Financial News from Kiplinger

  • The Most Overlooked Tax Deductions Kiplinger - Sun, May 22, 2016 11:58 PM AEST
    The Most Overlooked Tax Deductions

    This is particularly important to you if you live in a state that does not impose a state income tax. You see, Congress offers itemizers the choice between deducting the state income taxes or state sales taxes they paid. In some cases, even filers who pay state income taxes can come out ahead with the sales tax choice.

  • Steps to Lower Your Property Tax Bill Kiplinger - Sun, May 22, 2016 11:51 PM AEST
    Steps to Lower Your Property Tax Bill

    Home values have risen across the country, which means many homeowners' property taxes are going up, too. In New Jersey, home to some of the highest property taxes in the U.S., the average property tax bill rose 2.4% to $8,354 in 2015, the largest increase in four years. In Massachusetts, the average single-home property tax bill for 2016 is $5,438, up 3.9% from 2015.

  • 8 Best ETFs for Dividend Investors Kiplinger - Sun, May 22, 2016 11:48 PM AEST

    Just how important are stock dividends? Over the long haul, these cash payouts have accounted for some 40% of overall U.S. market returns. In periods of poor stock market performance, they've played an ...

  • Great Stocks With Hidden Value Kiplinger - Sun, May 22, 2016 1:45 AM AEST
    Great Stocks With Hidden Value

    Thinkstock In the stock market, value often is in the eye of the beholder. At a time when many stocks seem overpriced in light of a tepid global economy and anemic growth in revenues and profits, we went ...

  • 8 Best Vanguard Funds for Retirement Income Kiplinger - Sun, May 22, 2016 1:41 AM AEST

    Between the firm's many index funds and its actively managed portfolios, investors have plenty of good choices including the eight mutual funds highlighted here. Although they're not as cheap as the firm's index funds, their expense ratios are still remarkably low. This stalwart is a member of the Kiplinger 25, the list of our favorite no-load mutual funds.

  • 3 Key Takeaways from Prince's Estate-Planning Mistakes Kiplinger - Sat, May 21, 2016 3:20 AM AEST
    3 Key Takeaways from Prince's Estate-Planning Mistakes

    Even without his level of wealth or musical legacy, you should be sure to have a plan in place for everything you want to leave behind after you die.

  • The Problem with Dollar-Cost Averaging Kiplinger - Thu, May 19, 2016 3:30 AM AEST
    The Problem with Dollar-Cost Averaging

    It may be a sound investing strategy, but it loses power over time.

  • 6 Dividend Stocks That Are Good for Retirees Kiplinger - Wed, May 18, 2016 11:40 PM AEST
    6 Dividend Stocks That Are Good for Retirees

    We offer a mix of high-yielders and companies with strong dividend-growth prospects.

  • When You Can Tap a 401(k) Early With No Penalty Kiplinger - Wed, May 18, 2016 5:30 AM AEST
    When You Can Tap a 401(k) Early With No Penalty

    Leave your job in the year you turn 55 or older, and Uncle Sam will cut you some slack on the early-withdrawal penalty.

  • Good-Paying Jobs That Don't Require a College Degree Kiplinger - Wed, May 18, 2016 3:40 AM AEST
    Good-Paying Jobs That Don't Require a College Degree

    Get a foot in the door of a promising career without paying tuition.

  • 9 Great Places to Retire Outside the U.S. Kiplinger - Mon, May 16, 2016 11:40 PM AEST
    9 Great Places to Retire Outside the U.S.

    The global infrastructure is better, and you can be more connected than ever before, so you're never farther than a Skype call away from your grandkids." Consider that the Social Security Administration sent almost 380,000 checks to retirees living overseas in December 2014, a 1.8% increase from 2013 and nearly a 19% increase from 2009. The climate is warm and generally sunny year-round, with high temperatures regularly averaging 73 to 88 degrees F. "There's something new to do every day," including concerts, cooking classes, art exhibitions, pottery and painting classes, hot air balloon rides, horseback riding and swimming in hot springs, says Christine von Jan, an agent for Coldwell Banker Smart.

