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If the Equifax issue was not enough, there is a new game in town. We have just been made aware of a new wire-related fraud activity targeting those involved in real estate transactions. 

Could you use an extra $2000?

Almost everyone knows about the tax savings a retirement plan offers, such as a 401(k) or a 403(b). However, did you know for some tax payers there is a way to save twice, and possibly increase your refund? It is called the "Retirement Savings Contribution Credit," and it can be used even if you are contribution to a ROTH IRA.

How does it work?

If you contribute to any of the following retirement plans, you could be eligible for this credit:

In a few weeks’ time, we will be holding presidential and other office elections in the US. This election season has been filled with speculation and dire predictions based on predicted outcomes. What will happen to the economy and markets if Candidate A gets elected over Candidates B, C, or D? Investment experts, such as Mark Cuban and Marc Faber, allege economic devastation will befall us if  “the other candidate” should win. The media is quick to pick up on such speculation and report them as fact.

It’s a presidential election year and with that comes the invariable stock market correlations seeking to predict election results or forecast the market’s direction.  On one hand, the performance of the stock market during the two months leading up to the election has been somewhat of a predictor of who will win the race. On the other hand, we try to predict the direction of the market based on who wins the election.