Mutual fund is an investment fund where multiple investors pool their money to purchase securities. Such funds are managed by a highly trained professional commonly known as a fund manager or portfolio manager. This individual invests this corpus of funds into different securities such as stocks, debentures, bonds, gold, etc. More
Saving is a very important part of your life. Even if you are currently in a stable financial state, there is always some room for saving extra bucks. There are always ways and chances where you can slight shift your priorities and save a little more by the end of the month.Saving seems like the hardest thing that one has to do. Likewise, you can get used cars or tables. More
There does come a time in your life when you have no other option rather than to borrow money from somewhere. You are probably going to knock at your friendu2019s door or maybe go to a family member and then at the end, you will enter a bank. However, if you are not getting a good and positive response from either of your options, then you can look forward to a car title loan. More
Many employees spend the bulk of their working lives trying to become a partner of the business to which they’ve devoted so much of their time and effort. Employees are typically rewarded for their hard work and dedication, while partnerships offer the chance to retain a highly-prized asset. An employee typically gets a W-2 and files an annual tax return. More
If you are new to investing, learning the basics is the first step toward limiting your risk and making sound investment decisions. While this means making sure you understand the securities in which you invest, it also means making sure you can trust your brokerage firm or investment advisor.Unfortunately, investment fraud is a serious issue for individual investors. More
What is Financial Elder Abuse? In California, financial elder abuse is broadly
defined as taking of a senior’s property for a “wrongful use or with intent to
defraud.” Cal. Welf. & Inst. Code § 15610.30(a)(1). This statute also
extends to anyone who is assisting another person with taking or appropriating
wealth and assets from an elderly person. Cal. Welf. Welf. More
REDLANDS, Calif. - As corporations prepare for this year’s tax filings, there’s no better time to make strategic plans about how to maximize corporate deducations for 2020. “We are grateful for the continued support of corporations that donate to Disabled Veterans Charities year after year and hope more corporations throughout the U.S. More
Making mistakes when filing your taxes could come at a big
cost. You could end up paying more in
taxes than you need to if you are taxed on income that you should not have paid
taxes on. Alternatively, if you underreport your income or fail to file your taxes,
you could find yourself faced with penalties and late charges. The good news is: Tax errors can be avoided. More
The 401k contribution limits for 2020 is $500 more than the contribution limits for the year of 2019. If you’re at least younger than 50 years old, you can contribute up to $19,500 in 2020. The 401k contribution limits for older employees, i.e., 50 years and older, is $19,500 plus an extra $6500.That extra is called a catch up contribution limit. More
How to save
money effectively? Explore proven ways to save money. Are you over
18 and no longer living with your parents? Then there must always be a supply
of cash in your account to make you feel safe. Budget management is a valuable
skill you must acquire to become an independent and mature person, responsible
for yourself and your family. What exactly is it? More