  • 4 Best Cheap Funds to Invest in Now Kiplinger - Mon, May 16, 2016 11:40 PM AEST

    Expenses really do matter. As a group, mutual funds with low fees outpace those that charge a lot.

  • 9 Best Income Investments Other Than Dividend Stocks Kiplinger - Sun, May 15, 2016 10:33 PM AEST
    9 Best Income Investments Other Than Dividend Stocks

    With the economy revving up, the Federal Reserve finally lifted its benchmark short-term interest rate last December. True, you can now squeeze out a bit more income from money market funds and other types of short-term savings accounts. Buy a 10-year Treasury note and you'll pocket a 1.8% yield, down from 2.2% at the start of 2016.

  • Urban Myths of Personal Finance Kiplinger - Sun, May 15, 2016 10:15 PM AEST
    Urban Myths of Personal Finance

    One in four Americans ages 30 to 49 are saving NOTHING for retirement, and more than half -- 59%! -- say they plan to save more aggressively "later" to make up ground. The long-term fallout can be devastating if you fail to stash money in a retirement savings plan as soon as you start earning a paycheck. Ah, so this is why Donald Trump won't release his tax returns, right?

  • How to Become a 401(k) Millionaire Kiplinger - Sun, May 15, 2016 1:06 AM AEST
    How to Become a 401(k) Millionaire

    A seven-figure nest egg is achievable if you start early and stay disciplined.

  • Interest Rates to Change Little Till Fed Acts Kiplinger - Sat, May 14, 2016 7:20 AM AEST
    Interest Rates to Change Little Till Fed Acts

    Kiplinger's latest forecast on interest rates

  • When Uber Doesn't Work: New Ways to Get a Ride Kiplinger - Fri, May 13, 2016 10:01 PM AEST
    When Uber Doesn't Work: New Ways to Get a Ride

    Three alternatives to getting around town without using the transportation app.

  • What $1 Million Buys You in Today's Housing Market Kiplinger - Sat, Apr 23, 2016 11:16 PM AEST
    What $1 Million Buys You in Today's Housing Market

    Thinkstock If you're looking for evidence of an improving economy, look no further than the upper end of the U.S. housing market. Sales of existing homes priced in the $1 million range grew at an 18.4% ...

  • What to Do When Markets Plunge Kiplinger - Sat, Apr 23, 2016 4:40 AM AEST
    What to Do When Markets Plunge

    Play it cool with these five tips.

  • 8 Ways to Make Sure You Never Pay an ATM Fee Kiplinger - Fri, Apr 22, 2016 3:30 AM AEST

    Find out ways to avoid add-on fees that could charge you 9 percent or more.

  • Seven things that will soon disappear forever Kiplinger - Fri, Apr 22, 2016 12:00 AM AEST
    Seven things that will soon disappear forever

    Ten years ago, thousands of Blockbuster Video stores occupied buildings like this all over the country, renting DVDs and selling popcorn, but today they’re virtually all gone; only a streaming video service remains.

  • Prepare Your Retirement Portfolio for a Downturn Kiplinger - Fri, Apr 15, 2016 12:14 AM AEST
    Prepare Your Retirement Portfolio for a Downturn

    There's no way to anticipate every possible outcome. But this allocation covers the big unknowns.

  • 6 Reasons I'm Worried Derivatives Could Take Down the Economy Again Kiplinger - Fri, Apr 8, 2016 10:50 PM AEST
    6 Reasons I'm Worried Derivatives Could Take Down the Economy Again

    Savers and investors should be concerned that another round of bank failures could happen anew.

  • 25 Best Mutual Funds for Low Fees Kiplinger - Thu, Apr 7, 2016 2:50 AM AEST
    25 Best Mutual Funds for Low Fees

    Thinkstock At Kiplinger, we've been writing about mutual funds since the 1950s, and have been putting together a list of our favorite no-load mutual funds since 2004, drawing on the broad experience of ...

