Answers from Top Financial Advisors

Hi John, As John Essigman pointed out above, commodities producers often "hedge" their production proceeds by purchasing futures contracts. As you imply, they often lock in the price of their crops via futures contracts. ...(more)
7 hours ago
Hi Ofelia, In addition to what Layton mentioned above, some people opt to borrow from their 401k balances rather than take withdrawals. Most advisors will recommend this as a very last resort though, for several reasons: 1) ...(more)
8 hours ago
Peter C. Karp Level 20
Amy First of all, I always recommend that taking a loan from your 401(k) plan should be only as a last resort. This is money for your retirement and grows over time, tax deferred at a compounded rate and is funded through ...(more)
14 hours ago
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