Thursday, January 4, 2018

New Year, New Gains!

Happy New Year fellow Stockblowers! Here are a few tips to start off 2018 right:

  • Now is a good time to think about contributing to your IRA. Most people can contribute $5,500 for the 2018 tax year. By contributing now, the money can grow all year!

  • For all the procrastinators, you can still make an IRA contribution for the 2017 tax year. The deadline is 4/17/18.

  • If you held off on selling stocks during your portfolio review last year for tax reasons, revisit those stocks and see if now is a more appropriate time to sell.

  • Tax season is just around the corner, so get ready for it by talking to your financial advisor. Don't just look back at last year, plan for 2018.

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