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Monthly Archives: March 2016
Beware the bogus IRS
Most people have seen bogus emails purported to be from the executors of the estate of Nigerian princes or other obscure foreign notables who want to give them millions of dollars, and sometimes they get bogus calls telling them they … Continue reading
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The Most Complicated Part of Your Estate
In recent years, a new category of assets has appeared on the scene, which can be more complicated to pass on at someone’s death than stocks, bonds and cash. The list includes such valuable property as digital domain names, social … Continue reading
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Your Daily Guide to Millionaire Status
Chances are, you know that it takes steady savings to accumulate wealth. A recent article in Business Insider actually calculated how much you’d have to invest each day in order to become a millionaire. Suppose your investments earn an average … Continue reading
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Recovery—For How Long?
Recently, the U.S. stock markets went up 2.39%, the highest one-day return in a month. Analysts attributed the rise to a variety of economic news that suggested that the American economy is not, after all, plunging into recession. The buoyant … Continue reading
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The Anxious Bull
We’re in one of the longest-running, biggest wealth-producing bull markets in history, but you wouldn’t know it from the headlines or the gloomy mood of investors. On March 9, the bull market in U.S. stocks, represented by the S&P 500, … Continue reading
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Leading the World in Wasted Time
America leads the world in economic productivity, total economic output, earnings and wealth per citizen and a variety of other categories. Now we can add something new to the list: time spent in automobiles during our daily commutes to work. … Continue reading
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Estate Tax Complexities
Years ago, the way to most efficiently save on estate taxes was to set up credit shelter trusts that would pour assets from one spouse to another when death occurred, so that both spouses would get the maximum estate tax … Continue reading
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What’s Riskier Than the Riskiest Stocks?
Any seasoned investor will tell you that buying one stock is riskier than buying a basket of stocks. The underlying concept is diversification—the idea that the movement of the shares of many different companies, taken together, will be smoother than … Continue reading
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Tips for Medical Professionals to Avoid Being Victims of Fraud
As a medical professional, having high income potential and a sizable portfolio is a common occurrence. A big paycheck and a large nest egg are two of the benefits that come from the hard work they have put in during … Continue reading
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Are your Investments Working For You?
Dealing with investments and insurance products can be complicated and difficult to navigate, which is why many seek out the services of financial advisors, financial planners, or estate planners. But beware: Most financial “advisors” or “planners” are trying to get … Continue reading
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