All Topics > Financial Services > Investments Tips For College Graduates >

Investments Tips For College Graduates Ohio

Nowdays, there are more and more newly-graduated students starting the investment. New graduates should max out their 401(k) plans and stay informed of market trends. Here are tips for college graduates.

Local Companies

Owen E. McCafferty, CPA, Inc.
(440) 779-1099
30980 Lorain Rd
N Olmsted, OH

Cincinnati Postal Employees Credit Union
(513) 381-8600
1243 West Eighth Street
Cincinnati, OH

Communicating Arts Credit Union
(513) 381-3070
1717 Western Avenue
Cincinnati, OH

KEMBA Credit Union Inc.
(513) 762-5070
8763 Union Centre Boulevard
Cincinnati, OH

Rosselot Financial Group Inc.
(513) 232-6500
7450 Jager Court
Cincinnati, OH

Capital Concepts Inc.
(513) 367-1793
9676 Dry Fork Road
Harrison, OH

Burkhardt Co.
(513) 984-3320
100 Techne Center Drive
Milford, OH

Berno Financial Management Inc.
(513) 474-9191
7454 Jager Court
Cincinnati, OH

Park National Bank Southwest Ohio & Northern Kentucky
(513) 576-0600
400 TechneCenter Drive
Milford, OH

CFC Investment Co.
(513) 870-2203
P.O. Box 145496
Cincinnati, OH

Provided by:

Investing and trading are like smoking. Both are addictive and can change the quality of your life. For the college graduate, here are five tips to starting a financially-healthy life:

1. Max out your 401(k)

This is the best way to get FREE money. Most employers will match your contribution up to a certain limit. There is one main choice in this area: Traditional or Roth. A traditional plan will take the deduction out of your paycheck before taxes; a Roth plan after. If you are just getting out into the world on your own and are strapped for cash, a traditional plan is advisable. It allows you to take home the maximum amount of money each month. The downside to this is that you will be taxed later in life when your individual tax rate may be higher.

Here's a quick example: Your paycheck is $1,000, contribution rate is 10%, and tax rate is 20%.

Individual Retirement Account- Traditional: ($1,000 - ($1,000 * 10%) = $900 - ($900 * 20% tax) = $720 take home pay

Individual Retirement Account - Roth: ($1,000 - ($1,000 * 20 %) = $800 - ($800 * 20 % tax) = $640 take home pay

2. Know Yourself

Picking individual stocks to invest in requires time for researching and analyzing different stocks. If you are not willing or able to put in the necessary time for research, let someone else do it for you. There are several avenues you can take in the mutual fund and 401(k) world. This will allow you to pick the general investment sectors, areas of the world, and risk level you want to invest in, but a professional will take over from there.

Featured Local Company

Owen E. McCafferty, CPA, Inc.

4407791099
30980 Lorain Rd
N Olmsted, OH

Read more about Investments Tips For College Graduates

- Bad Credit Personal Loans Ohio

This article talks about how to apply for a bad credit personal loan. Read on for more information, including when to apply.

- Advanced Life Deferred Annuities Ohio
- 0 Interest Credit Cards And The Law Ohio
- Internet Home Business Opportunities Ohio
- Newlywed Finances: A Checklist Ohio
- Debt Consolidation Options Ohio
- 0% Interest Credit Cards Ohio
- What to Do When Your Credit Card Application is Rejected Ohio
- 30 Day Loans Ohio
- 3 Steps To Equipment Financing Success Ohio

Regional Articles

- 0% Interest Credit Cards Ohio

Credit cards are they the bane of our existence or the wave of the future. No matter how you view them, credit cards are here to stay, but 0% interest rates can be helpful when owning a credit card.

- Debt Consolidation Options Ohio
- Internet Home Business Opportunities Ohio
- 3 Steps To Equipment Financing Success Ohio
- Advanced Life Deferred Annuities Ohio
- Bad Credit Personal Loans Ohio
- Newlywed Finances: A Checklist Ohio
- What to Do When Your Credit Card Application is Rejected Ohio
- 30 Day Loans Ohio
- 0 Interest Credit Cards And The Law Ohio

Related Local Events

We All Fall Down: The American Mortgage Crisis
Dates: 10/27/2009 - 10/27/2009
Location: Drexel East
Bexley, OH
View Details

The Greenwich Debates: A Forum Of Candidates For Cincinnati City Council
Dates: 10/10/2009 - 10/10/2009
Location: The Greenwich
Cincinnati, OH
View Details

MamLuft&Co. Dance Open Auditions for the 2009-2010 Season
Dates: 8/22/2009 - 8/22/2009
Location: Contemporary Dance Theater (College Hill)
Cincinnati, OH
View Details

Advertising	Food & Beverage	Nightlife
Business Services	Franchise	Online Database
Career	Health	Pets
Cars	Holidays	Real Estate Resources
Computer Hardware	Home Appliances	Retail & Consumer Services
Construction	Home Electronics	Software
Education	Home Services	Technology
Entertainment	Industrial Goods & Services	Telecommunications
Environmental	Insurance	Trade Shows
Family	Internet	Travel
Fashion	Legal	Weddings
Financial Services	Miscellaneous	World History

Advertising	Family	Home Services	Real Estate Resources
Business Services	Fashion	Industrial Goods & Services	Retail & Consumer Services
Career	Financial Services	Insurance	Software
Cars	Food & Beverage	Internet	Technology
Computer Hardware	Franchise	Legal	Telecommunications
Construction	Health	Miscellaneous	Trade Shows
Education	Holidays	Nightlife	Travel
Entertainment	Home Appliances	Online Database	Weddings
Environmental	Home Electronics	Pets	World History