Every investor wants to earn money on their investments. FINRA explains:“Investment return is the money you make or lose on an investment. Ideally, your return will be positive: your initial investment or principal will remain intact, and you’ll end up with more money than you invested.”“Total return is a measure of your profit or capital…
Day: January 30, 2017
Social Security is NOT going bankrupt!
Despite the scare tactics of some journalists, Social Security is not going bankrupt and benefits do not need to be cut in order to make the system viable for the next 75 years. “Benefits cuts are unnecessary to preserve Social Security, even though the program’s trust fund is on track to be drained by 2034,…
Should you retire with a mortgage?
More and more Americans are retiring with a mortgage. With low interest rates many financial advisers suggest it is better to have a mortgage and keep other funds invested. Some people delight in getting a tax deduction for mortgage interest. However, too many taxpayers who do not prepare their own taxes do not understand how…