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Business

As climate change threatens more homes, some properties are getting too costly to insure

Firefighters pull up to a burning house during the Kincade fire in Healdsburg, California, on Oct. 27, 2019. Josh Edelson | Afp | Getty Images As climate change threatens the U.S. with more natural disasters, it’s becoming increasingly costly for Americans to insure their homes ⁠— and it’s only expected to get worse, according to […]

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Business

Embryos can count as dependents on Georgia state tax returns: For many families ‘there is no benefit at all,’ says analyst

Anti-abortion activists demonstrate outside the Supreme Court of the United States in Washington, June 13, 2022. Evelyn Hockstein | Reuters Residents of Georgia may now claim embryos as dependents on their state income tax returns. Any “unborn child with a detectable human heartbeat” may qualify for a $3,000 state income tax deduction for 2022, effective […]

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Business

Employee stock purchase plans can carry ‘a big risk,’ says advisor. What to know before buying in

How employee stock purchase plans works Typically offered to all employees, ESPPs may allow you to purchase company stock at a discount of up to 15%, capped at $25,000 per year for tax-qualified plans. The plan collects after-tax contributions from each paycheck during an “offering period,” and uses the funds to buy company stock on […]

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Science

Twists And Turns On The Road To A Better Investment Environment

The long history of financial markets, like most classic novels, is full of misunderstandings, miscalculations and mistakes. Despite all of this, the story normally twists and turns its way to a happy ending. This may yet be the case for investors in the very unusual economy that has unfolded following the pandemic recession and recovery. […]

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Business

U.S. economy continues to shrink and many aren’t prepared for an economic downturn. Here’s what advisors are telling clients as recession fears grow

JGI/Jamie Grill | Tetra images | Getty Images As the U.S. economy shrinks for a second straight quarter — one definition of a recession — many Americans aren’t prepared for an economic downturn. However, financial advisors say there’s plenty that is in your control. Fewer than half of Americans feel “financially secure enough” for another […]

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Business

More advisors turn to alternative investments to further diversify their clients in volatile market

Marko Geber | DigitalVision | Getty Images After battling downturns in the stock and bond markets, more financial advisors looking to further diversify their clients are turning to alternative investments, according to a recent survey from Cerulli Associates. Falling outside of traditional asset classes, alternative investments are typically added to portfolios for more diversification, income and the […]

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Business

Investors have put $43 billion in dividend-paying funds this year. Before you ‘chase dividends,’ here’s what to know

With increased fears of a possible recession, investors seeking steady income may turn to stocks paying quarterly dividends, which are part of company profits sent back to investors. Historically, dividends have significantly contributed to an asset’s total return, sometimes providing a boost during economic downturns. From 1973 to 2021, companies paying dividends earned a 9.6% […]

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Life Style

Advancing The Advisor-Client Relationship With Coaching

Josh Crawford is Vice President of Coaching at Matson Money, a $9.2 billion (as of 6/10/22) wealth management and advisor coaching firm that provides outsourced investment management, education, coaching, brand-building, and prospecting opportunities to over 500 advisory practices in the US and Canada. Josh leads a team of business coaches that work closely with advisors […]

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Technology

Amazon’s (AMZN) AWS Gets Picked by Delta, Boosts Clientele

Amazon (AMZN Quick QuoteAMZN – Free Report) continues to ride on its robust cloud computing arm, Amazon Web Services (“AWS”). Strengthening AWS offerings, which are constantly driving the company’s cloud customer momentum, remain the key catalysts. The latest selection of AWS by Delta Air Lines as the preferred cloud provider is a testament to the […]

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Business

These midyear tax strategies can trim next year’s bill from the IRS and reduce ‘unwelcome surprises’

seksan Mongkhonkhamsao | Moment | Getty Images 1. Review tax withholdings When starting a new job, you fill out Form W-4, covering how much your employer withholds from your paychecks for federal taxes.  But you need to revisit those withholdings, especially for major life changes such as marriage, having children or starting a side business. […]