You have a variety of options when pursuing an investment portfolio. First-time investors often find the process intimidating. and let’s be honest: even those with an extensive portfolio may still not quite understand the complexities associated with investment risk strategies, rebalancing, and other investment terms. With that in mind, we offer you a primer on
Whatever your reason for giving, think of different ways you can have an impact on the causes you care about. If you plan to itemize deductions on your federal tax return, charitable donations can be an effective way to lower your overall tax bill. But even when there’s no tax benefit, donating money or volunteering
RUNNING A SMALL BUSINESS CARRIES WITH IT UNIQUE FINANCIAL PLANNING CHALLENGES, WITH MONEY CONCERNS AN ONGOING BURDEN FOR THOSE WHO WORK FOR THEMSELVES. After all, unlike salaried jobs where income is predictable, small business owners are often the last to get paid and the only one paying the bills. While there’s no magic formula to
There is an early retirement movement going on: financial independence, retire early (fire), an effort among millennials in particular to save aggressively in order to retire early or pursue other career or hobby interests. The FIRE movement is a recent phenomenon, starting less than a decade ago among millennials and spreading through social media channels.
While you may get wrapped up in news headlines and short-term swings in the markets, the reality is long-term investment performance is highly dependent on the business cycle. The business cycle (alternatively called the economic cycle) is defined as a period of economic expansion followed by a recession. The business cycle is defined by four
Attempting to pinpoint market highs and lows may result in lower returns for investors. “Market timing” is the strategy of trying to predict when stock prices will rise and fall and attempting to buy low and sell high. While this seems to make sense in theory, it’s extremely difficult to pull off successfully. Trying to