What do you do when you own bonds or stocks issued by a bankrupt company?
Ok so you own securities in a bankrupt company. If they’re stock, you’re probably going to be wiped out. If you own bonds, you are…
Crowdfunding Real Estate?
Kickstarter and GoFundMe have made huge waves and created a new road for projects to take to get funded. A lot of bright individuals have…
Financial Engineering for Small Businesses?
Large companies continually change the composition of their balance sheets to use their capital as efficiently as possible and to maximize their profitability. While small…
Reverse Mortgages for Retirees – Boon or Bane?
It’s a commonly quoted statistic that nearly half of American families have no retirement savings. For many people facing retirement, their homes may be the…
Donor Advised Funds and Foundations
Donating money to charities can be a great way for a family to make an impact on their community, and to create a lasting legacy. …
Life Insurance: The Usages
They say that when you’re a hammer, all the world’s a nail. It seems like life insurance salespeople will try to sell you life insurance…
Side Businesses and Tax Deferral
If you’re a small business owner who has a significant income, minimizing your taxes can do a lot to improve your income. There are a…
Setting Up A Corporation In New York State
As long as your articles of incorporation meet these five requirements, and you pay the $125 filing fee, your application should be approved. Setting up…
Employer Income Tax Withholding: The Basics
If you have recently changed jobs, you’re probably familiar with the W-4 form, where you declare how many exemptions you have, for things like having…
Investing in Volatility: Understanding the VIX
If you follow the stock market coverage on CNBC or Bloomberg, or read the Wall Street Journal, you’ve probably seen references to the VIX, especially…