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Things to keep in mind while investing in stocks
Finance

Things to keep in mind while investing in stocks

Making money by investing in stocks is not as easy as one thinks it would be. There is a lot of research done, a lot of history dug up, a lot of thought processes and perspective involved in this market. In spite of all of that, there has not been a trend or a formula that could explain the market.
Understanding foreign exchange
Finance

Understanding foreign exchange

Foreign exchange, commonly called Forex or FX is the market in which currencies, or simply put, money, is traded. It may sound contradictory at first. How is it possible to buy and sell money ? Well, money is not traded physically here. With the help of modern technology, currency is bartered electronically between the many financial markets around the world.
Differences between investment advisors and wealth managers
Finance

Differences between investment advisors and wealth managers

Money. Wealth. Funds. Assets. Capital. Finances. All these words refer to the same thing, right? Right, and wrong. Depending on the context in which we use these words, their meanings change. In a broad sense, they all can be used interchangeably. But in the context of investment services and wealth management, we must understand their exact interpretations.
Important things to know about retirement calculator
Finance

Important things to know about retirement calculator

Retirement calculators are very useful if used properly. But if you are unsure as to how to use it, calculations can get a little confusing. There are certain rules and guidelines associated with retirement calculators that will help you to use it properly. The calculation is loosely based on the assumption of how much money you need to retire:
Tips to apply for your social security
Finance

Tips to apply for your social security

Having a Social Security Number (SSN) is a must for collecting Social Security benefits and for availing other government services. This is an important piece of document, and it is recommended that it be kept safe and is not necessary to be carried in person always. To qualify for applying for a Social Security card replacement online:
Why is SSN your companion always
Finance

Why is SSN your companion always

The Social Security Number (SSN) and card issued is an important document which is with you throughout your life, and not just in your retirement. It is needed if you need any benefits (disability benefits, survivor benefits) or if you need a record of your earnings. Losing such an important document need not necessarily put you in a fix since ssa.gov lets you apply for your Social Security card replacement in a hassle free manner.
Pension annuity jargon simplified
Finance

Pension annuity jargon simplified

Pension annuity calculators give an estimate of how much retirement income your savings can get you. There are free calculators online that help you plan a comfortable retirement. Here are some jargon and technicalities that would come up while using pension annuity calculators: Annuity – It is an insurance contract that takes the form of an investment, providing an income source with periodic payments for an agreed upon time period for the investor and their beneficiary.
4 tax software programs you need in 2021
Finance

4 tax software programs you need in 2021

Taxes are confusing. Computing precise tax is even more perplexing. To overcome the situation, you can seek refuge in good and reliable tax software. The problem is there is an array of tax software available. Hence, which among the many make for the best tax software of 2021 to invest in?
Top 4 companies that allow free tax filing
Finance

Top 4 companies that allow free tax filing

Tax season is not very far away, and it is indubitable for taxpayers to be caught amid confusion and paperwork.Tax filing involves a lot of planning and preparation to make yourself ready for Tax Day. Moreover, the constant new development on the tax front can end up adding to the work.
Tips for preparing efile Form 1099 with your tax return
Finance

Tips for preparing efile Form 1099 with your tax return

Form 1099 is a type of a tax form that is required to report your income for your return. The payer sends the original form 1099 to the Internal Revenue Service (IRS), and a copy of the form to you. There are many different kinds of 1099 used to report different types of income, which are denoted by one or more letters (such as 1099-K or 1099-MISC).
Risks of investing in dividend stocks
Finance

Risks of investing in dividend stocks

As with any investment, stocks tend to carry their risks. Many companies, to conserve the surplus funds they have, would limit the number of dividend payments they make. Add to it the volatile market conditions that leave lesser and fewer opportunities for increasing profits. Or rather, fewer possibilities to provide a consistent and steady revenue source, for companies, and in turn for its investors.
Indexing the types of dividend stocks
Finance

Indexing the types of dividend stocks

Categorizing the many thousand listed companies that pay dividends and trade in the American Stock Exchange, New York Stock Exchange, and Nasdaq will be difficult, not impossible. Nevertheless, listing them in clear-cut groups for investment purposes is important. Your minimum dividend requirements, along with the company’s financial progress, liquidity and solvency ratios determine the type of dividend stocks you should choose.

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