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Topic:
Financial Literacy & Fundamentals
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Capital Gains Tax Brackets: More Complicated Than You Think
Your Tax Bracket is a Product of Economics and Personal Finance For a long time, capital gain taxes were pretty straightforward. If you purchased property for investment and held it for more than a year, the government taxed any gain at a lower rate than they would ordinary income. In recent years, however, changes to the tax…
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Irrational Investing: You’re Not the only One Who’s Nuts
Good news! You’re not irrational, you’re human. I just came from one of the most exciting lectures I’ve ever attended. That shouldn’t be a big surprise, because Danny Kahneman, the speaker, is a Nobel Laureate. Professor Kahneman received the Nobel Prize in economics for what has become known as Behavioral Economics. Basically, his studies brought…
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When clients want to ride out the rest of the year in cash
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Evensky & Katz / Foldes
“For folks that need cash, we’re proactive about having that set aside,” said Brian Fischer, senior financial adviser at Evensky & Katz Foldes Financial. “But what is in the market is money that will be needed over the long term of the next 15, 20 or 30 years.
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Having an Emergency Fund Is More Important than Ever.
For millions of Americans the economic disruptions caused by the coronavirus outbreak have highlighted the importance of emergency savings. One problem: With interest rates near record lows, finding a great place to keep that money is harder than ever.
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Stay Cautious about Stimulus Scams
One provision of the CARES act is a stimulus check for millions of taxpayers. These payments began to roll out the weekend of April 11 and will continue to be deposited to taxpayer bank accounts, with paper checks possibly following in May. The stimulus checks have created a ripe environment for fraudsters, likely heightened by…
