In this interesting article, Andrew Henderson of Nomad Capitalist takes on the sometimes trendy idea to reduce your tax burden by moving to Puerto Rico. Henderson gives a great deal of explanation for how you might do this along with the pitfalls you should avoid. Here, please enjoy a book report-style synopsis. Moving to Puerto Rico has recently become a popular haven for tax-sensitive Americans, thanks to some attractive tax incentives that encourage foreign investment. Pue
Today’s post is brought to us by Phillip Christenson, a chartered financial analyst (CFA) and financial advisor at Phillip James Financial, a fee-only financial planning company located in Maple Grove and Plymouth Minnesota.
The best places to park your money in a low-interest rate environment.
The sustained low interest rate environment has been a big boost to borrowers, but at the expense of savers who struggle to get more than 0.01% on their bank accounts. While intere
AIO Financial is a fee-only financial planning firm in Tucson and Phoenix, AZ. They specialize in Socially Responsible Investing. Bill Holliday, a Certified Financial Planner, offered to write for our blog this week.
Socially Responsible Investing (SRI)
SRI (also known as sustainable, socially conscious, and ethical investing) continues to grow at a faster pace than conventional investment assets. The idea is to invest in-line with your values. SRI provides a way to suppor
Purchasing a home can be a very stressful experience. Long search times, indecisiveness, and an inability to find a home everyone in the family will love are some of the most common issues people run into when searching for a home. Finally finding a home you’re absolutely happy with can be a big relief – until the appraisal value turns out to be much lower than your offer.
It’s a common situation in rising housing markets. A rise in demand forces homebuyers to bid against
Are you financially prepared for Retirement? Many people have plans of retiring later than they actually do. Because of this, they are unprepared financially retirement
Around 28% of workers have less than $1,000 in savings and investments to use for retirement. And 57% have less than $25,000 saved, according to a study by Employee Benefit Research Institute.
Many people plan to work much later in their life than anticipated. In the study, 50% of employees left the wor
Five years ago, same-sex marriage was legal in 5 states. Today, over 35 states have legalized the union between same-sex couples. Unfortunately, however, many state and federal laws have not been updated to reflect this momentous change, creating a myriad of legal and financial issues for same-sex couples. Today, there are 250,000 married same-sex couples in the United States. A large portion of them, however, face financial and legal issues due to the legal status of their
Emerging markets have become an increasingly popular topic in financial publications and other media.
What are emerging markets?
Definitions vary, however the term “emerging markets” generally represents countries whose economies are expanding rapidly (usually measured by GDP growth). Emerging markets are on the path to becoming “developed markets” as evidenced by increasing liquidity in financial markets. Countries include: Brazil, Russia, India, China, South Korea, and I