Posts Tagged‘finance’

Will the bulls or bears rule the markets in 2017?

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As someone who is trying to turn their life savings into long-lasting wealth, the question of where the S&P is going to go in the quarters ahead is most definitely on your mind. With the current administration in office, it feels like stocks could go either up or down in 2017. However, there are a number of signs that people should heed, as they will signal a movement in one direction more than the other. Investors like Larry Polhill are constantly putting out feelers for these indicators, as he has been an avid trader for many years. Like you, he…

The Investment Square for Novices

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There’s an old saying that those people who suddenly come into money most probably won’t be wealthy forever. At times this might be because of just lavish spending, but on other occasions it could be due to poor investment decisions. Unfortunately, unless you are particularly gifted, your shrewdness in relation to investing will most probably only improve through experience. In fact, most people don’t really have much of an idea on what the various types of investments are; most simply group them all into one category. As it turns out there are four main groups and if you are serious…

What’s an acceptable amount of Debt?

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Photo via Pixabay.com It’s hard to give an exact figure when we ask how much debt is a reasonable amount of debt to have. Of course, it depends on so many things, such as the stage of life you’re at, your salary, your outgoings, and so on. Investopedia suggests that a good rule-of-thumb to calculate a reasonable debt load is the 28/36 Rule. The rule suggests that households should spend no more than 28% of their total income on housing expenses (this would include things like mortgage payments, home insurance, and so on), and a maximum of 36% on total…

Use tax Break for Philanthropy

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Who does not love paying lower taxes? While cheating on paying taxes is a federal crime, there are ways one can legally lower the amount of taxes paid to the government. 170 Exchange transactions, commonly known as Bargain Sales, are usually used to receive immediate tax savings from the disposition of under-utilized commercial assets. The Welfont Group, a boutique commercial brokerage firm that focuses on acquiring depressed commercial real estate properties, is a seasoned professional when it comes to smoothly executing the 170 Exchange, as approved by the Internal Revenue Code (IRC). How the Welfont Group Finances the Mercy Foundation’s…