Banking, Retirement and Investing Expert
Javier Simon is a banking, investing and retirement expert for SmartAsset. The personal finance writer's work has been featured in Investopedia, PLANADVISER and iGrad. Javier is a member of the Society for Advancing Business Editing and Writing. He has a degree in journalism from SUNY Plattsburgh. Javier is passionate about helping others beyond their personal finances. He has volunteered and raised funds for charities including Fight Cancer Together, Children's Miracle Network Hospitals and the National Center for Missing and Exploited Children.
Posts by Javier Simon:
Not to be confused with the appraised value of your home, the assessed value is what the government uses to calculate property taxes. Meant to be utilized regardless of market conditions, the assessed value is generally 20% to 40% lower than the fair market value. For that reason, prospective homebuyers won’t get far trying to bid an asking price down just on the basis of the lower assessed value. Instead, to afford the home of your dreams, consider working with a financial advisor who can help you grow your savings. Read more
Chase You Invest Trade is a primarily app-based tool that allows you to create your own investment portfolio. When you open an account, you get 100 commission-free online stock and exchange-traded fund (ETF) trades in your first year. You can also access automated investments through Chase You Invest Portfolios, the bank’s answer to the robo-advisor. Both allow users to enter the world of investing. But if you don’t want to go it alone, we can help you find a financial advisor. Read more
A high-net-worth individual (HNWI) is generally someone with at least $1 million in cash or assets that can easily be converted into cash. Most financial institutions provide HNWIs with exclusive services such as access to specialized investment accounts. Some financial advisors work solely with HNWIs, although many have no account minimums for their services. Whether or not you qualify as a high-net-worth individual, a financial advisor can help you manage your investments. Read more
The IRS allows you to withdraw contributions from your Roth IRA penalty-free to buy your first home, plus up to $10,000 of earnings. But most financial advisors would recommend tapping into your… Read more
Bonds and certificates of deposit (CD) are generally safe investments with little to no risk of reducing your principal. However, they have particular features that may suit different kinds of… Read more