20 July 2021
When you've accumulated enough money to invest, you'll probably wonder whether you should go it alone or work with investment advisors. Indeed, you're putting a lot of money on the line, and you need a professional to guide you through the intricate tax, investing strategies, planning, and securities options. When you identify a seasoned advisor, they'll assess your financial capacity and get you closer to your investment goals. Often, making an investment decision comes with emotions.
14 May 2021
Small business owners take on a lot of responsibility every day. When your expertise lies within your company's industry, that can leave you struggling to deal with many of the other tasks that come with business operation. The good news is that there are ways to simplify things without having to expand your business faster than you're ready for. One such option is to invest in payroll services. Here's a look at why even small businesses can benefit from working with a payroll service provider.
5 March 2021
Does your employer offer a 401k? While many do, there are still many who do not. If you do not have access to a 401k at your job, where should you invest your money for retirement? Some people do not save money for retirement, and they might end up without any cash to use when they finally stop working. Others, though, find alternative ways to invest for retirement. If you need some help with this, talk to a financial advisor.
7 December 2020
When you get divorced, a lot of things in your life change. While dealing with change is not easy, one thing that must be taken care of in a time like this is your finances. In fact, when you go through a big chance like this or a significant tragedy in your life, you need to sit down and take a close look at your finances and assets to see how they line up.
9 September 2020
Retirement planning is something many young people do not consider. Many people think that retirement planning is something you should not worry about until you actually near retirement. It is important to consider your future at any stage in your life, whether you are just entering the workforce or you are thinking about leaving it. If you are thinking about retirement, you might wonder what you can do today to plan.
30 July 2020
If you want to retire without a lot of stress someday, you need to make sure you are managing your wealth now. Wealth management is a lifelong learning process, and if you do it right, you will end up with more money than you started with by growing your investments. Being able to grow your money through your investments allows you to build wealth without having to work for every penny.
6 July 2020
During the current bear market, you may be questioning whether a passive or active investment strategy will help you achieve your financial goals. The debate over when and if active fund management outperforms passive fund management rages on. While passive funds have been widely reported to deliver a superior risk-adjusted investment, the bear market is shining new light on active performance management. Here's why many financial model portfolio building services will recommend a mixed portfolio of active and passive funds.
22 June 2020
Consulting a financial planner is one of the most effective steps you can take toward managing and paying off your debt. A professional can give you short-term relief by reorganizing your debt, help you set up a plan to pay it off long term, and address any spending and budgeting issues you may have in the meantime. 1. Short-Term Relief Depending on where your debt is—e.g. credit cards, student loans, mortgages—your financial planner will be able to help you in the short term by helping you organize your debt so it can be paid off easier.
16 June 2020
If you are a small business owner, you are used to doing everything yourself — or at least doing almost everything yourself. This likely includes managing your books and doing your accounting. However, an option that might benefit you is to hire a small business accounting professional or firm to help you with your small business accounting. Get to know some of the main reasons you should hire an accountant to take care of these things for you.
20 May 2020
If you plan to transfer real estate property to your estate, the current lower values provide an opportune time. A larger percent of assets can be gifted without triggering a taxable event. The 2020 federal estate and gift tax exemption reform, moreover, doubles the exemption amount to $11.58 million for individuals. Real estate transferred to your estate over federal and state exemption amounts will be taxed at 40 percent. Alternatively, you can adeptly deploy tax strategies to allow assets to appreciate outside of taxable structures.