Money Talks
Five Money-Saving Tax Moves to Consider Before Year-End
Dec 02, 2022It’s officially the holiday season. For many folks, it’s a time for slowing down, celebrating with loved ones, and reflecting on the year that was. That means taxes are probably the last thing on your mind right now. However, there are a handful of steps you should consider taking before year-end to potentially save yourself some money (and stress!) during the 2023…
Read Full ArticleWant Real ‘Sizzle’ With Your 2023 Stock Plays? Make This One Move Now.
Nov 25, 2022I love bacon. There, I said it. You heard it. And now you know. I love bacon as a snack. On my burgers (can’t have a burger without it). As a breakfast or brunch “side” with my eggs. On breakfast sandwiches. As a key element of a BLT. On smoked meats. Mixed in with the chopped sirloin on cheesesteak subs….
Read Full ArticleWhy a Wave of ‘Forced Selling’ Could Hit the Markets Next Month
Nov 18, 2022This week’s Money Talks is a little different. In place of my usual editorial, I’m sharing a guest essay from Inside TradeSmith editor Justin Brill. It highlights a potential risk to the markets (and your retirement accounts) over the final weeks of the year that I think every reader should be aware of. As always, if you know someone who…
Read Full ArticleA Little Good News for Your Retirement Accounts Next Year
Nov 11, 2022There’s no sugarcoating it… It’s been a rough year for anyone trying to invest for retirement. Everyone knows stocks are in a bear market. The benchmark S&P 500 (SPX) was down 28% at its recent October low. But even the typically boring bond market has done poorly, with various bond-market indexes falling as much as 17% through October. According to…
Read Full ArticleWhat You Should Know About This Popular Income Investment
Nov 04, 2022I love hearing from Money Talks readers. And in the last several months, I’ve received more questions on one topic than just about any other. I’m talking about income investing. It’s not surprising… With inflation steadily eating away at our purchasing power and an ongoing bear market in many assets, it’s never been more important to find sources of safe, steady returns. Recently,…
Read Full ArticleHave Your Financial ‘Go Bag’ Ready in an Emergency
Oct 28, 2022Exactly one month ago today, I closed TradeSmith’s Florida offices as Hurricane Ian was barreling toward Tampa — the first such storm expected to hit the area in over a century. While Ian ultimately made landfall further south than initially anticipated, the experience was a stark reminder that disaster can strike any of us without warning. And whether it’s hurricanes, tornadoes, earthquakes,…
Read Full ArticleThis Is the Key Benefit of Owning Physical Gold and Silver
Oct 21, 2022Last month I explained why many of the smartest investors I know recommend owning physical gold and silver. In short, it’s not because they’re great investments. (Precious metals often underperform traditional investment assets for significant periods.) And it’s not even because they’re great inflation hedges. (While this is true over the long run, gold and silver can sometimes underperform in…
Read Full ArticleMortgage Rates Are Just One Reason to Avoid New Housing Investments Now. Here Are a Few More.
Oct 14, 2022I warned Money Talks readers back in May that the housing market could soon be in serious trouble. Well, I’m sorry to say that trouble has now arrived. As you can see below, mortgage rates have continued to rise since that update. Source: Federal Reserve Bank of St. Louis, Freddie Mac The average rate on a 30-year fixed-rate mortgage is now 6.92%. That’s…
Read Full ArticleA Surprising Lesson from One of the World’s Most Successful Investors
Oct 07, 2022This week we learned that Ray Dalio is stepping down as the head of Bridgewater Associates, the huge and massively successful hedge fund he founded out of his tiny apartment in 1975. Dalio isn’t exactly a household name. But he’s a legend in the investment world and holds a special place in our hearts here at TradeSmith. That’s because he was…
Read Full ArticleA New Financial Risk Every Family Needs to Be Aware of Now
Sep 30, 2022In 2019, Robyn King had to move her mother — who was suffering from Alzheimer’s — into a nursing home. It wasn’t a choice she was eager to make. However, with rates of dementia and other debilitating end-of-life diseases rising, it’s becoming all too common for many families. Robyn rightfully expected it to be a difficult transition. But it turned…
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