  • 7 No-Load Mutual Funds to Add to Your Portfolio Kiplinger - Wed, Apr 6, 2016 11:00 PM AEST

    We get off the mat by adding seven new funds that match up well against hostile markets.

  • 7 Best Dividend Stocks for a Rocky Market Kiplinger - Wed, Apr 6, 2016 11:00 PM AEST
    7 Best Dividend Stocks for a Rocky Market

    iStockphoto With stocks slumping over the past year and the market gyrating wildly so far in 2016, it looks like a good time to settle down with solid, dividend-paying stocks. If share prices resume their ...

  • 12 Stocks to Earn Dividends Every Month Kiplinger - Fri, Apr 1, 2016 12:00 AM AEDT
    12 Stocks to Earn Dividends Every Month

    istockphoto A regular paycheck isn't the only way to ensure a steady flow of income. Whether you are already retired or simply planning ahead for retirement, by carefully selecting stocks that pay dividends ...

  • HSA vs. IRA: Which One to Fund First? Kiplinger - Thu, Mar 31, 2016 11:01 PM AEDT
    HSA vs. IRA: Which One to Fund First?

    You'll maximize the tax benefits by letting the health savings account grow and using other money for current medical expenses.

  • 8 Dividend Stocks You Will Want to Own in Retirement Kiplinger - Wed, Mar 30, 2016 12:30 AM AEDT
    8 Dividend Stocks You Will Want to Own in Retirement

    Business basics: "Trees don't grow to the sky," the old Wall Street line goes. Apple (symbol AAPL, $106.72) forecast in January that its revenues in the January-March quarter would fall, the first year-over-year quarterly decline since 2003.

  • 4 Aggressive Moves in Your 40s to Achieve Long-Term Financial Goals Kiplinger - Tue, Mar 29, 2016 3:47 AM AEDT
    4 Aggressive Moves in Your 40s to Achieve Long-Term Financial Goals

    Follow our suggestions to ensure that you will have enough saved for your kids' college funds and your retirement fund.

  • How to Grow Your Retirement Savings Without Growing Your Tax Bill Kiplinger - Mon, Mar 28, 2016 11:01 PM AEDT
    How to Grow Your Retirement Savings Without Growing Your Tax Bill

    Moving money from a bank or brokerage account to a Roth IRA can save you a lot in future taxes.

  • IRS Tax Audit Red Flags Kiplinger - Mon, Mar 28, 2016 1:14 AM AEDT
    IRS Tax Audit Red Flags

    istockphoto Ever wonder why some tax returns are eyeballed by the Internal Revenue Service while most are ignored? Short on personnel and funding, the IRS audited only 0.86% of all individual returns in ...

  • Claim These Tax Deductions Even If You Don't Itemize Kiplinger - Sun, Mar 27, 2016 6:40 AM AEDT
    Claim These Tax Deductions Even If You Don't Itemize

    Lines 23 through 35 of the IRS 1040 form are extra-powerful. Can you put them to work for you?

  • 7 Habits of Highly Frugal People Kiplinger - Fri, Mar 25, 2016 11:50 PM AEDT
    7 Habits of Highly Frugal People

    People who pay off their debt and achieve financial independence don't succeed by accident. They establish habits that allow them to consistently reach their goals over the long haul.

  • 8 Financial Decisions You'll Regret Forever Kiplinger - Wed, Mar 23, 2016 11:40 PM AEDT
    8 Financial Decisions You'll Regret Forever

    According to John Sweeney, executive vice president for retirement and investment strategies at Fidelity Investments, you're likely to reduce or suspend new contributions during the period you're repaying the loan. Keep in mind, too, that you'll be paying the interest on that 401(k) loan with after-tax dollars -- then paying taxes on those funds again when retirement rolls around. College tuition, for instance, can be covered with student loans and PLUS loans for parents.