During my decades in the trenches, I’ve heard every conceivable piece of financial advice, acted on many and offered some of my own. Here are the best of the best, a few simple sentences you can follow that will absolutely, positively make you richer.
Wall Street may want to temper their exuberance over the quarter struggling Sears Holdings Corp. (SHLD) just announced. "Sears' declining cash balance heightens its need to continue to source $2 billion of liquidity annually," David Silverman, Senior Director, U.S. Corporates at Fitch Ratings told TheStreet via email. "The company's ability to continue to operate is dependent on their ability to continue finding these sources -- it currently has a number of unencumbered store locations which could be monetized." And Sears may want to get moving on finding buyers for those properties, and brands such as Kenmore and DieHard. Sears' cash fell to $264 million in the first quarter from $286 million
Unless you've filed an extension with the Internal Revenue Service, the 2016 tax year is now history. There is a great strategy that high-earning households could be overlooking that may save significant taxes in retirement: setting up a Roth Individual Retirement Account. Roth IRAs are attractive for several reasons.