chơi xổ số keno trực tuyến

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Logue</b></b> is a freelance writer and consulting analyst. She has written for <i>Barron&#8217;s,</i> the <i>New York Times, Newsweek Japan, Compliance Week,</i> and the <i>International Monetary Fund.</i> She&#8217;s a lecturer at the Liautaud Graduate School of Business at the University of Illinois at Chicago. Her current career follows 12 years of experience as an investment analyst. She has a BA from Northwestern University, an MBA from the University of Chicago, and she holds the Chartered Financial Analyst designation.</p>","authors":[{"authorId":9152,"name":"Ann C. Logue","slug":"ann-c-logue","description":" <b>Ann C. Logue</b> is a freelance writer and consulting analyst. She has written for <i>Barron&#8217;s,</i> the <i>New York Times, Newsweek Japan, Compliance Week,</i> and the <i>International Monetary Fund.</i> She&#8217;s a lecturer at the Liautaud Graduate School of Business at the University of Illinois at Chicago. Her current career follows 12 years of experience as an investment analyst. She has a BA from Northwestern University, an MBA from the University of Chicago, and she holds the Chartered Financial Analyst designation.","hasArticle":false,"_links":{"self":"//dummies-api.coursofppt.com/v2/authors/9152"}}],"_links":{"self":"//dummies-api.coursofppt.com/v2/books/"}},"collections":[],"articleAds":{"footerAd":"<div class=\"du-ad-region row\" id=\"article_page_adhesion_ad\"><div class=\"du-ad-unit col-md-12\" data-slot-id=\"article_page_adhesion_ad\" data-refreshed=\"false\" \r\n data-target = \"[{&quot;key&quot;:&quot;cat&quot;,&quot;values&quot;:[&quot;business-careers-money&quot;,&quot;personal-finance&quot;,&quot;investing&quot;,&quot;investment-vehicles&quot;,&quot;stocks&quot;]},{&quot;key&quot;:&quot;isbn&quot;,&quot;values&quot;:[&quot;9781394227563&quot;]}]\" id=\"du-slot-65d7e04910122\"></div></div>","rightAd":"<div class=\"du-ad-region row\" id=\"article_page_right_ad\"><div class=\"du-ad-unit col-md-12\" data-slot-id=\"article_page_right_ad\" data-refreshed=\"false\" \r\n data-target = \"[{&quot;key&quot;:&quot;cat&quot;,&quot;values&quot;:[&quot;business-careers-money&quot;,&quot;personal-finance&quot;,&quot;investing&quot;,&quot;investment-vehicles&quot;,&quot;stocks&quot;]},{&quot;key&quot;:&quot;isbn&quot;,&quot;values&quot;:[&quot;9781394227563&quot;]}]\" id=\"du-slot-65d7e04910c17\"></div></div>"},"articleType":{"articleType":"Cheat Sheet","articleList":[{"articleId":158540,"title":"Equipment for a Day Trader's Office","slug":"equipment-for-a-day-traders-office","categoryList":["business-careers-money","personal-finance","investing","day-trading"],"_links":{"self":"//dummies-api.coursofppt.com/v2/articles/158540"}},{"articleId":158541,"title":"Day-Trading Lingo to Know","slug":"day-trading-lingo-to-know","categoryList":["business-careers-money","personal-finance","investing","day-trading"],"_links":{"self":"//dummies-api.coursofppt.com/v2/articles/158541"}},{"articleId":158539,"title":"Trading with Technical Analysis Indicators","slug":"trading-with-technical-analysis-indicators","categoryList":[],"_links":{"self":"//dummies-api.coursofppt.com/v2/articles/158539"}},{"articleId":158542,"title":"Calculating Your Day Trading Performance","slug":"calculating-your-day-trading-performance","categoryList":[],"_links":{"self":"//dummies-api.coursofppt.com/v2/articles/158542"}}],"content":[{"title":"Equipment for a day trader's office","thumb":null,"image":null,"content":"<p>If you want to work as a day trader from a home office, the right equipment will let you act quickly when you need to trade and help you stay organized. Here&#8217;s the basic setup you&#8217;ll need:</p>\n<ul class=\"level-one\">\n<li>\n<p class=\"Bullet\"><b>A laptop and a few good monitors:</b> Most personal computers sold nowadays have the processing power to handle day trading. Because you’ll be spending a lot of time in front of it, do yourself a favor and get at least one large flat-screen monitor so that you can have at least two windows open at once. Two is probably better.