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Regardless of the reason for selling your home, a common question is how much capital gains tax will be due on the sale.
You can take Social Security as early as 62 but this could result in a reduction of up to 30% in benefits.
Generally, the happiest retirees are debt free with no credit card debt, a paid off mortgage and no car payments. They also have several sources of income such as Social Security, a pension, income from investments, rental income, royalties, or a part-time job.
Value stocks are sold at a discount to their intrinsic value with an assumption the price will eventually increase to market levels. Value stocks tend to be less volatile and frequently pay dividends. They may sell at a discount because the industry is out of favor or late in its life cycle.
When you process a transfer with a P2P app you need to be especially careful to accurately enter the recipient’s information. The transfer is like cash, once it is transferred it is gone.
Dollar cost averaging allows you to invest in the market while providing some protection against market fluctuations and downside risk. It is most effective for investors who have a long investment horizon, maintain a diversified portfolio, and want to minimize risk.