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KXLY March 17, 2021 8:56 AM Emily Guy Birken - Forbes Advisor Posted: Updated: March 19, 2021 7:09 AM Return on investment (ROI) is a metric used to understand the profitability of an investment. ROI compares how much you paid for an investment to how much you earned to evaluate its efficiency. Let’s take a look at how it’s used by both individual investors and businesses. What Is ROI? When you put money into an investment or a business endeavor, ROI helps you understand how much profit or loss your investment has earned. Return on investment is a simple ratio that divides the net profit (or loss) from an investment by its cost. Because it is expressed as a percentage, you can compare the effectiveness or profitability of different investment choices. It is closely related to measures like return on assets (ROA) and return on equity (ROE). ....
Channel3000.com January 15, 2021 1:56 PM Emily Guy Birken - Forbes Advisor Posted: Updated: January 17, 2021 11:52 AM In the waning days of 2020, Congress passed a second Covid-19 relief bill as part of the Consolidated Appropriations Act, which was then signed into law on Dec. 27. While the $600 stimulus check is the most touted (and perhaps most controversial) aspect, this bill, like the CARES Act before it, also includes provisions that may affect your retirement account. Here’s what the second stimulus bill might mean for your retirement savings. If You Were Laid Off and Were Eligible for Company Retirement Contributions… To encourage employees to stay long term, many companies have “vesting” schemes for their contributions to employee retirement accounts. This means you must work for an employer for a certain amount of time to get the full amount of your 401(k) match. For example, you may get ownership of an additional 2 ....
It’s Time For Your End-Of-Year Investing Checkup December 17, 2020 10:46 AM Emily Guy Birken - Forbes Advisor Posted: Updated: December 19, 2020 6:06 AM With the new year just around the corner, this is the right time to give your investment and retirement accounts a checkup. As of writing, the S&P 500 is up over 60% from its spring plunge so despite the malaise and volatility of 2020, the markets haven’t had a terrible year. Nevertheless, the tumultuous year means your portfolio could probably use rebalancing, and it might be worth considering end-of-year moves that could slash your tax bill. 1. Review Your Investment Goals Begin by taking some time to review your investing and retirement goals. You may have hit a few milestones this year, so revising your list of goals for the year ahead will help you understand where you need to focus your attention. ....
Channel3000.com December 16, 2020 8:30 AM Emily Guy Birken - Forbes Advisor Posted: Updated: December 18, 2020 7:37 AM Signed into law on March 27, 2020, Congress created the Coronavirus Aid, Relief and Economic Security (CARES) Act to provide financial relief to Americans suffering from the economic fallout of Covid-19. Several of the more high-profile retirement provisions of the CARES Act have expired including stimulus checks, supplemental weekly unemployment benefits and the suspension of federal student loan payments. But there are still a few important CARES Act benefits that you can take advantage of before the end of 2020. Covid-19 Early Retirement Account Withdrawals The CARES Act eliminates the 10% withdrawal penalty for qualified retirement account holders who have a valid Covid-19-related financial hardship. It allows them to withdraw up to $100,000 from their tax-deferred retirement accounts, or taxable earnings in a Roth ....
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