Problems with taxes. Handcuffs and money. Tax evasion concept. getty When my grandmother was with us, I took care of her finances including filing her tax return every year. Her return was very simple, and I usually finished it well ahead of the April 15th deadline. One year, I completed it in early March and… More
To have know-how or to have knowledge. Hand turns a dice and changes the word “know-how” to … [+] “knowledge”. getty L. Paul Hood Jr., Director of Giving at the University of Toledo Foundation, Toledo, OH; and, one of the Deans of the estate planning community, recently wrote an article in the NAEPC Journal of… More
getty How often did your financial advisor contact you in 2020? How frequently did he or she call to see how you were doing, provide proactive guidance, or advise you on new opportunities, including those available under the CARES Act? If the sound of crickets is the only thing that comes to mind, it might… More
Topline Bitcoin, the world’s largest and most popular cryptocurrency, surged past the $40,000 plateau Thursday for the first time in its history, pushing the total value of the entire cryptocurrency market beyond $1 trillion, which also represented a historical first. A photo of Bitcoin in Shiyan, Hubei Province, China.- PHOTOGRAPH BY Costfoto / Barcroft Studios… More
UKRAINE – 2020/08/26: In this photo illustration one hundred US dollar banknotes are seen on … [+] display. (Photo Illustration by Igor Golovniov/SOPA Images/LightRocket via Getty Images) SOPA Images/LightRocket via Getty Images They’ve been making money. They’ve been paying dividends in excess of 3%. Their price/earnings ratios are well below that of the stock market… More
Topline JPMorgan Chase will pay a record $920 million to resolve a criminal investigation by three federal agencies over its role in the alleged manipulation of precious-metal and Treasury markets, federal regulators said on Tuesday. The bank settled probes of market manipulation in precious-metal and Treasury markets over an … [+] eight-year period. Win McNamee/Getty… More
Macro view of a shiny golden bar. Fine gold ingot close up. Financial success, business investment … [+] and wealth concept. 3D illustration Getty It made news earlier this year when Berkshire Hathaway BRK.B revealed the purchase of Barrick Gold stock. Warren Buffett and Charlie Munger are not known as gold bugs in the global… More
close up photo of one hundred dollar note, money background getty Each of these stocks pays a dividend of greater than 3% — which is significantly more than U.S. Treasury bonds or notes are paying right now. Obviously, an investor in an equity is taking on more risk than purchasing government-guaranteed rates but some may… More
Topline The market fell sharply on Thursday as tech stocks continued to struggle, while conflicting timelines on a coronavirus vaccine and uncertainty around the next fiscal stimulus bill from Congress also weighed on investors. Stocks were under pressure again on Thursday. Spencer Platt/Getty Images Key Facts The Dow Jones Industrial Average was down 1%, nearly… More
TOPLINE Though many on Wall Street were surprised by Walmart’s recent announcement that it has teamed up with Microsoft in a bid to buy TikTok, a deal would allow the retailer to leverage the social media app to reach younger consumers and build its e-commerce platform, analysts say. A deal for TikTok could be a… More
getty Too many people don’t take their IRA and 401(k) paperwork seriously enough, and that leads to terrible consequences. Here are two recent cases that will surprise and shock a lot of people. The first case involves an IRA owner who failed to notify the custodian that he moved. At least, the IRA owner’s new… More
TOPLINE The S&P 500 is officially out of its 2020 bear market after hitting a new record high on Tuesday, and the massive rebound has been led by energy, homebuilding and retail companies whose shares have more than doubled over the last five months, according to Bloomberg data. Whirlpool’s logo on the front of a… More
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