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Tutor profile: Caleb F.

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Caleb F.
Teacher/educator for 11 years, financial investor for 20 years
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Questions

Subject: Personal Finance

TutorMe
Question:

W'hat are a few options an individual has when investing their money?

Inactive
Caleb F.
Answer:

If your employer offers a 401k (or related product), you should maximize this first. After that, you could start an IRA account. If you're able to max out the IRA, you then could move to a couple different options. - Real Estate - Online brokerage account with the likes of: Fidelity, TD Ameritrade, Robinhood, etc... - Land

Subject: Education

TutorMe
Question:

What are the basic components when writing an essay?

Inactive
Caleb F.
Answer:

You'll need an introduction, body paragraphs, and a conclusion. Your introduction should include your theses statement, claims, and a transition sentence. The body paragraphs should include each of your claims from the introduction, as well as evidence (properly cited) and explanations in your own words. The conclusion should tie everything together. Restate your thesis statement and summarize your claims. Things to keep in mind: - Avoid using proper nouns throughout your essay writing (you, me, she, he, us, we, etc...) - If it's an argumentative writing, remember to include the counterargument.

Subject: Finance

TutorMe
Question:

What are the advantages of using a Roth IRA?

Inactive
Caleb F.
Answer:

1. An investor can withdraw his/her contributions at any time, free of penalty. 2. The investor does not pay income taxes on qualified withdraws during retirement. 3. Exceptions are available for five year early withdraw. 4 . An investor can make previous year contributions up until current year tax-filing deadline.

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