Miscellaneous

His Majesty, King Charles III becomes Patron of the University of Westminster

21st May, 2024

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His Majesty, King Charles III becomes Patron of the University of Westminster

From: www.westminster.ac.uk

The University of Westminster is pleased to announce that following a large review of Royal Patronages, King Charles III will become the University’s Royal Patron continuing a long history of royal connections.

Previously, Queen Elizabeth II was the University’s patron from 1993 until her death in September 2022.

9th May, 2024

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By Ted James

Building personal financial health is crucial for reducing reliance on Social Security and Medicare. Proactive financial planning not only secures long-term stability but also empowers you with the freedom to make choices that align with your life goals. By adopting a strategic approach to managing your finances, you can ensure a more secure and independent future. In this article, we will explore practical tips for enhancing your financial health.

Prioritizing Budgeting

A comprehensive budget…

10 Worst Things to Carry in Your Wallet

15th Apr, 2024

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10 Worst Things to Carry in Your Wallet

From: www.aarp.org

With identity theft rampant, keep only the essentials in your pocket or purse

In an episode of Seinfeld, Jerry’s neurotic friend George Costanza has so much stuff jam-packed into his wallet that it’s ridiculed as a “filing cabinet.” Walking down the street, Costanza the pack rat tries to stuff one more thing inside, and the billfold explodes, scattering its contents to the wind.

Jon…

Five Overlooked Factors When Planning for Retirement

3rd Jan, 2024

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Five Overlooked Factors When Planning for Retirement

From: www.kiplinger.com

Not only can taxes, inflation and health care costs catch you unprepared in retirement, but so can the costs of supporting others and paying for the fun stuff.

Forecasting expenses in the distant future, particularly over the span of several decades, poses a considerable challenge. As we funnel funds into our IRAs or 401(k)s, the prevailing sentiment often leans toward a hopeful outlook,…

Do you know the difference between a Profit and Loss vs Balance Sheet?

26th Dec, 2023

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Do you know the difference between a Profit and Loss vs Balance Sheet?

From: www.yourcfoguy.com

They are both crucial in Finance & Accounting, yet each tell you different information

Let’s start with some definitions…

➡️ What is a Profit & Loss (P&L)?

In plain English, a P&L tells you what you’re net earnings are, which is the sum of what you’re EARNING, less the expenses you’re INCURRING

In accrual based accounting, that’s all dependent on…

3 Charitable Investment Strategies That Deliver Higher Tax Benefits

14th Dec, 2023

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3 Charitable Investment Strategies That Deliver Higher Tax Benefits

From: www.morningstar.com

These maneuvers may even improve your portfolio.

Morningstar’s resident tax guru Sheryl Rowling describes the conventional method of making charitable contributions as “kind of a breakeven” from a tax standpoint. If an individual writes a check to charity, she can deduct the contribution on her taxes, but she’s contributing dollars that have already been taxed.

Of course, contributing to a charity and…

AI Pricing: How Much Does Artificial Intelligence Cost?

12th Dec, 2023

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AI Pricing: How Much Does Artificial Intelligence Cost?

From: www.webfx.com

Artificial intelligence (AI) encompasses everything from chatbots to data analysis systems, helping businesses around the globe create personalized, sales-driving experiences for consumers and business buyers.

Already, analysts predict spending on AI systems reached nearly $118 billion in 2022 and surpass $300 billion in the next few years.

How much does artificial intelligence cost, though? It’s a question companies of all sizes (from enterprises to…

Mastering Inflation: A Visual Guide to Risk and Return for Investors

4th Dec, 2023

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Mastering Inflation: A Visual Guide to Risk and Return for Investors

From: AXS Investments

Persistent, long-term inflation can cut the purchasing power of investor savings in half.

The question is: how fast?

Investors must achieve real returns above inflation to meet long-term objectives, such as retirement or providing children with an education. A low risk, low return portfolio may prove to be high risk over time once inflation erodes the purchasing power of investor savings.

Designing a Risk-Managed Portfolio

22nd Nov, 2023

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Dustin Murdoff from Mundorf Wealth Management takes a deep dive with Mark DiOrio, Chief Investment Officer at Brookstone Capital Management, on what a Risk-Managed Investment Approach looks like. Here they discuss how Advanced Strategy Diversification is central to that approach.