How to report crypto on your taxes this year
Make no mistake: You need to report your crypto activity on your tax return. Cryptocurrency has become very popular in recent years, and that hasn’t gone unnoticed by the IRS. If you were active in […]
How the Biden Administration’s Secure 2.0 Act could affect your retirement
The $1.7 trillion federal government spending package recently passed by Congress and signed into law by President Biden includes a collection of provisions that will change and expand the existing retirement savings system, including […]
What could happen to the stock market during the holidays?
During the holiday season, the activities and schedules of Americans tend to change as people increase their shopping and take time off to gather with friends and family to celebrate. And the quirks of […]
How to afford a financial advisor near you
Investing can be complicated and intimidating, so people often look to hire a financial advisor to help figure out the best solutions to meet long-term financial goals. But before they hire an advisor, investors […]
What the Inflation Reduction Act means for you
President Joe Biden signed the Inflation Reduction Act in Aug. 2022. While the law’s name alludes to the Biden administration’s desire to bring down historically high price growth, analysts say its impact will be […]
What you need to know about risk tolerance during a recession
Investing is a lot like riding a roller coaster. Some love the thrill of taking big risks with the possibility of getting even bigger rewards. Others get anxious with every market dip and downturn. […]
Why is the stock market so volatile right now?
Conversations about the stock market are usually tied to comments about its volatility — how frequently share prices go up and down. The choppy nature of share prices can be intimidating to some investors, especially […]
Ready to buy a home? Watch out for this affect of inflation
While the inflation rate doesn’t directly impact mortgage rates, the two tend to move in tandem. Rising inflation can shrink purchasing power as prices of goods and services increase. Higher prices can then influence […]
The hottest investing trends you should know about now
Heading into 2022, many investors had a brighter outlook on the U.S. economy and financial markets. Both staged impressive rebounds in 2021 after Covid-19 quarantine measures triggered wild volatility. Vaccine breakthroughs and stimulus checks […]
Should you be saving or investing right now? Here’s how to tell
Many people use the terms saving and investing interchangeably because they go hand in hand to ensure financial stability. But saving and investing have many differences that you should know when planning for your financial […]
5 investment tips every retiree should know
A lot of personal finance advice is about saving for retirement. But the need for saving and investing doesn’t stop once you’re done working; seniors also need to maintain a sound investment strategy during retirement. […]