There’s no question that solar energy is the fastest-growing source of new energy in the world today. It’s coming down in cost and going up on everything from rooftops to deserts around the world.

Initially, the increased competitiveness of solar energy will disrupt coal, nuclear power, and natural gas in power markets, but long term that’s only the start. As more vehicles are powered by electricity and more electricity is coming from solar energy, it makes sense that solar is indirectly replacing oil, especially if you’re charging an electric vehicle (EV) at home with rooftop solar. …

In the past 70 years, the S&P 500 index has lost at least 10% of its value on 38 different occasions. So it’s inevitable that it’s going to happen again. But here’s the good news: The S&P 500 recovered from all 38 of those crashes.

While stock market corrections and short-term volatility spook a lot of investors, there’s no reason to live in fear of another stock market crash. Your investments can recover — and even emerge stronger — if you don’t run when stocks plunge. Here are five steps you can take to prepare.

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Image source: Getty Images

1. Do nothing

If you have a long time horizon and you can deal with the stress of seeing your investments nosedive in the short run, the best thing you can do is nothing. When people fear a crash, they often stop investing. Or they cash out or rebalance too conservatively. Any of these strategies is far more likely to hurt your long-term returns than a market crash. …

There are such things as good and bad retirement accounts, but which is which often depends on your personal situation. Take traditional and Roth IRAs, for example. They’re similar in a lot of ways, but one of them is probably going to offer you better tax advantages than the other. Here’s a closer look at some of the key differences between the two accounts so you can decide which one deserves your money.

1. When you pay taxes on your money

The biggest difference between traditional and Roth IRAs is that traditional IRAs use pre-tax dollars, while Roth IRAs use after-tax dollars. That means traditional IRA contributions reduce your taxable income for the year, while you owe taxes on your Roth IRA contributions. …



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