Do you know how much your investments cost and, more importantly, should you care? After all if your returns are enough to achieve your financial goals isn’t that all you need? It turns out that the costs of your mutual funds, retirement plan choices, and other holdings are important to monitor.
One less known benefit of being a Public or Nonprofit employee is that they can save much more of their income on a tax-advantaged basis than those in private industry. If through a combination of higher earnings and frugality you can live on far less than you earn, check out these retirement plans.
This column is another in a series on good financial habits within your control, as opposed to annual stock market returns, which are not. Last time we got to work on your estate plan, while today we’ll uncover in under an hour how much you spent and saved last year.
Today we’re going to cover an important topic regardless of market performance: putting an estate plan in place. It’s not the most scintillating or upbeat topic but is critical.
From mid-1970 through October 2018, the US focused portfolio had a 9.8 percent annual return. The global one averaged 9.7 percent per year. In short, the portfolios performed almost exactly the same.
When the new tax law was enacted almost a year ago, your take-home pay probably increased. My concern is that the changes will result in millions of taxpayers owing in April.
With many investment categories currently down for the year, now could be an ideal time to rebalance your portfolio. If you’re a casual investor, you may have heard about rebalancing, wondered what it means, and questioned whether it applies to your situation. In this column we will cover the basics of rebalancing and also investigate whether your investments require it.
Savers can now earn a modest return. But you still have to work at it. If you’re banking with one of the massive banks, you’re settling for less than you deserve.
Last week the stock market continued its October rout as the S&P 500 neared a 10 percent correction from last month’s highs. How should we react to this bad news?
While giving is primarily inspired by our desire to help others, getting a tax break in April is frosting on the cake.