As an investor, your goal is to make money. You need to know that you’re getting back what you put in so you can make a profit. While real estate can be a profitable investment, having consistent cash flow is just as important. Here are some of the reasons why this is true.
As you look into tax-saving options for your investments, you should have your financial advisor work with your tax advisor so they can give you more personalized advice about your financial goals. But there are some things you can do at the end of the year that could save you money on your taxes. Here […]
Investing in Opportunity Zones has many advantages from tax perspective. I’ve listed three of the most common below: When you roll over capital gains into a Qualified Opportunity Fund within 180 days, you can defer their recognition until December 31, 2026. For most taxpayers, the tax on the gains would be due in April 2027. […]
People spend a great deal of time worrying about the election event though no one knows what’s going to happen or who is going to win. When it comes to election years, uncertainty seems to come with the territory. But there are some things you can do to keep your finances in order, even during these chaotic times.
Friday is payday for many people. And like others who get a check at the end of the week, you might be thinking about buying a new TV or something else you want at the spur of the moment. Before you decide to blow your entire paycheck on the first day, you need to think about what you’re doing because you shouldn’t be so eager to spend it all without having a plan.
Do you think you’re prepared for retirement? Do you have enough savings to get you through your retirement years? Many people have false beliefs about this stage of their lives, which is why many people aren’t as prepared as they think. Here are five common retirement myths and the reasons why they’re not true.
We have an election around the corner. And so far, we have seen a great deal of uncertainty. We have also seen increased volatility in the market. Some people worry about their finances during an election year, but there are some things that remain true even during these uncertain times. Here are five truths about your finances no matter who wins the 2020 election.
It’s one thing to earn a paycheck, but it’s another thing to put that money to work for you. Real estate is very attainable for a lot of people, and it can be a great way to diversify out of the stock market. Approximately 90% of America’s millionaires are invested in real estate, which should tell you something.
If you look at some of the most successful people in the country, almost all of them are invested in real estate. In fact, 90% of US millionaires have real estate as part of their investment portfolios. However, they don’t have everything in this market. Like every good investor, they have a plan and stay diversified. And you should do the same.
The Dow is back at up, but it’s still continuing to fluctuate like it has been for most of the year. An election is still coming, meaning uncertainty. And while a recovering market is good news, there are certain things you need to know as an investor going forward.
The biggest question a lot of investors should ask is, “Are you diversified enough?” So, here are five more tips on how you can get an answer.
2020 isn’t over, so you want to make sure you’re prepared for the rest of the year. Let’s a look at what happened to your portfolio, and ask yourself if you’re diversified enough.