Should you pull money from an investment account to make a big purchase?
Selling investments means that your money will stop growing and you may owe taxes.
2 min read
Apr 03, 2024
Mercedes Barba
Former senior editor, investing
EXPERTISE
- Investing
- Stock analysis
- Retirement
EDUCATION
- Bachelor’s degree in Journalism, California State University, Los Angeles
- Master's degree in News and Documentary, New York University
About the author
Mercedes Barba was a senior editor at Bankrate. Prior to this, she served as a senior editor at NextAdvisor and led the video team at Money.com, where she executive produced a short documentary that received an Emmy nomination. In her free time, she enjoys spending time with her son Luke and two pet dogs.
The key to successful investing is to take action and not let fear or over-analyzing prevent you from taking advantage of the benefits of compound interest over time.
— Mercedes Barba
Mercedes's latest articles
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Current ratio: What it is and how to calculate it
Current assets divided by current liabilities equals the current ratio.
4 min read Apr 03, 2024 -
What are sin stocks?
They say vice is nice — but should it be part of your portfolio?
6 min read Mar 26, 2024 -
How to prep your investment tax documents for tax day
Here’s how to prep your investment tax documents.
4 min read Mar 26, 2024 -
529 plan vs. Roth IRA: Here’s how families can use both to save for college
You don’t have to be a scholar to understand that college is only becoming even more expensive.
7 min read Mar 25, 2024 -
Here’s how this finance expert creates her “lazy” investment portfolio
Because who doesn’t like getting rewarded for being lazy?
6 min read Mar 25, 2024 -
Should you use retirement savings to pay off debt?
Early withdrawals are generally a bad idea. Taxes and penalties can be steep.
5 min read Mar 14, 2024 -
How to write off worthless stock and get a tax break
Here’s how to write off worthless stock and what you need to know
2 min read Mar 12, 2024