Income splitting is a tax-saving strategy that divides a stream of income between family members (usually two spouses). The goal is to apportion as much of the higher-earning family member’s income to other family members, in an effort to get that higher-earning spouse into a lower tax ...
Income splitting is a tax-saving strategy that divides a stream of income between family members (usually two spouses). The goal is to apportion as much of the higher-earning family member’s income to other family members, in an effort to get that higher-earning spouse into a lower tax ...
The only return that counts is your after-tax, after-fees, after-inflation return. That's a lot of enemies for an investor. If you earn a 10% return and pay 2% in taxes, 1% in fees, and 3% in inflation, that 10% return is really just a 4% return. If you invest $50K a year...
If Diesel is more expensive where you are than petrol thats usually down to your countries tax, I'm living in Ireland and diesel is cheaper than petrol, I come from the UK though and I was aware while I lived there that the government taxed diesel at a higher rate hence it was more ...
The real yields on even the shorter dated bonds are 2%-ish rather than the 0.2%-ish currently on offer with our linkers. The best (least bad) way I can find to buy TIPS in the UK is to: • Open a tax-sheltered account that lets you trade FX at mid, e.g. a SIPP on Interac...
Inflation is the tool by which government steals the money of the citizens. It is a stealth tax that robs the value of your earned income. Inflation in short, is a pyramid scheme. It is based on debt, greed, and the ability to spend money you ...
It’s relatively rare, but yes it can. A US brokerage firm calledMF Globalis the poster child for this kind of mess. The firm went bankrupt after executives – ahem –‘borrowed’ customers’ funds to cover company overdrafts. In the UK, Beaufort Securities collapsed in 2018 after an FBI...
Getting back in after selling is one of the hardest things to do as an investor so I don’t ever put myself in the position to have to do that. It’s very tempting though. In fact, I thought about it in February before all this stuff kicked off. On February 7th, I had dinner ...
C/D SAYS: The Kia EV5 is a compact electric crossover destined for the Chinese, South Korean, Canadian, and Mexican markets, but sadly we've been told it won't come to the U.S. after all. Learn More 2024 Kia Forte 7.5 /10 C/D RATING Starting at $20,915 EPA MPG 26–34 comb...
Before that, there are different strategies. The overriding theme though is just get to your retirement number. Using tax advantaged accounts helps one get there fasterhttps://gocurrycracker.com/turbocharge-savings/ Upon retirement, if one has zero funds in a taxable or Roth account, then an...