Despite the fears of a bear market, don't focus on avoiding losses in your stock portfolio if you haven't reviewed your insurance recently. The biggest risk to your investment portfolio and your wealth isn’t a stock market crash, it’s a lawsuit.
What the UK Snap Election Means For Your Investments
Your Defense Against a Bear Market
The Case For Gold is Actually A Case Against Gold
New IRS Guidelines on Max 401(k) Loans
Trump Tax Plan: The Good, The Bad, And What it Means for You
The President's proposed tax revision may be interesting water-cooler talk, but you shouldn't spend much time on it. As the proposed individual income tax reforms are far from being law, there is nothing you can do to adjust your tax strategy in preparation. Still, it is fun to dissect the good and bad of the President's plan.
Don’t Mourn the Death of the State Auto-IRA
Congress recently reversed rules which allowed states and cities to create Auto-IRA programs. Although I like the intent and am a big fan of encouraging retirement investment, the program wasn't ideal. A lack of ERISA protections, potential for poor management, and poor investment options all mean I won't mourn the death of the Auto-IRA.
Decoding The Credit Score Formula
Stop Overpaying Your Taxes
Maximize Your Tax Deductions
The Slow March to a Wealthy Retirement
Historically, there was a "three-legged stool" of retirement which provided Americans with a comfortable and safe retirement. The stool, however, has been eroded away, leaving many without sufficient income in retirement. Making small changes now can net a massive improvement in your lifestyle in retirement, and may provide you with the option to retire earlier or wealthier.
Your Budget Shouldn’t Control Your Spending
Fight Spontaneous Debt
Good Debt Versus Bad Debt
How to Create Your Net Worth Statement
A net worth statement is one of the key documents you’ll need in planning your finances and achieving your goals. Creating your net worth statement might seem like an intimidating task, but for most people it’s actually relatively simple. Learn how to create a basic net worth statement in about 15 minutes.
To Increase Your Income, Hone These Five Skills
If you aren't updating your skills and adding new skillsets, your value in the economy and in your profession will decrease. As you explore educational opportunities, the following are the most common types of courses you can take to advance your career or grow your business. And a list of resources for free or low-cost classes.
