Many people want to invest in gold because it's a tangible investment, with intrinsic worth. While currencies can lose value, gold tends to hold its value. However, if you want to minimize your tax burden and invest in gold at the same time, you may want to consider an Independent Retirement Account (IRA) with gold. Here's what you need to know. IRA Contributions Are Tax Deductible As of tax year 2019, you can contribute up to $6,000 per year to an IRA, and as long as you put the funds into a traditional IRA, the contributions are tax deductible.
28 February 2019
Financial planning on a budget can seem like an insurmountable challenge. If you don't have a big portfolio, how can you maximize your investments to provide a better return? Here are four ways that anyone can try. Use a Fee Only Adviser. Do you need a financial planner? This person helps you take charge of your overall financial strategy, setting and meeting goals, as well as making adjustments as necessary. But many financial advisers receive commissions for the financial products they sell to their customers.
5 December 2018
When your business needs to construct a new building, it will need to choose between one of several types of loans that are available. You'll need to weigh the pros and cons to determine which loan will be the best for your business. Construction Mortgage Loans and Term Loans A construction mortgage loan is structured so that a portion of the costs of the construction are paid by the lender and another portion of the loan is paid by you as a developer.
1 October 2018
When it comes to your retirement, the sooner you can start saving, the better off you are. People are living longer these days and things are just getting more expensive, which means that it will cost you more to get through your retirement than it might have cost your grandparents. So, it's important that you start thinking about your future ASAP. What are some things that you can do to help get yourself ready for retirement?
11 July 2018
Are you thinking about buying a house? Will you be a first-time homebuyer? Buying a house for the first time can be an exciting experience. Not only will you be able to paint and redecorate how you like, you'll usually also be saving money when compared to renting. But before you can even start to look at houses, there are things that you should do first. Failing to do these things could result in a more lengthy home-buying process.
26 March 2018
Of the many factors that determine mortgage rates, there are some you can tinker with even at the last minute while others need time to be modified. Here are some of the factors that you can still modify even at the last minute: The Size of the Loan An average-sized loan attracts lower rates than extra small or extra large loans. The extra small loans attract higher rates because the lenders want to maximize their earnings from such loans.
26 January 2018
If you are someone who is looking for a contractor to help you with an upcoming construction project, you could be hoping that you will get multiple bids from different contractors. When accepting bids, it can be a good idea to require the contractors who are involved to have bid bonds. This is because bid bonds can help prevent a lot of problems that people sometimes experience when accepting bids from contractors.
25 November 2017
Children that are raised in the same household by the same parents can turn out to have very different viewpoints. This includes lifestyle, family, money, and all other choices. If you and your siblings have turned out to be different people, this may not cause a problem until you have decisions that you must make together. When your parents are getting older, they may no longer be able to care for their own affairs.
6 October 2017
If you encountered the unexpected -- a big change in your tax refund amount (or balance due) -- when filing your taxes this year, you may be confused as to why. While some refund changes are obvious, understanding why your numbers changed this year can often be a little trickier to deduce. To help you sleuth out the reason, here are 5 common reasons your refund may have changed significantly.
23 February 2017
If a friend, significant other, or family member is arrested, they may come to you and ask you to co-sign on their bail. Many bail bonds companies require a co-signer, as it is a way to ensure they will get their money if the defendant runs off, doesn't pay their bail amount or doesn't show up for court. Deciding whether or not to co-sign for someone's bail is a big decision.
14 February 2017