Investing

Compound Interest: The Good and the Bad

Compound Interest: The Good and the Bad

Compound interest is like a superpower: It can be used for either good or evil. The sentiment can be summed up in a famous quote by Albert Einstein, “Compound interest is the eighth wonder of the world. He who understands it, earns it. He who doesn’t, pays it.” Money Stacking …

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Volatile Markets: Here’s How to React

Volatile Markets: Here’s How to React

Newcomers to investing have enjoyed a long period of largely uninterrupted gains. They may not be as familiar with the inevitably volatile market that more experienced investors have endured. Stock Market Volatility For the less experienced, a volatile market refers to times when the common ups and downs in the …

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Why Investors Should be Excited About 2020 Stocks

Why Investors Should be Excited About 2020 Stocks

While past performance does not guarantee how a stock will perform in the future, many of the fundamentals that led to a healthy stock market in 2019 remain in place for 2020. Consumer spending, job growth, increased borrowing, decreasing trade tensions and corporate spending/investment are all fueling optimism about stocks …

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Ethical Investing: Making Money While Doing Good

Ethical Investing: Making Money While Doing Good

With all the global tragedies we’re experiencing as a result of climate change – wildfires in Australia and California, extreme weather across every continent – there has never been a better time to consider the consequences of our environmental footprint on this planet. On an individual basis, many people are …

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How to Live on a Dividend Income

How to Live on a Dividend Income

One of the most effective ways to increase your net worth is by making investments that provide passive income. For those who invest in the stock market, that means finding an equity that pays out a dividend. Investing in dividend stocks is one of the key strategies used by arguably …

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Are Home Improvements Tax Deductible?

Are Home Improvements Tax Deductible?

While many of us cherish our homes as more than a piggy bank or a financial investment, the truth is, there are tax advantages to owning a home. One of those advantages is the tax write-offs that we can use each year. Are Home Improvements Tax Deductible? The answer is …

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How to Invest Your First $10,000

How to Invest Your First $10,000

Congratulations! If you’re reading this because you have your first $10,000 to invest, you are already far ahead of the average American, who has a mere $4,830 in their savings account (according to a study by MagnifyMoney).  Give yourself a pat on the back for being above average, but know …

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Year-End Tips to Lower Your Business Taxes

Year-End Tips to Lower Your Business Taxes

Timing is everything – especially in business. Once the calendar flips to December, it’s time to strategize any end-of-the-year opportunities that can lower your taxes. Here are several ways to reduce your taxable income by being strategic about your expenditures.

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