As winter approaches and the holiday season commences, the last topic on your mind may be selling your home. But did you know the best month to make an offer on a house is in January? Or that the best time of the year to sell a house is in the spring? There are numerous reasons to buy or sell a home. Before you put your house on the market, it is important to consider potential tax consequences of theRead More
Savant offers perspective on a variety of topics. Entries range from current events to timeless insights in the world of finance and investments.
If you ever wonder what the most likely outcome of your next action might be, you are not alone. Fortunately, there is enough financial research available to create reasonable projections as to how certain investment decisions may impact a portfolio over the long run. If you have read the first two installments of this series, you know how influential the power of compounding and selecting the proper investments can be in maximizing your return. Rather than simply insisting that theyRead More
We learn so many skills in life – one skill is just not taught
Isn’t hired, ‘tis there for free – it simply can’t be bought
This is a skill we all could use – like lovers, should caress
The skill that we develop here – can give us all success
This effort is a great one learned – ‘tis one should be afforded
Cause Learn and practice this mere skill – and you will be rewarded
This skill is so important – and its use
If some is good, more is better. While exceptions to this rule certainly exist, I don’t think you will find many people who will argue this stance when it comes to their retirement funds. In my previous article, “Who Wants To Be a Millionaire?” I discussed how you can use time as a machine to compound wealth. Here are additional steps that can help you work toward a higher return on your 401(k) and propel you closer to your idealRead More
Buying an automobile and securing financing for the purchase can be a complicated and confusing process. Even if you have a price in mind for the car, there are many pieces to the final package, including financing, trade-in, and rebates. Don’t let a low monthly payment or low interest rate distract you from looking objectively at the various components of the transaction.Here are a few things you can do to avoid regrets after signing on the dotted line.
Know how muchRead More