</p>\n</li>\n<li>\n<p class=\"first-para\"><strong>A mobile backup:</strong> Computers are fickle. No matter which brand you buy, you’re subject to different mechanical or software glitches that can shut you down. Keep your broker’s app on your phone so that you can switch over quickly if needed.</p>\n</li>\n<li>\n<p class=\"first-para\"><strong>An online brokerage account:</strong> Several brokerage firms specialize in the needs of high-volume traders. They offer online access, real-time quotes, backtesting and other analytical services, and low commission to those who make many trades.</p>\n</li>\n<li>\n<p class=\"first-para\"><b>Spreadsheet software:</b> Still haven&#8217;t figured out Microsoft Excel? It&#8217;s time. Spreadsheets will help you track performance and analyze returns. (Excel 2013 For Dummies, by Greg Harvey [Wiley] can help you figure it out.)</p>\n</li>\n<li>\n<p class=\"first-para\"><b>An online brokerage account: </b>Several brokerage firms specialize in the needs of high-volume traders. They offer online access, real-time quotes, backtesting and other analytical services, and low commission to those who make many trades.</p>\n</li>\n</ul>\n"},{"title":"Day-trading lingo to know","thumb":null,"image":null,"content":"<p>Every business has its own special language, and day trading is no different. Here are a few terms you may come across:</p>\n<ul class=\"level-one\">\n<li>\n<p class=\"first-para\"><b>Fibonacci series:</b> The Fibonacci series is a list of numbers, each of which is the sum of the two numbers before it. It stretches into infinity but starts like this: 0, 1, 1, 2, 3, 5, 8, 13. Proportions based on the Fibonacci series show up throughout nature, and many believe that they indicate profitable trading opportunities.</p>\n</li>\n<li>\n<p class=\"first-para\"><b>Kelly criterion:</b> Want to trade with a guarantee of success? It&#8217;s mathematically possible using the Kelly criterion. In its simplest version, the percentage of your account that you trade is equal to the probability of the trade going up minus the probability of it going down. If your testing shows you that a strategy works 60 percent of the time and fails 40 percent of the time, then each time you trade with it, you would trade 20 percent of your funds: 0.60 – 0.40.</p>\n</li>\n<li>\n<p class=\"first-para\"><b>Pattern day trader:</b> Regulations define this as someone with at least $25,000 on account, who executes four or more day trades within five business days, with those trades representing more than six percent of the customer&#8217;s total trades. This is important for how the brokerage firm handles margin activity.</p>\n</li>\n<li>\n<p class=\"first-para\"><b>Wash-sale rule:</b> The wash-sale rule is a tax trap that catches many day traders. It says that if you sell a security at a loss, you can&#8217;t deduct the loss if you buy the same security 30 days before or after the sale. Day traders might buy and sell the same security several times in one day. There are ways around the wash-sale rule, but they require some planning and careful recordkeeping.