In the midst of a flourishing stock market, exploring lesser-known strategies to optimize your portfolio becomes imperative. One such strategy gaining traction is tax-gain harvesting. This method involves strategically selling profitable assets in your brokerage account during periods of lower income, such as early retirement or unemployment. With the S&P 500 showing an impressive 18%
The world has witnessed a staggering 95% increase in the population of crypto millionaires over the past year. According to a report from New World Wealth and Henley & Partners, there are now 172,300 individuals worldwide who hold more than $1 million in crypto assets. This significant surge marks a substantial growth from the 88,200
Fans of the Dallas Mavericks and the New Orleans Pelicans are eagerly anticipating a new way to watch their favorite teams play in the upcoming National Basketball Association season. Both teams are making a significant move by exiting their regional sports networks owned by Diamond Sports, as revealed in a recent bankruptcy court filing. This
The week on Wall Street saw investors digesting important information including the latest speech from Federal Reserve Chairman Jerome Powell. Powell hinted at potential interest rate cuts, causing the market to expect a total of 100 basis points in cuts by the end of the year. Among the best-performing stocks of the week were TJX
In recent years, travelers have faced stricter consequences when it comes to ignoring big tax bills. The federal government now has the authority to revoke or limit passports if an individual has a “seriously delinquent tax debt.” This threshold is quite high, reaching over $62,000 in 2024, and includes the total federal tax liabilities, penalties,
Portillo’s is a well-established fast casual restaurant chain in the United States, known for its delectable Chicago-style hot dogs, Italian beef sandwiches, and chocolate cake shakes. The company was founded over 60 years ago and has been a staple in the Midwest. However, despite its rich history and iconic status, Portillo’s has recently come under
Minnesota Gov. Tim Walz shared a personal story at the Democratic National Convention about how Social Security survivor benefits helped his family after his father passed away from lung cancer when he was 19. These benefits allowed his family to maintain their dignity and live comfortably. Walz’s story sheds light on the importance of such
The retail sector has been undergoing significant changes, with companies like Target and TJX reporting substantial increases in stock prices. However, the focus is now shifting towards mall real estate investment trusts (REITs). Companies like Kimco and Simon Property Group have seen positive gains, with both stocks rising more than 1% in a single day.
Edgar Bronfman Jr.’s recent offer for a controlling stake in Paramount Global seems to be an attempt to keep Shari Redstone closely associated with the company, should his bid be successful. This move is indicative of Bronfman’s willingness to work with existing stakeholders, such as Redstone, who currently holds a non-executive chairman position at Paramount.
The cost of attending college has reached a point where some institutions are charging close to six figures a year. This steep cost includes not only tuition and fees but also room and board, books, transportation, and other miscellaneous expenses. According to data provided by The Princeton Review’s “The Best 389 Colleges” list, several prestigious