Wealth management is a service that is provided by wealth management companies where professional experts will provide financial, investment, tax advice. These experts also provide plans for a good retirement and estate planning. The investors will work with a wealth manager, who will provide information that they will get from various financial experts and it...
Category: Finance
Do This by Jan. 15 to Avoid a Tax Penalty
Don’t pay more than you need to: savvy strategies for tax planning, income taxes, tax credits and deductions, business taxation, charitable giving – plus updates on tax-law changes. The chance you underwithheld on your taxes in 2018 may be higher than you think. A 2018 report by the Government Accountability Office (GAO) suggests that 21%...
Sunniva Announces First Cannabis Product Sales in California
Sunniva, a North American provider of cannabis products and services, announced it has secured more than $2.4 million in future sales of Sunniva branded cannabis products through one of the Company’s existing retail relationships to be completed in the first four months of 2019. This marks Sunniva’s first cannabis product sales in the state of...
6 Simple Rules For Saving Money
If you’re not good at saving, it’s not your fault. Humans are hard-wired to focus on the present, so you have thousands of years of evolution to fight against. But there’s a way to win the fight. 1. Make it automatic. “The most important thing you can do right now,” says Beth Kobliner, author of...
How to Document Your Personal Possessions in Case of Emergency
In the aftermath of a disaster that destroys your house, it can be all but impossible to think through everything you’ve lost. Fires, floods, hurricanes, damaged roofs—when you’re putting your life back together, you might not be thinking about how to catalogue your drawer of kitchen utensils for the insurance company. But you don’t want...
How to Protect Yourself From the Giant Marriott Hack
jetcityimage/Getty Images Early Friday morning, the hotel behemoth Marriott announced a massive hack that impacts as many as 500 million customers who made a reservation at a Starwood hotel. Marriott acquired the Starwood hospitality group in September 2016, which operates numerous hotel brands including Sheraton, Westin, Aloft, and W Hotels. But the intrusion that caused...
Tax Fraud Cases: What Happened Next? (Infographic)
The tax authorities would acknowledge that most citizens are perfectly law-abiding. We know that we’re obliged to pay certain taxes and we ensure that they are paid in their entirety, with full disclosure, prior to the due date. However, there always seems to be a minority who do everything possible to flout the law and...
How to Plan for Retirement as a “Solo Ager”
Baby Boomers who are single and childless, known as “solo agers,” face unique retirement planning challenges that need to be addressed. Americans’ approach to aging has rapidly changed in recent years. This is the result of the aging Baby Boomer population, who are entering their 80s and 90s within the next few decades, and longer life expectancies....
Why Jeff Bezos Is Saying Amazon Will Ultimately Fail
Jeff Bezos, the mastermind behind Amazon.com Inc.’s (AMZN) “everything store,” told employees last week that the company will one day fail, according to an internal meeting heard by CNBC. Lifespan of Large Companies About 30+ Years, Says Bezos At an all-hands meeting last Thursday in Seattle, an employee asked Bezos what lessons he had learned from the...
No. 1 thing millionaires know about money that the average person doesn’t
I used to scoff at those people who flew first-class because it just seemed extravagant. But now I get it. If you have a problem that money can solve, you don’t have a problem. In my experience, high-earners tend to be extremely disciplined about using their money to solve their problems. That’s because they understand...