It’s the middle of tax season, and many people are looking forward to getting back a good chunk of change from the federal government. If you’ve kept good records and noted each amount that was taken out of your paychecks, then you have a pretty good idea of what your tax refund will be this […]
Archive for March, 2016
In recent years, a new category of assets has appeared on the scene, which can be more complicated to pass on at someone’s death than stocks, bonds and cash. The list includes such valuable property as digital domain names, social media accounts, websites and blogs that you manage, and pretty much anything stored on the […]
Years ago, the way to most efficiently save on estate taxes was to set up credit shelter trusts that would pour assets from one spouse to another when death occurred, so that both spouses would get the maximum estate tax exemption. In those simpler days, people who didn’t have to pay estate taxes didn’t have […]
Chances are, you know that it takes steady savings to accumulate wealth. A recent article in Business Insider actually calculated how much you’d have to invest each day in order to become a millionaire. Suppose your investments earn an average 7% yearly return, and you want to have $1 million by the age of 65. […]
Any seasoned investor will tell you that buying one stock is riskier than buying a basket of stocks. The underlying concept is diversification—the idea that the movement of the shares of many different companies, taken together, will be smoother than the trajectory of any one of them. But the ETF market has managed to create […]
Yesterday, the U.S. stock markets went up 2.39%, the highest one-day return in a month. Analysts attributed the rise to a variety of economic news that suggested that the American economy is not, after all, plunging into recession. The buoyant mood among investors may not last, but for many, it’s a welcome sign that things […]
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