</p>\n</li>\n</ul>\n"},{"title":"Trading with technical analysis indicators","thumb":null,"image":null,"content":"<p>Using technical analysis, day traders often look for patterns in recent prices and trading volume to determine whether a security is likely to do especially well or especially poorly. Here are brief definitions of some technical indicators you&#8217;re likely to come across:</p>\n<ul class=\"level-one\">\n<li>\n<p class=\"first-para\"><b>Average true range:</b> The true range is found by calculating the exponential average of the difference between the higher of today&#8217;s high and yesterday&#8217;s close and the lower of today&#8217;s low and yesterday&#8217;s close. Average these for 14 days, and you get the average true range. Usually, you sell a security trading at or above the high and buy one trading at or above the low.</p>\n</li>\n<li>\n<p class=\"first-para\"><b>Bollinger Bands:</b> A Bollinger Band is a trading limit set at two standard deviations above and below the 20-day moving average of a security. Traders look to sell near the top of the band and buy near the bottom.</p>\n</li>\n<li>\n<p class=\"first-para\"><b>Commodity Channel Index (CCI):</b> This technique is used to identify seasonal turns in agricultural commodities and other securities that have different supply and demand levels during the course of the year. When a security goes above the CCI, it&#8217;s probably time to sell.</p>\n</li>\n<li>\n<p class=\"first-para\"><b>Momentum:</b> Traders looking for momentum buy securities that are going up in price if the volume traded is also going up, and they sell securities that are going down in price if the volume traded is going down.</p>\n</li>\n<li>\n<p class=\"first-para\"><b>Relative Strength Index (RSI):</b> The Relative Strength Index is the average of the number of upward price movements in a period divided by the average of the number of downward price movements. The higher the RSI, the more interested people are in buying rather than selling.</p>\n</li>\n</ul>\n"},{"title":"Calculating your day trading performance","thumb":null,"image":null,"content":"<p>The goal of day trading is to make money, but when the trades are coming fast and furious, figuring out how you&#8217;re doing can be hard. Here are a couple simple ideas that let you gauge your performance as a day trader:</p>\n<ul class=\"level-one\">\n<li>\n<p class=\"first-para\"><b>Batting average:</b> What&#8217;s the number of winning trades relative to the total number of trades you make? This number gives you a rough idea of how often you&#8217;re making money, although it doesn&#8217;t tell you how much money you&#8217;re making. If at least half of your trades are winners, you&#8217;re on the right track.</p>\n</li>\n<li>\n<p class=\"first-para\"><b>Modified Dietz method:</b> This is a quick way to gauge your performance when you have been adding money to your account or taking it out. What it loses in accuracy, it makes up for in simplicity. Here&#8217;s the equation for the Modified Dietz method:</p>\n<p><img loading=\"lazy\" src=\"//coursofppt.com/wp-content/uploads/407187.image0.png\" alt=\"image0.png\" width=\"248\" height=\"40\" /></p>\n<p class=\"child-para\"><i>EOY</i> represents the end of year asset value<i> </i>and <i>BOY</i> represents the beginning of year value.</p>\n</li>\n</ul>\n"}],"videoInfo":{"videoId":null,"name":null,"accountId":null,"playerId":null,"thumbnailUrl":null,"description":null,"uploadDate":null}},"sponsorship":{"sponsorshipPage":false,"backgroundImage":{"src":null,"width":0,"height":0},"brandingLine":"","brandingLink":"","brandingLogo":{"src":null,"width":0,"height":0},"sponsorAd":"","sponsorEbookTitle":"","sponsorEbookLink":"","sponsorEbookImage":{"src":null,"width":0,"height":0}},"primaryLearningPath":"Explore","lifeExpectancy":"Five years","lifeExpectancySetFrom":"2025-02-22T00:00:00+00:00","dummiesForKids":"no","sponsoredContent":"no","adInfo":"","adPairKey":[]},"status":"publish","visibility":"public","articleId":207779},{"headers":{"creationTime":"2025-02-22T20:03:14+00:00","modifiedTime":"2025-02-22T21:42:22+00:00","timestamp":"2025-02-23T00:01:12+00:00"},"data":{"breadcrumbs":[{"name":"Business, Careers, & Money","_links":{"self":"//dummies-api.coursofppt.com/v2/categories/34224"},"slug":"business-careers-money","categoryId":34224},{"name":"Personal