Tag: Tax
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5 Reasons Why Trusts Are Not Just For The Rich
A popular notion, that is often misunderstood, is that trusts are only for the rich. The reality is that a trust is helpful to people of all economic backgrounds. A trust is a legal arrangement that allows a person (the grantor) to transfer their assets, including cash, investments, properties, etc. to a private fund. This ... -
Know How You Can Use Municipal Bonds to Stay Flexible in 2020
Municipal bonds or munis are inarguably the safest long-term investments and highly popular among investors. In 2019, municipal bonds recorded their highest returns in five years. In fact, the Bloomberg Barclays Municipal Index rose 7.5 percent. These inherently safe investments are a type of loan made to the state or local governments to help them ... -
Federal Rate Cuts – How is your wallet going to be affected?
If you have been following the news, you will know that the Federal Bank reduced interest rates for the second time this year. Although the change was made by a slight margin and against the expectations of the President, it was warmly welcomed by financial markets as a buffer against global slowdown. The reduction by ... -
Surprising Money Statistics That You Need to Know
People spend their entire lives in the constant endeavor of building wealth. Money drives the world. It is, thus, necessary to have a sound understanding of the methods to earn and invest money. Moreover, there are also some other surprising money statistics that you should always know and keep a tab on. The more you ...