Filing your federal income tax return can be a stressful and complicated task. Even if you hire a professional tax preparer, you still need to make sure you have all of your ducks in a row. So we’ve put together this handy guide to set you on the right path and to prevent you from running around like a chicken with its head cut off when April rolls around.
If you’re like me, you grumble every year about the commercialism of Christmas… but then go out and spend lots of money on presents, decorations and party supplies. I know I’m not alone — according to one survey, Americans racked up an average of $1,054 in credit card debt over the 2017 holiday season. But is “the most wonderful time of the year” worth going broke over? How can we do some budget planning for the holidays?
It’s human nature to create plans and strategies for just about everything, from navigating your car to work every morning to know what to buy at the grocery store (even if your shopping list is in your head). However, choosing the right investment strategy can be one of the most important financial decisions you make. So how do you choose the strategy that’s right for you?
Chances are you’ve seen the term “tax loss harvesting” if you’ve read about popular robo advisors such as Wealthfront and Betterment. Both of these services offer it as a feature. But what exactly is tax loss harvesting, or TLH, and how can it help your investment portfolio?
By now, we all know that real estate can be one of the best investments you ever make. But what about investing in real estate abroad? That’s just impossible and you shouldn’t even dream about it, right? Wrong!
Gone are the days when trading stocks required getting on the phone and yelling, “Buy, buy, buy!” and “Sell, sell, sell!” Thanks to the magic of mobile apps, you can quickly master the stock market with a few swipes on your cellphone instead of screaming yourself into a frenzy.
Here at Investor Junkie, we talk all the time about the best ways you can build and protect your retirement nest egg. But did you know there are useful — and free — tools that can help you know just what you’ll need for your golden years?
The Airbnb craze is sweeping the planet, with more than 4 million property owners using the site to rent out everything from tent sites to medieval castles. We’ve all heard the success stories of folks who’ve turned this leader of the “sharing economy” into a full-time income. But is investing in an Airbnb rental a good solution for you?
When my grandparents retired, they moved to South Carolina. They thought it was exotic. Being used to frigid Ohio winters, they found the fact that temperatures seldom dipped below 40 appealing. They wouldn’t have to shovel a few feet of snow every few days. Not to mention that there were plenty of opportunities for Gramps to go bowling.
As an investor, it’s important to have the peace of mind that your hard-earned money is in good hands and that you won’t fall victim to any nefarious trading scams. It was for this purpose that the federal government created the U.S. Securities and Exchange Commission, the SEC. But what exactly is the SEC, and how does it keep your investments safe?