Tag #Financial Advice

Showing 25 to 36 of 69 results

theglobeandmail.com
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Frequent Trading Reduces Investment Returns: Study Highlights Risks for DIY Investors

A University of British Columbia study shows frequent trading significantly lowers investment returns; DIY investors are especially vulnerable due to easy access to accounts, necessitating strategies like creating a written investment plan and limiting market monitoring to curb impulsive trades.

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48% Bias Score

Reduced Inequality
cbsnews.com
🌐 75% Global Worthiness
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High Credit Card Interest Rates Strain Seniors

High credit card interest rates, averaging 21.91%, are financially straining many Americans, especially seniors with limited income, leading some to explore debt forgiveness options despite associated risks.

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44% Bias Score

Reduced Inequality
theglobeandmail.com
🌐 75% Global Worthiness
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Millennials, Life Changes, and Financial Planning

Financial planners are adapting to the growing number of millennial clients seeking major life changes, advising phased transitions, runway funds, and realistic financial projections to navigate career shifts and entrepreneurial pursuits.

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36% Bias Score

Decent Work and Economic Growth
cbsnews.com
🌐 75% Global Worthiness
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Choosing the Right IRS Tax Debt Relief Option

IRS tax debt relief options vary based on debt amount, ability to pay, filing status, and collection stage; proactive action and professional help may be crucial.

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48% Bias Score

Reduced Inequality
cbsnews.com
🌐 75% Global Worthiness
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Protecting Retirement Savings in a Volatile Market

Experts advise reviewing retirement savings, maintaining a long-term investment strategy, building emergency funds (3-6 months expenses), having a cash buffer for those nearing retirement, and cautiously considering portfolio rebalancing.

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52% Bias Score

Reduced Inequality
us.cnn.com
🌐 65% Global Worthiness
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Tax Deadline Approaches: Penalties Loom for Unfiled Returns

As of March 28th, nearly 90 million federal tax returns have been filed, but those who haven't filed by April 15th face penalties including 5% of unpaid taxes per month, or a minimum $510 after 60 days; failure to pay also incurs penalties and interest; filing Form 4868 extends the deadline to Octob...

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56% Bias Score

Reduced Inequality
cbsnews.com
🌐 75% Global Worthiness
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Renewing CDs Remains Smart Despite Potential Rate Cuts

With potential Federal Reserve interest rate cuts on the horizon, renewing a high-yield Certificate of Deposit (CD) account remains a financially sound decision for most savers, given that current rates near 5% significantly outperform alternatives and projected rate cuts will be incremental.

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60% Bias Score

No Poverty
forbes.com
🌐 75% Global Worthiness
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Market Volatility Impacts Vary by Investor Life Stage

President Trump's "reciprocal tariffs" caused market volatility, impacting investors differently based on their life stage and financial preparation; young investors should see it as a buying opportunity, while those nearing retirement need to ensure they have enough cash reserves and diversificatio...

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44% Bias Score

Reduced Inequality
cnn.com
🌐 75% Global Worthiness
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Trump's Tariffs Trigger Economic Slowdown in First 100 Days

President Trump's first 100 days in office saw a significant economic slowdown, marked by decreased growth, weak job numbers, and stock market declines, prompting advice for individuals to prepare for potential economic downturn.

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36% Bias Score

Decent Work and Economic Growth
theglobeandmail.com
🌐 85% Global Worthiness
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Avoiding Financial Crisis 2.0: Lessons from 2008

As stock markets fall and recession looms, Canadians are urged to avoid debt, negotiate lower rents, diversify investments, build emergency funds, and continue investing during market downturns, based on lessons from the 2008 financial crisis.

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44% Bias Score

No Poverty
cbsnews.com
🌐 75% Global Worthiness
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High Interest Rates and Inflation Fuel Credit Card Debt Crisis

High credit card interest rates (averaging nearly 22%) and persistent inflation are causing widespread financial hardship, leading many to rely on credit cards for necessities, compounding debt problems, yet several expert options are available to address this.

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40% Bias Score

No Poverty
cbsnews.com
🌐 75% Global Worthiness
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Debt Relief Options for High-Debt Individuals

High inflation and interest rates are making it difficult for people with significant debt to get ahead; credit counseling, debt forgiveness and bankruptcy are presented as options to alleviate financial distress for those owing \$10,000 or more.

Progress

48% Bias Score

Reduced Inequality

Showing 25 to 36 of 69 results