June 29th was a dark day for the markets: Spooked by turmoil in Greece, the Dow Jones and S&P 500 indexes each plunged 2%. The drop was the sharpest of 2015, but from a historical perspective, it wasn’t all that noteworthy. According to JP Morgan
There is an old piece of tax wisdom that says, “It’s not what you earn, it’s what you keep.” And that has never been more true than today. Currently, income taxes have risen to a top rate of 39.6%. There are also a few additional
This month, it seems that good news is bad news once again. A series of positive economic data (mainly stronger employment growth) lit up markets with fear that growth would rebound sharply in the summer months, just like in 2014, and that a better economic
Retirement accounts like IRAs and 401(k)s are hugely popular—and the reason is their tax advantages. But traditional IRAs and Roth IRAs are very different: Assets in your IRA grow tax-deferred, while assets in your Roth grow tax-free. And if you’re wondering what on earth that
If investing seems complicated, it’s mainly because of the way we’re wired. Over eons, we’ve developed tendencies and biases that have helped our species to survive. Those tendencies are based on the primal emotions of fear and greed. Many investors fall into these two categories
In recent economic data, employment matches expectations, manufacturing flattens after a period of decline, and auto sales growth continues to moderate. Employment: The U.S. economy added 223,000 jobs in April, matching expectations. However, it wasn’t all good news; the March estimate was reduced from 126,000
Here are three important tips to start a business. Starting a business is a lot like getting married. In both cases, there’s a certain amount of logic involved, but ultimately, it’s powerful emotions that propel us toward making the leap. If you’ve never thought of
Tax time is upon us once again, and for many, that means facing the dreaded alternative minimum tax (AMT). AMT was instituted in 1969 as a way to prevent those instances in which very wealthy people used deductions to escape paying any federal taxes. Unfortunately,
Dollar-cost averaging—the practice of purchasing securities at fixed intervals and in equal amounts over time rather than in one lump sum—has long been used as a way to avoid jumping into the market at the wrong time. To illustrate how dollar-cost averaging, or DCA, works,
You’re feeling pretty confident these days. First, you’re doing awesome work at a great company, and second, your restricted stock units (RSUs) have vested. Now for the big question: When do you cash your shares out? If you’re like most RSU recipients, you plan to