It is important to understand your cash flow; you want to know where your money is going. For the purposes of financial planning, categorize expenses into boxes A, B, and C. This process serves as a tool to help manage spending and saving patterns.
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Different types of investment returns are taxed distinctly. Knowing how investment returns are taxed can help you better manage your investments. Short-Term Capital Gains For an explanation of short term capital gains, imagine Bob: Bob buys shares of Apple Inc. Bob’s timing is good,...
Given current market valuations and the pending interest rate movement, many investors are drawn to short-term investments. Fortunately for those looking to invest for the short-term, there are multiple options available for short-term investing: Treasury Bills Short-Term Bond Funds Money Market funds Savings Accounts...
According to a survey by the Society of Actuaries, one of retiree’s biggest fears are investment losses. According to their study, 56% of retiree’s are “apprehensive that their investments will lose value in retirement.” This begs the question: is your money safe at the...
Enjoying retirement requires following just two simple rules. This sounds too easy – one would imagine that a successful retirement is more complicated. It is complicated! This is because while the rules themselves are simple, following these simple rules is not simple. Read on...
You have seen the commercials: people carrying their nest eggs, or their money board, indicating the hypothetical dollar amount required for retirement. Seeing these advertisements may have prompted some introspection on your part. You may be thinking: When can I retire? Less hopeful, you...