Throughout the pandemic, day trading has become extremely popular, especially among young people who, in most cases, have never invested in the stock market before. Coronavirus-induced lockdowns provided some with more time on their hands to try trading apps, like Robinhood, which are seeing a surge in business; millions of Americans are unemployed and may think it is a way to make up for lost income; and a…

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How to Invest Successfully for Retirement in 3 Easy Steps You’ll often hear about the importance of saving for retirement. But saving is only part of the picture. You’ll also need to invest your savings appropriately to ensure that your money grows into a substantial enough sum to sustain you as a senior. In order…

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LEV RADIN / SHUTTERSTOCK

Amazon takes pride in its ruthless efficiency: fast delivery, a gigantic variety of products, and demanding work culture. But efficiency isn’t the key to Amazon’s success. During an interview at the Economic Club of Washington, Founder and CEO Jeff Bezos said: “I believe in the power of wandering. All of my best decisions in business and in life…

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For people in drawdown mode, tips on asset allocation, Social Security, annuities, withdrawal rates, and more. Even retirees who are seasoned investors will tell you that transitioning from accumulating to spending from their portfolios is a challenge. The “right” withdrawal strategy seems to be a moving target. Devising an asset-allocation plan that balances safety and…

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Which blacklisted asset classes should I avoid? Financial advisors focus on asset class as a way to help investors diversify their portfolio. Find out what Wealth Advisor and Radio Show Host, Gregory Ricks, thinks about them. Do you have questions for Gregory? Press the ASK GREGORY below and your question could be featured next! ASK GREGORY We’re…

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Making money on investments is great news. Paying a portion of your profits to the IRS is less fun. But many investors can avoid paying taxes on most or all of their gains, while others can ensure they’re taxed at a rate well below what they pay on ordinary income. How can you make sure…

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Get ready to pay the IRS a lot less — and enjoy more of your money. No matter how much money you make, your goal should be to pay the IRS as little tax as possible. And the smarter you are about taking advantage of tax breaks, the greater your chances of that happening. Here are…

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