New Car vs. Used Car
The auto might be new to you, but should you buy new from the dealer to get the factory warranty or do you opt for a used car letting someone else take the hit on depreciation?
The auto might be new to you, but should you buy new from the dealer to get the factory warranty or do you opt for a used car letting someone else take the hit on depreciation?
There is good reason to save all of your receipts, as you may never know what might end up being a deducible expense come tax time.
Invariably, when markets are volatile, and it seems as if no single investment strategy is keeping up with the market indexes, we get questions from clients asking whether an index fund would be a preferable investment.
We generally recommend that if an investor has less than $50,000 to invest in the market, mutual funds should be purchased to take advantage of the instant diversification. If more than $50,000 can be invested in the market (following our Ten Year Rule), shares of individual common stocks, in different industries, should be purchased.