Financial Literacy articles that will help increase your Financial IQ
March 20, 2023
Few terms in personal finance are as important, or used as frequently, as “risk.” Nevertheless, few terms are as imprecisely defined. Generally, when financial advisors or the media talk about investment risk, their focus is on the historical price volatility of the asset or investment under discussion. Advisors label as aggressive or risky an investment
March 10, 2023
The stock market can sometimes take investors on a wild ride. Should you consider selling yourstocks when the market drops?When investing for retirement or any other long-term goal, you will almost certainly experiencenerve-wracking times when your stock investments lose value. During these periods, you maywonder, “Should I sell now, invest the proceeds in lower-risk investments,
February 3, 2023
The IRS announced that the starting date for when it would accept and process 2022 tax-year returns was Monday, January 23, 2023. Tips for making filing easier To speed refunds and help with tax filing, the IRS suggests the following: Key filing dates Here are several important dates to keep in mind: Awaiting processing of
December 29, 2022
Big risks Speculators take big risks with the potential for big gains over a relatively short time period. They are generally sophisticated investors or traders with experience and expertise in the market in which they are trading. Speculators often try to predict price movements of an asset and may utilize leverage and other techniques to
December 27, 2022
You may donate money to charitable organizations throughout the year, for no other reason than your heart-felt desire to support causes that you care about. But if philanthropy is important to you, keep in mind that the associated tax breaks could potentially increase your ability to give. You might consider a more strategic approach to
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