Reduce Your Taxes Using Your Investments

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Courtesy of www.planningforafuture.com via Google Images.

While determining the percentage you’ll pay from your income is based mostly on what you make, you can influence your tax bill by managing how you generate income, choosing what accounts to invest in, and taking advantage of potential deductions. As a rule of thumb, this article tells you the three strategies you can use to manage your income taxes. These strategies deal with deferment to tax-advantaged accounts, management of asset location, and reduction with federal-income-tax-free municipal bond income.

To read more on the details of each strategy, click HERE.

All Eyes On The U.S. Job Market This Week

Courtesy of www.marioguerrero.info via Google Images.
Courtesy of www.marioguerrero.info via Google Images.

With the Department of Labor set to release its monthly jobs report and unemployment rate this Friday along with additional reports being published throughout the week, this week is critical as we leave July behind and gear up for August. These reports are likely to be carefully examined by investors because the Federal Reserve has dropped hints that it will start pulling back on stimulus measures if an improvement in the economy is seen. In addition to the state of the job market, the overall economy will be scrutinized as an advance estimate of the second quarter gross domestic product is scheduled to roll out Wednesday. To find out more on what’s happening throughout the week, click HERE.

Stock Market Takes A Pause

Analysts
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Analysts agreed this past Friday that the stock exchange is “just tired.” Meaning that they feel it’s taking a quick pause right now. One analyst said that although this week is a critical week, it will most likely only affect the short term, not the job’s number or what the ECB does. Another analyst is paying close attention to possible entry points on a pullback. If one occurs, he’s going to only add to his core positions. While the market may be taking a pause, it seems the nervousness in the market is gone for now. To get the full details on what the analysts are saying, click HERE.

Social Security Numbers Exposed

Courtesy of www.nyc.gov via Google Images.
Courtesy of www.nyc.gov via Google Images.

We all know social security cards are one of the most important documents needed to survive the twenty-first century and that they should be handled with care. The IRS even provides literature on how to keep them safe and how to identify identity theft. But even the IRS falls pray to human err. The beginning of July not only brought with it summer’s heat, but an IRS slipup that resulted in over a thousand social security numbers revealed on the Internet. Although the numbers were exposed for less than 24 hours, the damage has been done. For more information on the incident and how it is being taken care of, check out the full article HERE.

Tech Takes a Dive

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Courtesy of www.blog.inner-active.com via Google Images.

Hit hard this past Friday, the technology sector fell short on the whole. While Microsoft fell a whopping 11.4 percent, Google decreased significantly, too. Poor tablet sales and an inventory write down attributed to Microsoft’s decline, however, analysts believe things will turn around. As for Google, analyst have even more faith in the search engine because they don’t feel the problems for decline are fundamental to the overall stability and growth of the company as a stock. For more details and predictions on where tech stocks will go in the next quarter, read more HERE.

Do the Impossible: Find a Stock with Value and Growth

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Courtesy of www.mint.com via Google Images.

Three noteworthy aspects of the current U.S. economy substantiate a possible detriment to the U.S. dollar. First, America’s deficits have nearly tripled since the 1980s and, second, the manufacturing portion of the Gross Domestic Product (GDP) is down at the moment. Additionally, service industries are achieving little export. Together, these three components could bring about a dangerous dollar dilemma, according to Forbes contributor, Eamonn Fingleton. His article goes on to compare the money markets of the U.S., Europe, and East Asia to analyze what may happen to the dollar. Check out the article HERE to find out Fingleton’s advice on where to invest your dollars to avoid the potential doomsday.

Verizon Could Owe Apple Big Time

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Courtesy of www.iphonehacks.com via Google Images.

Back in 2010 when Apple first signed with Verizon to sell iPhones, Verizon committed to selling a certain number of phones each year. However, Verizon seems unable to sell the amount specified and could owe Apple up to $14 billion for the shortfall in sales. With analysts predicting a decline on iPhone sales at the moment, Verizon just may end up paying Apple. Could this mean a new deal for another cell phone producer? Maybe. More importantly, what does this mean for Verizon Wireless (VZ) and Apple (AAPL) shareholders? Read the article HERE to find out.

Sectors to Invest in Now!

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Courtesy of My Fox 8 (website) via Google Images.

Using relative performance analyses, Forbes contributor, Tom Aspray, identifies sectors that are leading the stock market higher. This type of analysis focuses on stocks that are outperforming the overall Dow Jones. Aspray goes on to discuss a variety of sectors that have outperformed and underperformed in the market during the last month. Check out the full article HERE to see which sectors and ETFs he advises investing in.

 

 

Will Gold Fall Again?

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Courtesy of www.goldreview.com via Google Images.

Looking at the price of gold in the long-term, it could fall below $800 an ounce. Though the nominal (real) price of gold has remained roughly the same, Duke University’s Fuqua School of Business professor, Campbell Harvey, said that gold is currently above its mean price. He went on to say that gold historically rises above the mean and falls below it. Read the article HERE to find out Harvey’s advice on what aspect of gold to invest in.

How to Efficiently Diversify Your Money

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Courtesy of www.crackerjackgreenback.com via Google Images.

For long-term investment success, defining and maintaining your asset allocation is key. Diversification of funds into stocks, bonds, and other investments allows an appropriate level of risk for you as an investor while also ensuring that you’re not putting all your eggs in one basket. For instance, overconcentration in a single stock is something to watch out for because not all sectors prosper at the same time, which in turn can reduce portfolio risk. When selecting bonds, remember to look at styles, maturities, and sensitivity to inflation in order to understand how they will fit into your collection of assets. For more information on how to diversify your portfolio and strategies, read the full article HERE.