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6 Easy Ways to Simplify Your Financial Life

If you’re looking for some easy ways to simplify your finances, consider simplifying your financial life in 6 easy steps. Despite our best intentions, it can be easy to fall behind on our financial goals. After all, family, professional and personal responsibilities (along with some of the difficulties created by the pandemic) can make it…

12 Ways COVID-19 Will Change the Tech Industry

The full impact of the COVID-19 pandemic is still unfolding, but it’s already clear that the outbreak will spark major changes in the technology industry, which has already been called on in a big way to preserve social community and workplace collaboration as billions of people are forced to stay home under some variety of…

I’m an investing novice – where do I begin?

Throwaway so my friends don't see all my personal information… but basically I (26F) don't know where to begin with investing and would love some help. I want to have some long-term investments (set and forget) that will hopefully payout as much as possible in the next 20-30 years. I don't make a ton, but…

Why you should pay your rent if you can

I’ve been seeing a lot of people saying they aren’t going to pay their rent this month and felt I needed to say something. I’ll start by saying I am not a landlord but am employed by a property management company. I understand that a lot of people have lost their job and are unable…

Annuities

Can anyone tell me if there is a way to get quotations from multiple financial/insurance companies on buying a life annuity? Thanks Statistics: Posted by Curlermon — Mar 29th, 2020 4:19 pm * This article was originally published here

Where is my Equifax free credit monitoring from the breach claim

A while ago, Equifax gave out free credit monitoring or compensation up to $125 for a data breach. I was found to be eligible and selected the free credit monitoring but never got an email or any information on it. Did anyone actually get response from Equifax about their claim? submitted by /u/yssparta…

Where Is the Stock Market Headed Now? 14 Wall Street Pros Sound Off

Getting a handle on the stock market’s direction is becoming increasingly difficult as volatility has ratcheted up and daily moves of 5% or more have become commonplace. The S&P 500 has already lost a third of its of its value from its Feb. 19, 2020, peak, and some (though not all) analysts see even lower…

10 Coronavirus Stimulus Measures That Could Help You in 2020

The coronavirus (COVID-19) outbreak is crushing the U.S. economy. The stock market is tanking (we’re now in a bear market), businesses are closed, unemployment claims are spiking, consumer spending is down sharply, 2020 GDP estimates are dropping fast, and recession fears are rampant. We’re in a bad place. But the federal government is making moves…

Is refinancing your auto loan bad?

Not sure if this is the place for the question. I’ve thought about refinancing my auto loan recently. I can make the payments fine as is, but I could use some breathing room. I’ve tried to look around the internet about it but so many sites are split between “Refinance, it’s amazing and doesn’t hurt…

The 12 Best Low-Volatility Stocks of the Market Crash

When stocks go from setting all-time highs to tumbling 20% into a bear market in only three weeks, there are precious few places for equity investors to hide. But that doesn’t mean defensive, low-volatility stocks aren’t doing their jobs. Investment professionals helping people construct a diversified portfolio always harp on the need for stocks that…

Obtaining Bitcoin or other cryptocurrency to pay for services

Looking for an advice on purchasing Bitcoin not for investment purposes but to pay for services. What would be the best way to do it with lowest cost possible? I only plan to purchase about CAD20 worth of Bitcoin to begin with. Statistics: Posted by iakov — Mar 12th, 2020 3:26 pm * This article…

Work Relocation and Taxes

In 2019 I accepted a new job which required relocation. My new employer covered all aspects of my move (movers packing up my house, covering realtor fees for selling my home and buying a new and the other costs associated with that, temporary room and board, as well as a cash bonus for any fees…

Should I pay down active credit cards, or defaulted accounts first?

I’ve been through a pretty significant financial situation over the last few years. Racked up credit card debt while I was making good money, lost my job, was left with payments I couldn’t make, and have spent the last 3 years trying to find a good job and get myself out of this hole. I’ve…

Should I change my investment allocation for my Roth IRA?

Currently I have AAPL, IXUS, ITOT, and AGG in my Roth IRA currently. I basically have nearly $11,000 in the account total. I am 28 and have an aggressive strategy right now. I was thinking about keeping AAPL because it has appreciated significantly since I acquired it, but am considering selling off IXUS, ITOT, and…

15 Mid-Cap Stocks to Buy for Mighty Returns

Mid-cap stocks aren’t exactly spotlight hogs. Many investors buy into large companies because they tends to be more stable, plus information and media coverage are more readily available. Investors also know to buy small-cap stocks if they want to make aggressive growth investments to boost their long-term returns. But mid-caps – typically, stocks between $2…

Optum Bank vs Discovery Bank HSA

I have a HDHP with an HRA but my employer does not offer an HSA. My understanding is that I still qualify for an HSA with the HRA. Deductible is 2500 each for me and my wife after HRA deduction and 12000 out of pocket maximum combined. ​ All of my investments are with Schwab.…

10 of the Cheapest Warren Buffett Stocks

Warren Buffett, chairman and CEO of legendary holding company Berkshire Hathaway (BRK.B), is often called the greatest value investor of all time. Although Buffett identifies targets based on their “intrinsic value,” a number of Berkshire’s holdings look like cheap stocks by more prosaic value indicators, too. Not every stock held by Berkshire Hathaway is necessarily…

Best Place To Get a Boat Loan?

Google churns up plenty of predatory lenders with 19% interest or higher, but if I wanted that I could just put it on my credit card. Little background, I’m buying a used boat for $17000 from a broker, and I guess they don’t help with financing like a car dealer would. Talked to the bank…

5 Ways Your 401(k) Is a Tax Trap (and What to Do about It)

Just about every financial expert I know advises savers to contribute to their company’s 401(k) plan — at least enough to receive the employer’s matching contribution. I can’t argue any differently. That company match is free money — a bonus from the boss — so why not cash in if you can? And, of course,…

How does 1099 work?

Just as the title said, I will be working 2 jobs, one full time and another as a 1099 employee. I want to know how the taxes and things work as a 1099, cause I don’t want to deal with the IRS down the line. I just need to be pointed in the right direction…

Home Buyers Plan Questions

Hello. I have few questions about the Home Buyers Plan. Sorry if this has been asked or the answer is obvious. 1) Since the withdrawal needs to be used within 30 days of withdrawal, when is the best time to request a withdrawal given that it can take time from the day you requested the…

Coin counting machines

I have a few containers of coins (don’t ask) and wish to convert to bills and/or deposit. I am not going to use those coin counters in the supermarkets which charge a fee.Does any of the banks still have coin counting machines? If not, guess I have to roll them and then deposit – if…

Bad idea to buy the house next door?

We own a home and raise our daughter in a residential neighborhood and for the 6 years since we moved in there was a very nice family renting the SFH next door. Last summer the owner of the place (who's not the sharpest tool in the shed) got into a financial pinch, decided to sell…