirement, provided that certain conditions are met. *A Rollover IRA is a Traditional IRA intended for money "rolled over" from a qualified retirement plan. Rollovers involve moving eligible assets from an employer-sponsored plan, such as a 401(k) or 403(b), into an IRA. *Stocks. A stock represents a stake in a company. When you own a share of stock, you are a part owner in the company with a claim - however small it may be - on every asset and every penny in earnings.

Interested in investing in stocks? Investments can be a great way to make profit off of money that would otherwise be sitting in a bank. It can be confusing though as there are so many factors and different types of stocks and many companies to choose from. Here is a good article on getting started. http://money.cnn.com/pf/money-essentials-stocks/index.html Keep in mind, doing your research is key. Look at companies and their growth and consistency as well as companies that ...have a future as the world changes, such as "green" companies and ones with a lot of potential to make a big impact like Tesla. It is okay to start small and once you learn, you can always invest more and more!