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Did You Learn from the Crash of 2008?
Many investors and young potential investors are still scared out of their minds because of what happened to a lot of innocent investors in 2008. I have heard a few horror stories of people who supposedly lost all of their retirement money because of the crash. Many young professionals are scared of the stock market…
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If You Made Less Than $63,000 Last Year, Read this Before You File
It’s becoming increasingly difficult for low to middle-income families to save; however, the IRS allows a Saver’s Credit that could mean a $2,000 tax credit per family. Of course, it depends on the tax filer’s status as well as their adjusted gross income, or AGI. The tax benefit is to increase the incentive for lower…
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Keep these 3 Rules and You Will Be a Successful Investor
Investing can be very complicated and confusing, but it also can be very simple. Today I am going to try to simplify investing with these 3 rules. 1. Own Equities Equities is just another word for stocks. Why is this the first and most important rule? Stocks have historically out performed fixed income (Bonds/Money Market/Savings…
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What are the Cost’s Associated with Investing?
There are many different ways in which costs are charged to your investment portfolio. Many of these are hidden and are basically untraceable. Today we are going to discuss a few of the hidden costs, and a few of the transparent costs. Costs you should know about Management Fee/Commission Whoever your investment advisor is is…
