Author: troyashbacher

When it comes to investing, almost everyone wants to snag the next big winner. Stories abound of investors getting in early and benefiting from explosive growth, sometimes building their fortunes on a single win alone. However, for every story of triumph, there are dozens, if not hundreds, of cautionary tales of investors who placed big bets only to see them crumble.”While the upside of concentrated positions can be enticing, many of the most successful investors believe the risk is too high,” says Erin Scannell, a private wealth adviser at Ameriprise Financial.This is where one of the most powerful, yet overlooked,…

You’ve saved, saved, and saved some more, and now, you’re nearing retirement and have amassed a fortune in your 401(K) and IRA accounts. Nonetheless, you keep on going, right? You keep on saving until you retire. After all, that’s the golden rule of finance.Maybe not.Sometimes, all that diligent saving can actually cause more financial harm than good, particularly when you’ve already hit your retirement savings targets. From just $107.88 $24.99 for Kiplinger Personal Finance Be a smarter, better informed investor. CLICK FOR FREE ISSUE Sign up for Kiplinger’s Free Newsletters Profit and prosper with the best of expert advice on…

This little Laneige gift set is on sale for $15.96 right now.   It comes with three mini sleeping masks and two little lip balms.  These are smaller than the normal product but you get to try several flavors and can have a bunch to put in your bag, your car, your desk, nightstand etc…  Five products for $16 is a great deal for this brand and works out to $3.20 per item.  That is such a steal. If you make your own advent calendars or if you want to split these up for multiple gifts, this set is perfect. Click…

“I have a $500,000 Roth IRA, a portfolio account of $500,000 and $300,000 in 529 plans.”

Softbank Sells Entire Stake in Nvidia 57 minutes ago SoftBank is out of Nvidia stock—but not the AI trade. The Japanese company in a Tuesday statement said it sold 32.1 million shares of chip giant Nvidia (NVDA), a “complete sale,” in October, raising $5.83 billion. That comes to an average price of just under $182, below Monday’s $199.05 per share close. (It also reported $9.17 billion in proceeds on sales of T-Mobile (TMUS) between June and September.) Nvidia’s shares hit their latest record high of $212 in late October, but investors more recently have shown signs of wariness about valuations and the…

Key Takeaways SoftBank on Tuesday said it raised nearly $6 billion selling its stake of Nvidia shares. But it’s using those and other funds to invest in OpenAI, so the Japanese company isn’t getting out of the AI business. SoftBank is out of Nvidia stock—but not the AI trade. The Japanese company in a Tuesday statement said it sold 32.1 million shares of chip giant Nvidia (NVDA), a “complete sale,” in October, raising $5.83 billion. That comes to an average price of just under $182, below Monday’s $199.05 per share close. (It also reported $9.17 billion in proceeds on sales…

By Dr. Jim Dahle, WCI Founder Years ago, people worried about the rapidly escalating cost of a college education. So, parents started saving. Even the government got involved eventually with the creation of Coverdell Education Savings Accounts and 529s. That all seems so Boomer now—or at least Gen X. The housing crisis in our country makes the task of coming up with $100,000 or even $300,000 to pay for your child’s education seem downright trivial. Salt Lake County, where I call home, is far from the high-cost-of-living areas (HCOLAs) of the Bay Area, Washington DC, Boston, LA, or Manhattan. Yet…

It’s been nearly a decade since the last major overhaul of the U.S. tax code, and as 2026 approaches, advisers are preparing for what may be one of the most consequential resets in recent memory.News has been circulating for months about the One Big Beautiful Bill Act (OBBB) since it was signed in July, but now is the time when many of its implications are beginning to take shape as we head toward their effective date in 2026.The OBBB has replaced uncertainty with permanence, locking in lower individual income tax rates, expanding deductions for business owners and solidifying estate exemptions…

Amid a record-breaking federal government shutdown, Washington, D.C. leaders made an emergency move that impacts key tax breaks for residents.The D.C. City Council decoupled from the new 2025 Trump tax law, thereby removing local income tax savings tied to the new “no tax on tips” deduction and the $6,000 “senior bonus” deduction. This means District of Columbia residents who qualify for these federal tax breaks won’t be able to claim them on their local tax returns.While difficult, the choice certainly wasn’t surprising. The District of Columbia is expected to lose up to $1 billion in revenue over the next four…

Open enrollment season is here, bringing with it the annual rush of decisions about health insurance and related benefits. For many, one option often rises above the rest: the Health Savings Account (HSA).Why? Because of the HSAs’ so-called “triple tax advantage.” That includes pre-tax contributions, tax-free investment growth, and tax-free withdrawals for qualified medical expenses.With such potentially significant tax advantages, opting in to an HSA might seem like an easy choice. From just $107.88 $24.99 for Kiplinger Personal Finance Be a smarter, better informed investor. CLICK FOR FREE ISSUE Sign up for Kiplinger’s Free Newsletters Profit and prosper with the…