Hedging is a sophisticated risk management strategy that entails buying or selling an investment to potentially reduce the risk of losing an existing position. Hedging is not a common trading strategy among individual investors, and when it is used, it is usually...
Excise taxes are classified as “narrowly based” or “indirect” taxes. It is imposed on certain products or services rather than on individuals. A direct tax is one that is levied on a single person. A legislative tax levied at the point of sale...
Many believe that a will is the only document required to fulfill their wishes after death. However, because of probate, carrying out the allocations specified in your Will can be time-consuming and complicated. This is where a Trust comes in: property dispersed...
The all-time highs of cryptocurrency in 2021 now seem like a distant memory, as the 2022 crypto crash has seen significant digital assets give back the gains made during their historic bull run. So, what is causing the crypto crash? It is crucial to understand that...
The transition from a life of work to one of achievement, leisure, and choice occurs during retirement. That transition is not always straightforward because most people feel that their job defines them. It may accompany various feelings and worries, like other...
Although it’s not the most interesting aspect of investing in cryptocurrencies, you must understand how taxes on them operate if you choose to do so. Even though cryptocurrencies are still in their infancy, the IRS is making great efforts to enforce crypto tax...
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