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Category: Investing

Investing on a work visa

If On A Work Visa, Should I Invest In 401k And Other Special Accounts?

One of the questions I get all the time is how to invest in the US stock market using special accounts like Roth IRAs, HSAs, 401ks, 529, etc. on an H-1B or other work visa (L-1, O-1, H1B1, TN, and E3)

This is keeping in mind that work visas are by nature temporary non-immigrant visas and technically the holder is expected to depart the US after the work assignment.

The post is a summary of a more in-depth technical, nerdy paper written for advisors on the Nerds Eye View Blog by Michael Kitces.

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Top Roth IRA Mistakes To Avoid

Top 4 Roth IRA Mistakes And How To Fix Them

Everybody is keen to have a Roth IRA account, but messing up with the rules can be very costly.

You still have time to make a ROTH contribution for 2022. But please, don’t make the following mistakes as you make the contributions.

If on a work visa, please pay special attention to the last point.

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Can an H-1B Visa holder buy I Bonds

Can I Buy I Bonds On An H-1B Visa?

Almost everybody is looking to invest in I bonds. But can a holder of an H-1B, L-1, O-1 or other work visas invest in them?
What are they?
How do they work?
How do you buy them?
What are the tax consequences of owning them?

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Is Anchoring Bias Leading You Down the Poverty Trap?

One of the worst investment decisions I recall making was buying a stock at close to $100 per share and literally watching it go down to a single-digit number. Does anybody recall Qualcomm in 1999 -2021?.
It was my introduction to anchoring bias – read the post to learn how you can avoid this investing trap

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