There is an old, old saying – “Don’t put all your eggs in one basket!” This piece of advice is still perfectly applicable to the ever new, changing world of investing, because diversification reduces risk. By varying financial instruments, asset classes, companies, industries, geographical locations, etc., you are hedging against a singular event, or series...
A Simplified Employee Pension, or SEP IRA, is a basic retirement account much like a traditional IRA. SEP IRA contributions are tax-deductible, and investments grow tax-deferred until retirement, when distributions are taxed as income. A SEP IRA may be a better choice for you…. If you have employees and want to choose which years to...
4 tough questions to ask before expanding to a new location Is business going so well that you’re thinking about adding another location? If this is the case, congratulations! But before you start planning the ribbon-cutting ceremony, take a step back and ask yourself some tough questions about whether a new location will grow your...
Most folks would find it challenging to build a commercial real estate portfolio on their own. But using a Real Estate Investment Trust or REIT, an individual can buy a share in a commercial real estate portfolio and make money the same way the big real estate investors do: receiving income generated by renting, leasing...
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