Robo-advisors are online investment management platforms that use algorithms and technology to provide automated financial advice to clients. They often require little to no minimum investment and offer lower fees compared to traditional human, financial advisors. Services offered can range from portfolio management to tax optimization and personalized investment recommendations based on a client’s risk tolerance and financial goals.
Investing in your financial freedom might win you a tax advantage this year. When filing your federal tax return, you can claim a portion of your contributions to qualified retirement savings accounts (Saver’s Credit). Your eligibility and the amount you are eligible for vary according to your retirement plan, adjusted gross income, filing status, and other variables.
According to some estimates, humans make a staggering 35,000 decisions every day. That equates to about 2,000 options for each hour of awake time. Thankfully, most decisions (such as what to eat for breakfast or what shoes to wear) are made swiftly and spontaneously. However, several decisions in life require a more thorough approach.
The real estate investment trust, or REIT, owns, operates, or finances real estate that generates revenue. REITs provide an investment option, similar to a mutual fund, that enables average Americans — not only Wall Street, banks, and hedge funds — to profit from valuable real estate; REITs offer access to dividend-based income and total returns and help communities grow, flourish, and rejuvenate.