The lure of trying to time the market may tempt even long-term investors. But outguessing markets isn’t as straightforward as it sounds.
It can sometimes be hard to understand just how large the U.S. economy is compared with the other countries of the world. You’ve probably read that California alone, if it were an independent country, would have the world’s fifth largest economy. But what about the rest of the states?
How to Avoid Losing Money When the Market Tanks. Even though the evidence overwhelmingly proves that time in the markets is more important than timing the markets, people still try at every market downturn.
Make a Lot of Money But Not Getting Rich? As our income rises, we tend to experience 4 phases of growth. How we recognize and handle each phase dictates our likelihood of actually becoming wealthy in the long run.
ax season is over… why in the world did I just receive a Form 5498?! A brief explanation on why you received Form 5498 and what to do with it.
The Future of Social Security & Medicare and How it Affects You. Kevin recommends the 3 SPECIFIC STEPS he recommends you take to be prepared for any potential shortfall in your benefits.
Kevin Gormley CFP, CPA® discusses the five most important steps you should consider when it comes to investing in rental real estate. No matter how ‘easy’ you may have heard owning rental property is, you could find yourself in real financial trouble without a good process to analyze the property, the local area, cash flow, and the tax implications of your rental property.
Many taxpayers seem to be confused about how tariffs work. The President has said that American tariffs on Chinese products are bringing in unspecified “billions” to the U.S. government. That may be true, but the source of those “billions” is not China or Chinese companies. Importers pay the import taxes when the items they’ve purchased overseas cross the U.S. border. With import taxes as high as 25%, it is all-but-guaranteed that the price of these items will be higher when sold to American consumers.
Despite the slight market downturn Monday, as the trade conflict between the United States and China intensified, 2019 is off to an amazing start! However, don’t let your guard down. The next recession may be on its way. Here are 6 ways to prepare for it.
Today we’re sharing an article filled with the “secrets” you need to know to achieve your financial goals.