TheLiveBigWay® Digest: Quick Cash
As you travel along life’s journey, different opportunities can come across your path that require pooling your resources; buying a house, taking your family on vacation, building an emergency fund, or buying a new car. And when you decide to pursue one of these opportunities, the next step is to think about what needs to be done to achieve the goal. Sometimes the timeline for the goal is long-term, but what do you do if you need to save in a hurry? In this space, we explore different quick-saving tactics to consider when you want to save for a big expense in a timely manner.
As you’ve inevitably heard, the Mega Millions jackpot payout for tonight’s drawing is nearing $1 billion. The hype around this drawing has grown with every round there wasn’t a winner, even though the chances of winning aren’t improving with each round. Whether or not you choose to play the Powerball, Mega Millions, or any lottery drawing, there are a few relevant financial concepts to contemplate in light of the chaos. Take a ride with us as we chronicle the roller coaster of financial decisions you must make when you decide to purchase a lotto ticket.
OK, let’s be honest, we never really know what the stock and bond markets are telling us in real time. This is because the economy and the financial markets are complex, chaotic systems that defy short-term prediction or analysis. It is only after the fact, with the benefit of hindsight, that we know what the signal meant. Having said that, we can still harness economic theory to tell us what “might” be going on. Read on for our thoughts on the theories for recent market volatility.
The midterm election is just over two weeks away and many are predicting that this election’s attention and voter turnout will be unprecedented compared to recent years. No matter the result, however, it is almost certain that the vote will have an impact on the economy and the markets. Register today for our live webinar on Wednesday, November 14th at 11:00am PT / 2:00pm ET where Dr. Dave Yeske will share his thoughts on our post-election direction.
The final 2017 income tax deadline has come and gone. For those who filed for an extension, we would like to kindly request that you send us a copy of your 2017 federal and state returns to help us better serve you through the remainder of the year. We are best able to perform tax related analysis with your most current tax return. Exactly how the information is used varies from Client to Client but may include analyzing Roth conversions, updating retirement capital projections, calculating tax projections, and tracking tax data that can impact investment decisions. You may send the documents to us using any of the secure methods described here.