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4 Simple Ways Investing Can Double Your Money

KXLY May 21, 2021 3:57 AM newsfeedback@fool.com (Sam Swenson, CFA, CPA) Posted: Updated: May 21, 2021 7:42 AM To be successful with investing doesn’t require perfection; in fact, getting the basics right and knowing a few key details goes a tremendously long way. Perhaps the better news is that there are a number of ways to supercharge your investments that require very little technical knowledge of finance. Plenty of ordinary people are able to double their money by making a few simple and practical choices. Below, you’ll find four ways investing can double your money with only minimal effort. 1. The stoic power of time

3 Ways to Limit Capital Gains Taxes

WKBT May 16, 2021 8:51 AM newsfeedback@fool.com (Sam Swenson, CFA, CPA) Posted: Updated: May 16, 2021 12:05 PM Some of President Biden’s proposed tax law changes have caused quite a ruckus, especially those surrounding changes to capital gains tax and cost basis provisions. What this means for you is that, in nearly all cases, there are some general practices that can keep your tax bill low. Below you’ll find three ways to ensure you keep as much of your investment gains as you possibly can. 1. Hold investments for longer than a year Tax laws favor long-term investing; you’ll pay a far lower rate of tax if you hold your stocks and bonds for longer than a year. If you’re a day trader, you’ll need to get used to paying ordinary income tax on any locked-in gains, but if you’re a long-term investor, you’ll be eligible for favorable long-term capital gains rates after you’ve held an investment for more than a year.

4 Ways to Crash-Proof Your Index Fund Portfolio

4 Ways to Crash-Proof Your Index Fund Portfolio May 14, 2021 4:46 AM newsfeedback@fool.com (Sam Swenson, CFA, CPA) Posted: Updated: May 14, 2021 9:53 AM Index funds provide a great way to get started with investing. As you’ll quickly learn, a portfolio that’s 100% in stock index funds will also come with a great deal of risk. When the market turns south, you might wish that you had at least a portion of your assets in lower-risk investments. Here, we’ll look at some of the things you can do to reduce the emotional response you might feel if the market tanks. 1. Maintain a solid cash reserve

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