Finance","_links":{"self":"//dummies-api.coursofppt.com/v2/categories/34273"},"slug":"personal-finance","categoryId":34273},{"name":"Investing","_links":{"self":"//dummies-api.coursofppt.com/v2/categories/34288"},"slug":"investing","categoryId":34288},{"name":"Investment Vehicles","_links":{"self":"//dummies-api.coursofppt.com/v2/categories/34290"},"slug":"investment-vehicles","categoryId":34290},{"name":"Funds","_links":{"self":"//dummies-api.coursofppt.com/v2/categories/34296"},"slug":"funds","categoryId":34296}],"title":"Mutual Fund Investing For Canadians For Dummies Cheat Sheet","strippedTitle":"mutual fund investing for canadians for dummies cheat sheet","slug":"mutual-fund-investing-for-canadians-for-dummies-cheat-sheet","canonicalUrl":"","检指数擎提升":{"metaDescription":"Learn the do's and don'ts of mutual fund investing in Canada with our cheat sheet. Choose the right funds to grow your wealth and achieve your financial goals.","noIndex":0,"noFollow":0},"content":"Mutual funds have been around for decades and despite other types of investments finding their way into investor portfolios, these securities are still king in Canada. Despite their still sky-high fees, mutual funds offer investors an easy way to buy into a diversified basket of stocks and bonds, which is really all you need for growing your wealth. Here are a few key points to keep in mind when considering these investments.","description":"Mutual funds have been around for decades and despite other types of investments finding their way into investor portfolios, these securities are still king in Canada. Despite their still sky-high fees, mutual funds offer investors an easy way to buy into a diversified basket of stocks and bonds, which is really all you need for growing your wealth. Here are a few key points to keep in mind when considering these investments.","blurb":"","authors":[{"authorId":34416,"name":"Bryan Borzykowski","slug":"bryan-borzykowski","description":" <p><b>Bryan Borzykowski,</b> founder and director of ALLCAPS Content, is an award-winning business journalist specialising in investing, personal finance, and small businesses. Bryan is the author of <i>ETFs For Canadians For Dummies</i> and <i>Day Trading For Canadians For Dummies</i>. <b>Andrew Bell</b> is a host on the Business News Network. He previously worked as an investment reporter and editor with <i>The Globe and Mail. </i> ","hasArticle":false,"_links":{"self":"//dummies-api.coursofppt.com/v2/authors/34416"}},{"authorId":34408,"name":"Andrew Bell","slug":"andrew-bell","description":" <p><b>Bryan Borzykowski,</b> founder and director of ALLCAPS Content, is an award-winning business journalist specialising in investing, personal finance, and small businesses. Bryan is the author of <i>ETFs For Canadians For Dummies</i> and <i>Day Trading For Canadians For Dummies</i>. <b>Andrew Bell</b> is a host on the Business News Network. He previously worked as an investment reporter and editor with <i>The Globe and Mail. </i> ","hasArticle":false,"_links":{"self":"//dummies-api.coursofppt.com/v2/authors/34408"}}],"primaryCategoryTaxonomy":{"categoryId":34296,"title":"Funds","slug":"funds","_links":{"self":"//dummies-api.coursofppt.com/v2/categories/34296"}},"secondaryCategoryTaxonomy":{"categoryId":0,"title":null,"slug":null,"_links":null},"tertiaryCategoryTaxonomy":{"categoryId":0,"title":null,"slug":null,"_links":null},"trendingArticles":null,"inThisArticle":[],"relatedArticles":{"fromBook":[],"fromCategory":[{"articleId":296619,"title":"Hedge Funds For Dummies Cheat Sheet","slug":"hedge-funds-for-dummies-cheat-sheet","categoryList":["business-careers-money","personal-finance","investing","investment-vehicles","funds"],"_links":{"self":"//dummies-api.coursofppt.com/v2/articles/296619"}},{"articleId":209064,"title":"Mutual