Financial Blog

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What is a Blind Trust, Anyway?

What is a Blind Trust, Anyway?

There’s a lot of talk about blind trusts in the news, along with a lot of conflicting and incorrect information. So here’s how a real deal blind trust works. First piece of business: A trust is just an arrangement where one person manages assets (like money and...

Correcting Errors on Your Credit Report

Correcting Errors on Your Credit Report

Your credit report holds a lot of sensitive information, from where you live to if you've ever been sued to whether you pay your bills on time. Companies sell those reports to companies that want to check your credit: lenders, landlords, employers, and insurance...

11 Red Flags that Draw IRS Attention

11 Red Flags that Draw IRS Attention

No one wants to get audited – and most people don’t. But if you really want to avoid unwanted attention from IRS auditors, you need to know about these 11 red flags in your tax return that may spark their interest. Making more than $200,000 a year: IRS statistics show...

Are Bonds Always Safe Investments?

Are Bonds Always Safe Investments?

Like all investments, investing in bonds carries a degree of risk. In fact, there some risks that relate specifically to bonds: Credit risk Interest rate risk Income risk Call risk Credit risk refers to the chance that the bond issuer will default, and you’ll lose...