Quarterly Market Review – Q3 2019
Central banks across the globe are in easing mode, US-China increased trade tension brings uncertainty, and the risk of recession seems to be growing (slightly) but doesn’t seem imminent.
Central banks across the globe are in easing mode, US-China increased trade tension brings uncertainty, and the risk of recession seems to be growing (slightly) but doesn’t seem imminent.
“Timing markets is the dream of everybody. Suppose I could verify that I’m a .700 hitter in calling market turns. That’s pretty good; you’d hire me right away. But to be a good market timer, you’ve got to do it twice. What if the chances of me getting it right were independent each time? They’re not. But if they were, that’s 0.7 times 0.7. That’s less than 50-50. So, market timing is horribly difficult to do.” - Professor Robert Merton
You’ve likely heard that getting married can mean big tax breaks in your future, but the truth is you need to do your math and research carefully before filing.
When done with the right intentions and adequate research ahead of time, embarking on a voluntourism experience can be mutually beneficial for both the traveler and communities in need.
There are various ways that you can safeguard your personal financial information to prevent it from falling into the wrong hands. Consider these seven protective measures to caution yourself against any theft or malicious use of your financial information.
Deciding to go for a lower interest rate on your mortgage may sound like an easy decision to make, but you should always take into account the varying costs associated with refinancing.
If you’ve been fighting debt, you’re not alone. The average American has $15,950 in credit card debt, and 39% of Americans carry a balance from month to month. Debt can cause many emotional and psychological effects so it’s important to implement steps to overcome the emotional effects of debt.
When reviewing some of their key differences, the most important thing to ask yourself is “When is the most advantageous time to pay tax on my income?”
A fundamental characteristic of financial planning is that it is more of a long-term process than a singular event. While we can quantify where we are presently and what we'd like to achieve in the future, the actual journey from point "A" to point "B" will involve variables, such as inflation and portfolio returns, that we can only make estimates or assumptions about today. Fortunately, we have plenty of data on which to base those estimates. However, our short-term investing experiences most often don't align exactly with our long-term estimates, which can make "staying the course" difficult, particularly during times of increased market volatility.
Are you a freelancer or self-employed? If yes, then you already have much to manage when it comes to your books, but adding taxes into the mix further complicates matters. Use these tips as a starting point to evaluate deductions and determine if you can file on your own or should seek help from a professional.