Maximizing Retirement Savings: The Appeal of Mega Backdoor Roth Conversions for High-Earning Investors High-earning investors are increasingly turning to mega backdoor Roth conversions as a strategic way to navigate the limitations of Roth Individual Retirement Accounts (IRAs). This option allows investors to transfer post-tax 401(k) savings to a Roth account, potentially reaping significant benefits if…
Roaring Kitty’s Live Stream Causes GameStop Stock to Plummet by 40%
“Roaring Kitty’s Live Stream Causes GameStop Stock to Plummet: What Happened?” The highly anticipated live stream by influential investor Keith Gill, also known as “Roaring Kitty,” started 25 minutes late with pounding drums and pictures of cats. As he appeared on camera wearing sunglasses and bandages, he cracked open a beer and began a rambling…
Dollar remains at an eight-week low as payrolls test approaches
Dollar hovers near eight-week lows ahead of U.S. jobs report The dollar is facing pressure as it hovers around eight-week lows ahead of a key U.S. jobs report that could impact the Federal Reserve’s decision on interest rates. The euro, on the other hand, is holding steady after the European Central Bank’s rate cut, with…
Eaton Vance Completes $62.5M Sale of The Harbour Cove Apartments in Pembroke Pines, Florida
Cortland Acquires The Harbour Cove Apartments in Pembroke Pines Cortland Acquires The Harbour Cove Apartments in Pembroke Pines for $62.5 Million In a significant real estate transaction, Cortland has purchased The Harbour Cove apartments in Pembroke Pines for $62.5 million. The 240-unit property, located at 1601 S. Hiatus Road, was sold by Eaton Vance at…
Financial Planning Rules for FY 2024-25: 13 Key Guidelines
Key Rules of Financial Planning for FY 2024-25 Financial Planning Rules for FY 2024-25: A Path to Financial Freedom Investors who have been actively participating in the market were delighted as the 2023-24 fiscal year came to a close. Various asset categories such as stocks, mutual funds, and precious metals delivered significant returns. The Indian…
Australia – Financial Services – Offering tax advisory services to clients with an AFSL
Regulatory Requirements for Tax (Financial) Advice Providers in Australia In a recent development in the financial services industry, all Australian Financial Services Licence (AFSL) holders and their Authorised Representatives (ARs) providing tax (financial) advice to retail and wholesale clients are now required to be registered as a tax agent with the Tax Practitioners Board (TPB)…
The Meaning of Financial Freedom for Millennials
Financial Freedom and the Four-Day Workweek: A Millennial Perspective The Four-Day Workweek: A Path to Financial Freedom for Millennials Financial freedom is a goal that many millennials strive for, and for some, it means embracing intentional spending and reevaluating their work-life balance. In a recent episode of the HerMoney podcast, host Jean Chatzky explores the…
Understanding LLCs: Definition, Advantages, and Disadvantages – Forbes Advisor
Benefits of Forming an LLC: Asset Protection, Taxation Options, Versatility, Legal Name and Credibility, Profit Sharing Flexibility The Benefits and Drawbacks of Forming an LLC Limited liability companies (LLCs) offer business operators a unique blend of legal protection and operational simplicity. With the protections of personal assets and pass-through taxation, LLCs provide a middle ground…
New Portfolio Manager Announced for Liberty All-Star® Growth Fund, Inc.
Liberty All-Star Growth Fund, Inc. Appoints Westfield Capital Management Company as Investment Manager The Board of Directors of Liberty All-Star Growth Fund, Inc. has made a significant announcement regarding the appointment of a new investment manager. Westfield Capital Management Company, L.P. has been appointed as one of the Fund’s investment managers, pending stockholder approval at…
Top 7 Financial Advisors in San Diego for 2024
Best San Diego Financial Advisors to Consider in 2024 The search for the best financial advisor in San Diego can be overwhelming with over 10,000 options to choose from. However, a recent update in 2024 has narrowed down the list to the top 7 financial advisors in the area. Define Financial, a retirement planning firm…