taxes
Dow 500,000: The Case for Staying the Course
Why Patience, Not Prediction, Is Your Greatest Investment Edge “Some things have to be believed to be seen.” – Ralph Hodgson That may sound ambitious, but a Dow 500,000 is not as far-fetched as it appears. The reasoning is straightforward: compounding. Starting from today’s level of 49,500, the Dow Jones Industrial Average* would climb to
RMD: Three Little Letters That Could Cost You Big
Turning 73 this year? It is important to take minimum distributions to avoid penalties. Because the purpose of IRAs is to save for retirement, investors must take required minimum distributions (RMD) from their employer sponsored plan or other retirement account once they reach age 73 (70 1/2 for those born before July 1, 1949). For