The term “inflation” has been circulating in the headlines and on the news for some time now and, unfortunately, doesn’t seem to be going away anytime soon. Put simply, inflation is described as an increase in prices coupled with a decrease in the purchasing power of money.
Despite a downturn on the last day of the month, stocks rebounded impressively in November from a moribund performance in October.
When investing for retirement, you're likely to hear a lot of well-meaning guidance from family, friends, and others offering advice — even the media.
The window of opportunity for many tax-saving moves closes on December 31, so it's important to evaluate your tax situation now, while there's still time to affect your bottom line for the 2020 tax year.