Taking advantage of tax shelters through strategic planning is a key aspect of any good financial plan. In this article, we define tax shelters as well as discuss their advantages, disadvantages, and provide many examples. Tax Shelters – Definition A tax shelter is any account which provides tax advantages to the owner in the form of […]
Do I need an emergency fund before investing?
One of the most common questions asked for those beginning to invest is: Do I need an emergency fund before investing? The Answer: It depends. In most cases, having an emergency fund before you begin investing is the ideal situation. This is the mantra waived by nearly all personal finance writers. Often, they overlook complex […]