When you log into your investment account, the last thing you want to see is that your account has experienced a dramatic drop in its value. However, this is a sight practically guaranteed to greet every investor at some point. Check out a few things you can do to hedge the value of your portfolio against market volatility. 1. Keep Your Cool Remember, you do not incur losses until you sell the investments that have experienced a loss.
26 February 2018
Does your medical practice accept medicare? If so, the reimbursement schedule for treatment changed as of January 2017. This new payment schedule was part of the The Medicare Access and CHIP Reauthorization Act of 2015, or MACRA. Under the new program, you have two options. You can accept a reduced reimbursement payment based on a flat-rate table of you can participate in the Merit-Based Incentive Payment System, or MIPS. There are both pros and cons to participating in MIPS.
20 November 2017
Planning for your financial future is one of the most important things that you can do to improve your quality of life and ensure you will have the ability to retire. Unfortunately, there are people that will frequently lack the training o experience to confidently oversee their financial planning needs. For these individuals, working with a professional financial planner can help them in a number of ways, and learning more about what to expect to get the most for these services can be very beneficial.
17 September 2017
Any time you are looking to make the most out of your financial life, it is important that you think with the long term future in mind. More specifically, you need to be sure that you are planning for retirement, so that working into the elder years of your life is an option and not a necessity. Properly planning for retirement is a large scale issue, but can be summarized in the three points below.
28 February 2017
Getting a divorce is never enjoyable, whether it was initiated by you, your spouse, or both of you. After many years, things can be very tricky because everything must be split up in even proportions. This ranges from money and possessions to children and pets, and these are not easy matters to handle. If you were in a living situation that had you hardly involved with the finances, you may be at a complete loss after the divorce.
10 August 2016
The process of planning for your retirement can seem like a stressful and overwhelming task. This can be particularly true for those with a limited understanding about financial topics. To help you be better prepared to make smart choices about this essential topic, you may benefit from having the following questions about annuities answered so that you can be better able to make informed choices about incorporating this into your retirement plan.
19 July 2016
As you plan for your retirement, there are a number of ways you can invest for your future. Annuities are a type of insurance, and an annuity gives you a stream of income during your retirement years. You invest in the annuity as part of your retirement plan, and you can choose how the annuity will pay out to you in the future. You can choose to receive monthly payments, quarterly payments, payments once a year, or you can receive your entire annuity payout at one time.
8 February 2016
Shark Tank is a television show where entrepreneurs compete for private equity bids from "sharks," private investors who have a lot of money to invest in budding businesses and a possible monetary interest if the businesses succeed. If you have never watched this show, you may want to. There are several things you can learn about private equity that you probably never knew before, and what you learn may help your own entrepreneurial endeavors.
20 November 2015
If you have an individual retirement plan such as an IRA, you are going to need to make sure that you make the most of it by the time you are ready to retire in order to ensure that you can stop working and still live comfortably. Here are some tips for making the most out of your IRA and saving as much money as possible. 1. Put Funds Directly Into Your IRA From Your Paycheck
13 October 2015
Some employer-sponsored 401(k) retirement plans allow participants to contribute more than the amount eligible for tax-deferral. Although income tax is paid on the additional contribution, interest earned is not taxed until withdrawn. Starting in 2015, individuals with both pretax and after-tax 401(k) contributions have increased incentive to roll their 401(k) over to an IRA. Many 401(k) account holders choose to roll their funds over to an individual retirement account because the IRA has a wider array of investment choices.
31 August 2015