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BREXIT: Britain’s Independence Day
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Organize Your Financial Documents With These 10 Helpful Categories
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Roth Conversion: Take Your Required Minimum Distribution Out First
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You Only Brexit Once (YOBO)
5
How to Really Buy a Car

BREXIT: Britain’s Independence Day

Last Thursday, June 23th, the United Kingdom (UK) voted to leave the European Union by 51.9% to 48.1%. Friday, June 24th, markets dropped in response.

In joining the European Union, member states submit the Treaty on the Functioning of the European Union. Article 288 of this treaty states that all regulations, directives, and decisions of the European Union shall be “binding in its entirety” and as such have the force of law overriding all merely national laws and requiring that such legislation be modified into consistency with the European Union’s regulation.

There is no method for a member state …

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Organize Your Financial Documents With These 10 Helpful Categories

Can you quickly locate last year’s income tax return? Do you have the contents of your wallet and your account information recorded somewhere in case it is stolen? Can you find your homeowners insurance policy? If you can’t answer ‘yes’ to these three questions – don’t panic – but you may need to take some important steps towards getting organized.

The benefits of organizing your records include simplifying your finances, reducing stress, being prepared for unexpected events and having more time for fun activities. You will need to identify what to keep, who will maintain the records, where to keep …

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Roth Conversion: Take Your Required Minimum Distribution Out First

The average article you can find on the Internet about either Required Minimum Distributions (RMDs) or Roth Conversions will be littered with all sorts of scary ways that you can make expensive errors. It’s no wonder that most people, advisors and investors alike, shy away from mingling the two concepts by performing a Roth conversion while the owner is subject to RMDs.

That being said, with a thorough understanding of the IRS rules, performing a Roth Conversion even after your so-called Required Beginning Date (RBD) can be both easy and profitable.

A simple summary of how to meet your Required …

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You Only Brexit Once (YOBO)

Not even a month ago, I wrote to you and shared my thoughts on Britain leaving the European Union (EU).  I guess I was wrong.

Thursday’s 52%-48% vote by the British electorate to end its 43-year membership in the European Union seems to have taken just about everybody by surprise, but the aftermath could not have been more predictable.  The uncertainty of how, exactly, Europe and Britain will manage a complex divorce over the coming decade, sent global markets reeling.   London’s blue chip index, the Financial Times Stock Exchange 100, lost 4.4% of its value in one day, while Germany’s …

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How to Really Buy a Car

Buying a different car (notice I didn’t say new car) is an event many individuals experience throughout their lifetime. Personally, I have had a number of cars in my lifetime, and I’m sure I’ll have a few more (right now the ol’ mini-van stands at 241,000 miles). My goal is not to spend too much on a depreciating asset, yet make a sensible purchase based on reliability, fuel efficiency and insurance costs. Although some readers may not agree with me, here are some tips on how to really buy a car.

  1. Do your homework. Websites such as Kelly Blue Book
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