Supply and demand tend to be the deciding factors to stock price fluctuations. However, the driving factor behind many investors’ decisions is conventional wisdom, or certain ideas or explanations that are generally accepted as true by the public. For more information on today’s market versus the idea of conventional wisdom, read this Investment Whys.
We define an investor as someone who invests for the long run–not someone who chases the market through excessive trading and market timing. At Henssler Financial, we follow a strategy called the Ten Year Rule; money needed within 10 years should be invested in fixed-income investments, while money not needed should be invested in growth investments. For more on the Ten Year Rule and how to plan for any kind of market, read this Investment Whys.
Awarding stock options has become a common employment incentive used by start-up companies or companies that are merging or buying other business. While stock options vary, the two most common types are Incentive Stock Options (ISOs) and Nonqualified Stock Options. For more information on your stock options and to discover which one is best for you, read this Investment Whys.
While you might dabble in real estate, you must be classified as a real estate professional before you can deduct job-related losses in full on your income tax return.
When you change jobs, it is generally a good idea to roll assets in your company-sponsored retirement plan into a Rollover IRA.
By adjusting how you allocate your savings for retirement, you are able to benefit the greatest from two of the most popular savings strategy plans, 401(k)s and IRAs. We suggest a savings strategy that is designed to maximize your after-tax return and investment flexibility. For more on savings strategies and how to determine the best amount to contribute, read this Financial Strategy.
Teaching children about the concept of money can be a simple lesson with a lifetime of benefits.
By using the Gift Tax Exclusion in your estate and income tax planning, you can give up to $12,000, per resident, per year, free of gift tax. This tax rule allows you to ensure the financial security of your family and loved ones. For more information about how to take advantage of a gift-giving program, read this C.P.A Insight.
For most high-income earners, the decision to make an IRA contribution is a personal one. One significant benefit of contributing to a Traditional IRA is the tax-deferred growth; however a significant drawback is the growth portion of future distributions is taxed as regular income. For the benefits and drawbacks of IRA contributions for high-income earners, read this Financial Strategy.
Legislation in Georgia has made credit freezes an effective and economical way to curb identity theft. Credit freezes lock your credit records so that no one other than you can establish new credit in your name. For more on credit freezes and how they differ from fraud alerts, read this Financial Strategy.