Taxes are an inevitable part of life for most of us. It is also something that you do not want to mess with as the government is very unforgiving where unpaid taxes are concerned. It is important to understand your tax burden as your investment portfolio grows. While retirement funds in IRAs and 401ks areContinue reading “IRS Tax Withholding Estimator”
Tag Archives: Cash
A New Way to Think of a Purchase
I just watched a video on Youtube from the Erin Talks Money channel that I wanted to highlight. She brought up an alternative way that new investors should think about purchases. Overall, it is about focusing on the potential tradeoff between a purchase made today versus what that money, if invested instead, could turn intoContinue reading “A New Way to Think of a Purchase”
Earnings per Share (EPS) as a Tool
When you are new to investing or trying to do a quick evaluation of a stock that you are not really familiar with looking at the companies Earnings per Share (EPS) is good to review. Bluntly, it will tell you right away if the company is making money or not. Investopedia defines EPS as theContinue reading “Earnings per Share (EPS) as a Tool”
Don’t Give Away a Chunk of Your Tax Refund!
Tax paperwork in the U.S. appears complex on the surface. However, it is actually pretty straightforward if you don’t have complex financial arrangements. Most people who have a job working for someone else and receive just 1-2 W2s can do their own taxes. Don’t give a big portion of your refund away letting someone elseContinue reading “Don’t Give Away a Chunk of Your Tax Refund!”
Fight for a Good Credit Score
Having a good credit score is something worth fighting for. And, while there are different scoring companies which means you can have more than one credit score, you know at a base level if your score is good or bad. The easiest way to tell is if you pay your bills on time and payContinue reading “Fight for a Good Credit Score”
Market at Record High! Time to Sell?
The DOW and S&P 500 are at record high levels right now. If we are attempting to always “Buy low and Sell high”, right now is a definitive moment when we should consider locking in gains on certain investments. Which investments should we consider selling? Look at those investments that have run up rapidly, orContinue reading “Market at Record High! Time to Sell?”
Terrible Statistic About Small Investors
I have a bit of a commute to work in the morning and my channel that I listen to during the commute is Bloomberg radio. One of the guests they had on this morning brought up a statistic that about small investors that was shocking to me. He said that in a significant downturn 30%Continue reading “Terrible Statistic About Small Investors”
Realistic Annual Return for Planning
As you sit down and start working through long term savings calculators, what should you use as a long-term rate of return? Every percentage point makes a pretty big difference over a thirty to forty year time period. The short answer up front is you should use 8% if you have a portfolio primarily madeContinue reading “Realistic Annual Return for Planning”
Millennials the Highest Risk Generation For Financial Hardship!
I just came across an eye opening article that everyone, but especially Millennials should read! Here is the link, Millennials Are The Most Likely Of All Generations To Experience Financial Hardships And Money Troubles, According To Survey I’m not going to repeat everything said in the article but there a couple of recommendations at theContinue reading “Millennials the Highest Risk Generation For Financial Hardship!”
Never Leave Free Money on the Table
As a small investor you have to take advantage of every opportunity presented to you. Don’t ever leave free and available money on the table. One of the best is if you have a 401k benefit available to you with a company match. That is one of the very best benefits that you can haveContinue reading “Never Leave Free Money on the Table”
Patient and Disciplined Saving 