If you're visualizing retirement on the horizon, you may be doing (and researching) all you can to ensure you have enough money squirreled away to sustain you through decades of retirement. While a term life insurance policy can often be a valuable investment for a couple just starting out, approaching the end of your earning years (and a more risky age bracket) could lead you to believe that adding a term policy to your portfolio isn't a wise move.
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Now that you have planned your trip, purchased plane tickets, and booked hotels, you are ready for your vacation. There's just one thing: you need to renew your passport. The thing is, your application has been denied. This could be the result of Fix America's Surface Transportation Act, also known as FAST Act. The main idea? The government can deny you a passport if it finds you to be seriously delinquent on your taxes.
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Do you own a small business? Are you considering selling your business, perhaps for retirement or to pursue another opportunity? If you've never sold a business before, you may find that it can be a challenging process. Buyers aren't always readily available, and the potential buyers you do find may scrutinize your business intensely before making an offer.
If you can't answer their questions, or if your answers aren't satisfactory for them, you could have a hard time moving the deal across the finish line.
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If you are trading on the forex market, you probably want to make the best decisions possible in order be successful. This can be difficult because it is easy for a few bad trading decisions to cause you to fear the market. The reason why this is important is because when you are emotional, your thinking is going to be clouded and you are not going to be able to make decisions based on fact because you will be strongly influenced by your emotions.
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If you're putting money into an IRA, then you have to decide how to allocate it. You can be incredibly aggressive and put everything into speculative, small cap stocks. However, that can be disastrous if the market tanks. On the other hand, you can put every nickel into short-term bonds. The problem with that plan is that you will see very little asset growth. So, the solution is to choose a plan that is conservative, yet has room for growth.
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