4 Yearlong Tax Tips for Retirees
During retirement, your wealth needs to last for the rest of your life. Avoid paying more taxes than you need to by keeping these four tips in mind throughout the year.
2020 Tax Code Changes: What You Need to Know
IRS inflation adjustments are meant to ease federal taxes for taxpayers. It pays to know the most recent changes, which you can use to prepare for the 2020 tax year.
What Is the Role of Gold in a Portfolio?
To say that the past six months have been a rollercoaster ride for investors would be an understatement. Thus, it's no surprise that the price of gold has risen to its highest level since 2011. In this context, it's especially relevant for investors to understand how gold can be an important supporting cast member rather than the center of attention.
4 Things That Will Be More or Less Expensive After Coronavirus
From record low gas prices to more expensive groceries, COVID-19 has changed the modern consumer experience. As life returns to normal, here are 4 markets where we'll see price changes.
5 New Hobbies You Can Try While Staying Home
If you're tired of watching Netflix and just don't know what to do with all this free time, consider picking up any of these 5 hobbies.
A Market Downturn is a Great Opportunity to Invest
If you have turned on the TV over the last month, I’m sure you have heard all about the coronavirus. The virus is impacting lives all across the world, and financial markets haven’t been spared either. Market volatility is very high, and stock prices have shifted downward. However, if you have excess cash above your cash reserves that could be used for retirement or other general long-term investing, this could be a good time to invest for your long-term goals.
Coronavirus Update
Investors and economists have been squarely focused on the spread of the new coronavirus, officially referred to as COVID-19, and its impact on the global economy. Government efforts to contain the spread of the virus have already impacted economic activity in China and other parts of the world, creating significant economic uncertainty. This has resulted in a stock market pullback over the past two weeks that some have referred to as the "coronavirus correction" and "virus volatility." While much ink has already been spilled on the topic, investors naturally still have many questions about what lies ahead from a long-term perspective.
Why Global Diversification Is Important Despite the Coronavirus
Global stocks have been in the red this year due to fears of the spreading coronavirus and geopolitical instability. The Chinese stock market, at the epicenter of the public health crisis, and emerging markets more broadly, have taken the brunt of the hit. At the same time, U.S. and developed market stocks have swung in both directions on a day-to-day basis. Given this heightened sense of fear from some investors, staying calm and internationally diversified is as important as ever.