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Year-end investment moves.
Forbes Investment Guide
As we approach the new year, one of your resolutions might be to put your hard earned money to work. But with inflation rising and markets fluctuating after a hectic year, it’s always good to read up on the best practices to maximize your investments. To address inflation, embrace equities over cash and consider investing in commodities. If your resolution is to widen the scope of your portfolio, consider investing internationally, or even taking the plunge as a new investor in bitcoin and other cryptocurrencies—either way, these guides should have you covered. And for those looking for sky-high payouts, here are a few tips to navigating high yield investments intelligently.
End Of Year Tax Moves
A few simple year-end moves could save you thousands of dollars off your 2021 tax bill. From charitable giving to retirement and education planning, here are ten surefire tax moves to consider before the end of the year. Speaking of tax planning, Two and a Half Men star Charlie Sheen might have benefited from some—- he owes millions in back taxes and had been negotiating with the IRS for an “offer in compromise” that would settle his debts for less than he owed. But in a just filed lawsuit, Sheen claims the IRS Los Angeles area director arbitrarily turned down his $3.1 million offer, after various other people at the agency had approved it. The IRS apparently believes he can afford to pay more—if he sells some real estate.
Also on the tax front, this deep dive looks into the role of political salesmanship on the tax policies in place today (and in the past) and how politicians and large-scale events catalyze change on our fiscal system.
Novel Graphic: Swelling Stocks – In 2021 Equity Inflows Topped $1 Trillion
Inflow to equities exceeds inflow of past 19 years.
BofA Global Investment Strategy, EPFR
Source: BofA Global Investment Strategy, EPFR
Student Loan Forgiveness For Some
The Education Department has proposed a set of changes that would offer debt relief to Total and Permanently Disabled borrowers. The TPD Discharge changes would, among other things, eliminate post-discharge income monitoring and expand who can certify a …….