The past six months have been the stock market’s worst start to a year since 1970. And even though the richest billionaires lost a collective $1.4 trillion in the past six months, in general high-net-worth individuals with at least $1 million in investable...
It’s hard to think of many upsides to selling a stock at a big loss, but there is one: It may lower your taxes. Investors who take a loss in a taxable account can use it to offset capital gains taxes owed from selling stocks that have appreciated. Such tax-loss...
When parents leave their children an inheritance, assets are most often split equally among siblings. But equal isn’t always equal when they leave individual retirement accounts or 401(k)s to adult children with big differences in income—at least not anymore. Before...
Rising fears of an impending economic downturn have added to investors’ fears that things could continue to get worse. Beyond the traditional measure of stocks being at least 20% below the prior peak, last week’s piece discussed that the recent widespread selling...
Each of these calculations serves a different purpose. The best way to describe the different uses for the two calculations is to say IRR is your rate of return while the time weighted rate of return is the money manager’s rate of return. The time weighted rate of...
According to CNBC, last week Elon Musk told SpaceX employees the company isn’t likely to take its Starlink satellite internet business public until 2025 or later, extending the estimated timeline for an initial public offering yet again. “I’m not sure exactly when...
