The "one big lump" theory of your money
Posted January 3, 2009 - 08:47 by Philip Brewer
Don't get confused by the way your money's divided up. It might be split up into IRAs, 401(k)s, 403(b)s, 529 plans, and annuities. Separately from that, it might be invested in different things--stocks, bonds, real estate, and cash. You might even use separate accounts to segregate your funds by goal--emergency fund, retirement savings, car down payment, and sending the kids to college. Despite all that, it's really one big lump of money.


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