Credit scores. If you’ve ever rented an apartment, bought a car or applied for a loan, you know what it is. It’s a score that tells lenders how financially reliable you are and how good you are at paying off your debts. But it’s so much more than that, too. There are rules to the…

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A self-directed IRA (SDIRA) is a kind of retirement account that allows you to invest in assets that are off-limits to regular IRAs. You directly manage your self-directed IRA, and so are responsible for researching your investments and their tax consequences. In general, self-directed IRAs are available only through a custodial service that specializes in…

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Because a few fresh perspectives, and fresh strategies, may be all you need. One of my favorite things to do is ask writers whose books I love to list a few books they love; it’s a great way to get excellent recommendations. The same applies where business is concerned. If you’re a fan of Warren Buffett‘s, then reading…

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Between deepening Washington gridlock and election year politics, just a few months ago we were expecting 2020 to be a quiet year in terms of tax law changes. But, boy, were we ever wrong! The government funding bills signed by President Trump in December 2019 included a lot of tax provisions. The economic stimulus packages…

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Picking a winner is harder than you think Holding a variety of assets reduces your portfolio’s overall level of risk. GETTY IMAGES/ISTOCKPHOTO One of the most important ways investors take care of their portfolios is by diversifying their holdings. If you’re not sure exactly what diversification is, or how to make it work for you,…

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Some individuals who did not receive their economic impact payment – or received less than they were eligible for – may not have to wait until next year to see the amount corrected. The Taxpayer Advocate Service will help the IRS resolve stimulus check issues beginning on August 10 – and the IRS will start correcting payment…

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Are your retirement savings growing as fast as other people’s in your age group? Did the conoravirus knock your retirement off track? The answer might be surprisingly upbeat. In a season filled with distressing news about the coronavirus pandemic, disappearing jobs, lost income and — don’t forget — civil strife and racial injustice, some Americans are constructing very…

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