With a new bear market settling in, new opportunities for a prosperous investment can feel few and far between. However, this current bear market caused by the COVID-19 crisis feels like a new beast entirely. In many ways, the US’ economy has been turned upside-down by this infectious disease. So, where are you supposed to turn to make an even moderately successful investment?
Following a solid tax planning strategy throughout the year is an integral part of any financial plan, but there are special considerations to make as the year comes to a close that can help maximize your refund or minimize your liability.
Are you taking advantage of the following tax-saving strategies with your return?
It hasn’t been much of an issue lately, but it’s still a long-term threat.
By Amy Arnott
There’s something in the air right now and I’m sure you can sense it, too. As the coronavirus pandemic worldwide carries on, more and more investors are catching a bug that makes them think that selling off their stock portfolio and moving their assets to greener pastures would be wise at this time.
Riding the highs, and experiencing the lows, it is the way of the investment market. However, what if we told you that the key to sound and quality investing is learning how to keep it cool when the market is in turmoil? In this article, we are going to look at some of the tools that can help you manage your emotions and expectations during market uncertainty.
Earning an income comes with taxes, and your investment incomes are no different. As your portfolio grows into retirement, it’s important to consider the difference between retirement pre-tax income and retirement after-tax income. A savvy advisor will consider your future tax liabilities to be an integral part of your overall retirement strategy.
Whatever it takes…
"Within our mandate, the Federal Reserve Bank is ready to do whatever it takes to support the economy. Believe me, it will be enough."
Wait, did Fed Chief Jerome Powell really say that?
When a parent is considering giving or lending a child money, the key question is whether it’s empowering or enabling. You need to structure a transfer that is best for both generations.