Time versus money Time is one of our most valuable resources, and sometimes money is the tool that allows us to buy more time with our families or to do things we enjoy. Does it increase happiness? Researchers took a look and found it does. This was the primary finding of a study by University of British Columbia psychology professor…
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Impact of Inflation on Spending
Investing to Outpace Inflation One of the reasons we invest in markets is to protect our money from the corrosive impact of inflation. When prices increase over time, the earning power of a dollar is reduced.That’s what inflation is: the erosion of the real purchasing power of wealth. Inflation is an important aspect of investing. In many cases, the reason…
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Mid-Year 2018 Tax Planning
Half-Time: Taking Stock of the Tax Changes The Tax Cuts and Jobs Act passed in 2017 changed the federal tax landscape for both individuals and businesses. Many of the provisions in the legislation are permanent, but many others (including most of the tax cuts that apply to individuals) expire at the end of 2025. Here are some of the significant…
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Planning for Remarriage
If you are thinking of marrying again… For those courageous enough to remarry, there are many financial questions to answer together. How will you combine finances? This issue gets thornier the older you are. You’ll want to create a financial strategy that considers the assets, liabilities, and financial responsibilities that each partner brings to the marriage. Financial planning for remarriage…
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Wise Words for Volatile Times
Wise words to soothe volatile times in the stock markets, from some of the best investors: “Investors should remember that excitement and expenses are their enemies. And if they insist on trying to time their participation in equities, they should try to be fearful when others are greedy and greedy when others are fearful.” — Warren Buffett “Most of the time…
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