Do you ever wonder why you or people you care about repeatedly make risky investments? We both know it isn’t because risky investments pay off – they don’t. So why are people drawn to these schemes even though they have plenty of experience that tells them to stay away? I’ve noticed that the same individuals […]
What Is Included in a Taxable Estate?
Have you ever wondered what is considered part of your taxable estate? If you haven’t ever thought about it, you should. That’s because the size of your estate determines your estate tax liability. Currently, estate tax only kicks in if your gross estate exceeds $5,000,000 per person. Any amount above that gets taxed at 35%. […]
REIT Investing Is Too Risky – Here’s Why
REIT investing may appeal to you as a way to collect some nice income checks and to diversify your portfolio in order to reduce investment volatility. That makes sense to me – the potential rewards do look juicy. But before you take the plunge, please consider the risks. What are REITs? A REIT is a […]
What Is an Asset Class?
If you want to be a better investor, it’s very important for you to understand what an asset class is. The answer is very straightforward: it is a group of assets that react in a similar fashion to a variety of financial forces. What are examples of asset classes? Stocks or equities Bonds or fixed […]
Should You Create an IRA Trust?
If you’ve created a family trust you might be wondering if you should also create an IRA trust. In some cases, this can be a very clever move, but in other cases it could be a colossal error. Let me explain. Background The beautiful thing about retirement accounts is that they have some very powerful […]
Goalmine Review – Any Good for Beginner Investors?
If you are a beginner investor it’s really hard to know where to start. I know that because I get emails every week asking just that question. There are many sites that profess to help people just starting out in the investing game and one such site is Goalmine. I’ve done an intensive review of […]