Military Finances 101: Understanding the VIX
The investing world is full of acronyms, just like the military. And just like you had to learn your military acronyms, you should learn the investing ones too. VIX is one of those acronyms.
The investing world is full of acronyms, just like the military. And just like you had to learn your military acronyms, you should learn the investing ones too. VIX is one of those acronyms.
Since the end of the Cold War, the US military has shrunk considerably. In a reverse stock split, the number of shares outstanding shrinks as well. Find out what that means for you.
A steady paycheck while your active duty or retired from the military is nice. Dividends can be a source of steady income in retirement too.
Risk tolerance steals all the headlines, but it really is only one-third of the equation. Make sure you consider the other 2 dimensions of portfolio risk.
Stock volatility is just another way of measuring uncertainty. Something military members are used to dealing with. But...it is still important to understand what it is and how to measure it.
When you enter the military, you have to learn a new language. As you start to explore investing, you'll need to learn a new language too. Stock splits are a term you'll want to understand.
If you're a Retired Senior Military Officer or NCO, there is more than a slim chance that you could receive equity compensation like Restricted Stock. If you do receive Restricted Stock, you might want to make an 83(b) election. What is it?
Great news for those saving for retirement: there are now more 401(k) and TSP millionaires than ever before! Learn more about this significant milestone and how saving money in a 401(k) or TSP can add up.
Do you have rental real estate? If you're renting it for "shorter" time periods, do you know where you should report the income and expenses? A lot of military professionals find themselves in this situation.
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