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Should I Use a Robo-Advisor to Manage My Investments?

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It often includes automatic rebalancing, tax-loss harvesting, retirement planning and picking investments. You can access the platform 24/7 from your phone, tablet or computer. If you already have a retirement account through your employer, check if that investment company also has a robo-advisor option.

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5 Tips to Make Filing Taxes Easier for Freelancers in 2023

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Save for retirement When trying to get a business off the ground or earn enough to cover your monthly bills, saving for retirement might seem like a luxury you can’t afford. Don’t let the magic of compound interest pass you by, even if you can only manage to set aside a little bit for retirement every month. Every dollar counts.

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4 Smart Money Moves to Plan for Financial Security

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They don’t have a purpose for the money they’re saving, and they often end up splurging on stuff they don’t really need (or want) rather than using it to fund a life goal such as buying a house or saving up for retirement. Start a retirement plan. You’re young, and retirement probably feels light-years away.

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Liminal Space: Why This Period of Nothingness Is Critical to Being Present and Processing Your Thoughts

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One positive effect of commuting I was missing was time away from my phone just listening to music, which was recharging for me,” Cuthbert says. Learn If your commute was your time to space out and read articles on your phone or in a hard copy newspaper or magazine, you may love carving out some time for learning.

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30 New Year’s Resolution Ideas to Make 2024 Healthier, Happier & More Secure

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Save more for retirement. Increase contributions to retirement accounts such as your 401(k) or IRA. Make an effort to reach out to long-lost friends or former colleagues whether it’s a message on social media, an email or a phone call to catch up. Set savings goals. Reduce debt. Invest in an emergency fund. Let go of grudges.

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How to Choose a Robo-Advisor

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Knowing what you’re saving for—whether it’s retirement, college education for your children, a down payment on a house or all three—can help you understand your risk tolerance, timeline and other factors required to invest successfully. Determine your goals. As with any investment strategy, it’s important to start by understanding your goals.

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How Michael J. Fox Finds Ways Around Life’s Obstacles

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Then Fox’s golden-boy career was seemingly derailed much too soon by a diagnosis of Parkinson’s disease—only to be resurrected by award-winning guest roles and, briefly, his own NBC sitcom before he officially retired in 2020. Fox grew up in a loving, supportive family that settled in the Vancouver suburb of Burnaby after his father retired.

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