Month: May 2014

How Donald Sterling's Wife Cut Him Out Of The Clippers Sale Decision

It seems that everyone wanted Los Angeles Clippers owner Donald Sterling to sell the team, after his racist remarks about Magic Johnson and African Americans became public knowledge. The NBA Commissioner, owners, players, Clipper fans, and Sterling’s own family did everything in their power to force him out. Today the news broke that Sterling’s estranged wife, Shelly Sterling, reportedly accomplished what everyone wanted — an agreement has been reached for the Clippers to be sold for a reported $2 billion dollars to former Microsoft CEO Steve Ballmer.

Webcast replay: Vanguard's principles for investing success

There are many ingredients that go into making Vanguard a different kind of investing company, but none more so than our timeless investing principles: goals, balance, cost, and discipline. In this live webcast, Vanguard investing and advice experts Chris Philips and Kahlilah Dowe explained each principle, how they work together, and why they’re so important to investing success.

8 Roth IRA Mistakes To Avoid

Perhaps the sexiest and most desirable thing in the world of finance is the phrase tax-free. No other finance term conjures up feelings of total control and freedom. Since Roth IRAs are one of the most tax-efficient retirement strategies, because they grow tax-free and are passed tax-free to beneficiaries, they are free from governmental influence (via income taxes) and even required distributions (RMDs). Even though Roth IRAs and Roth Conversions (the process of converting Traditional IRAs & 401(k)s to Roth) are virtual no-brainers you still need to tread carefully because a misstep here or there can cost you big.