Should I Live in or Rent my new Investment Property?

By |May 15th, 2019|Categories: Personal Finance Tips|

If you are planning to move in the near future, there is always a primary decision to make whether you will be opting to rent out a place or buy a new property that you will live in indefinitely. Best case scenario, you already own an investment property but you are still unsure if it would be a good idea to live in it or rather rent it out.

3 Important Reasons Why Cannabis Should Be Legal

By |May 15th, 2019|Categories: Personal Finance Tips|

Cannabis is currently legalized for medical and recreational use in 10 states and the District of Columbia. Outside of those states, possession and use of cannabis is still considered a felony since pot is considered a Schedule I drug, right alongside heroin, LSD, and ecstasy. If that seems a bit off to you, you’re not alone. There are numerous scientists, lawmakers, doctors, and members of the general public that believe that marijuana should be legalized throughout the country. Other countries like Canada and the Netherlands have legalized recreational and medical marijuana use countrywide.

How CBD and Dopamine Gummies Can Vastly Improve Your Lifestyle

By |May 15th, 2019|Categories: Personal Finance Tips|

Headaches, lack of focus, muscle pain, stomaches, fatigue; stress can cause it all and then some. Instead of letting stress impact their physical and emotional wellbeing, more and more people are turning to CBD. According to this study, 62 percent of CBD users reported using CBD to treat a medical condition. Some of their conditions included depression, pain, and anxiety. Adding CBD and dopamine to your daily routine can relieve these conditions—and more!

Tax Loss Harvesting and Cryptocurrencies

By |May 14th, 2019|Categories: Personal Finance Tips|

Anyone can apply tax efficient strategies to reduce their tax liability and tax loss harvesting is one of them. Through tax loss harvesting, one can take advantage of unrealized losses to minimize taxable revenue. In the UK, crypto assets are treated the same way as stocks for tax purposes. As such, the same tax loss harvesting rules apply to cryptocurrencies. The 2018 bear crypto market has so far extended to 2019. It is thus important that crypto users know how to take advantage of tax reliefs to minimize losses.

10 Big Ideas from Seth Klarman and Margin of Safety

By |May 13th, 2019|Categories: Personal Finance Tips|

One name from the investment world that you should know about is Seth Klarman. Klarman is a reclusive hedge fund manager and investor. In 1991, Klarman managed over $400 million in assets. Klarman is now the CEO and president of the Baupost investment firm, headquartered in Boston. Baupost manages over $27 billion in assets. Klarman himself is estimated to have

Preparing for Your Future: How to Make a Will

By |May 13th, 2019|Categories: Personal Finance Tips|

There are two certainties in life: death and taxes. Most of us are pretty prepared for each tax season, but did you know that 60% of Americans don’t have a will? Many people don’t have wills because the prospect of facing their death isn’t something they’d like to think about. But it is important that you have a clear plan for what happens to your assets after you die, especially if you have a lot of them. If you have dependents, it is even more important for you to write a will.