Category: Investments
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How and When to File for Social Security
Most people look forward to retirement and plan on Social Security to cover at least some of their retirement expenses. Before you decide to join the nearly three-quarters of Americans…
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What is Tax Loss Harvesting?
This strategy is known as tax-loss harvesting and it’s a common technique used by wealthy investors to reduce their tax exposure.
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Unwise Investment Decisions
This is the perfect example of an unwise investment decision. Last weekend a friend said to me, “I cashed out my entire 401(k) before the tech bubble, and Thank God!,…
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When Should You Roll a Covered Call?
Covered call options are often pitched as a low-risk way to generate an income on a long-term stock position. While you boost income with a covered call, there can be…
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Tips for Managing Covered Call Positions
A covered call position is a great way to generate extra income from a stock portfolio. While the strategy is fairly straightforward, there are many nuances that can make managing…
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Covered Call Funds vs. Do-It-Yourself Covered Calls
Covered calls can be an excellent way to generate monthly cash flow while reducing your risk investing in the stock market. While covered calls have been available to individual investors…
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How to Invest an Inherited IRA
Receiving an inheritance can cause a mix of emotions, and depending on the amount of assets, could have a significant impact on your lifestyle. While it may be tempting to…
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Calls or Puts: Which Is Better for Income?
Stock options come in two different flavors, but they can be combined into countless different strategies. Option income strategies are designed to take advantage of time decay to generate a…
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9 FAQs About Paying Taxes on Investment Income
Income taxes are complicated enough with a couple full-time jobs, some children, and a mortgage without investments adding a whole new layer of complexity. The good news is that taxes…
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5 Mistakes to Avoid When Selling Covered Calls
Here is a harsh truth: Not all investors succeed at creating a profitable portfolio. Sometimes this is due to the unpredictability in the market or various other factors, but more…