Funds For Dummies Cheat Sheet","slug":"mutual-funds-for-dummies-cheat-sheet","categoryList":["business-careers-money","personal-finance","investing","investment-vehicles","funds"],"_links":{"self":"//dummies-api.coursofppt.com/v2/articles/209064"}},{"articleId":208448,"title":"Exchange-Traded Funds For Dummies Cheat Sheet","slug":"exchange-traded-funds-for-dummies-cheat-sheet","categoryList":["business-careers-money","personal-finance","investing","investment-vehicles","funds"],"_links":{"self":"//dummies-api.coursofppt.com/v2/articles/208448"}},{"articleId":199934,"title":"Introducing Basic Types of Hedge Funds","slug":"introducing-basic-types-of-hedge-funds","categoryList":["business-careers-money","personal-finance","investing","investment-vehicles","funds"],"_links":{"self":"//dummies-api.coursofppt.com/v2/articles/199934"}},{"articleId":198378,"title":"Hedge Fund Fees to Expect with Your Investment","slug":"hedge-fund-fees-to-expect-with-your-investment","categoryList":["business-careers-money","personal-finance","investing","investment-vehicles","funds"],"_links":{"self":"//dummies-api.coursofppt.com/v2/articles/198378"}}]},"hasRelatedBookFromSearch":false,"relatedBook":{"bookId":301539,"slug":"mutual-fund-investing-for-canadians-for-dummies","isbn":"9781394219766","categoryList":["business-careers-money","personal-finance","investing","investment-vehicles","funds"],"amazon":{"default":"//www.amazon.com/gp/product/1394219768/ref=as_li_tl?ie=UTF8&tag=wiley01-20","ca":"//www.amazon.ca/gp/product/1394219768/ref=as_li_tl?ie=UTF8&tag=wiley01-20","indigo_ca":"//www.tkqlhce.com/click-9208661-13710633?url=//www.chapters.indigo.ca/en-ca/books/product/1394219768-item.html&cjsku=978111945484","gb":"//www.amazon.co.uk/gp/product/1394219768/ref=as_li_tl?ie=UTF8&tag=wiley01-20","de":"//www.amazon.de/gp/product/1394219768/ref=as_li_tl?ie=UTF8&tag=wiley01-20"},"image":{"src":"//coursofppt.com/wp-content/uploads/mutual-fund-investing-for-canadians-for-dummies-2e-cover-9781394219766-203x255.jpg","width":203,"height":255},"title":"Mutual Fund Investing For Canadians For Dummies","testBankPinActivationLink":"","bookOutOfPrint":true,"authorsInfo":"<p><p><b><b data-author-id=\"34416\">Bryan Borzykowski</b>,</b> founder and director of ALLCAPS Content, is an award-winning business journalist specialising in investing, personal finance, and small businesses. Bryan is the author of <i>ETFs For Canadians For Dummies</i> and <i>Day Trading For Canadians For Dummies</i>. <b>Andrew Bell</b> is a host on the Business News Network. He previously worked as an investment reporter and editor with <i>The Globe and Mail. </i> <p><b>Bryan Borzykowski,</b> founder and director of ALLCAPS Content, is an award-winning business journalist specialising in investing, personal finance, and small businesses. Bryan is the author of <i>ETFs For Canadians For Dummies</i> and <i>Day Trading For Canadians For Dummies</i>. <b><b data-author-id=\"34408\">Andrew Bell</b></b> is a host on the Business News Network. He previously worked as an investment reporter and editor with <i>The Globe and Mail. </i></p>","authors":[{"authorId":34416,"name":"Bryan Borzykowski","slug":"bryan-borzykowski","description":" <p><b>Bryan Borzykowski,</b> founder and director of ALLCAPS Content, is an award-winning business journalist specialising in investing, personal finance, and small businesses. Bryan is the author of <i>ETFs For Canadians For Dummies</i> and <i>Day Trading For Canadians For Dummies</i>. <b>Andrew Bell</b> is a host on the Business News Network. He previously worked as an investment reporter and editor with <i>The Globe and Mail. </i> ","hasArticle":false,"_links":{"self":"//dummies-api.coursofppt.com/v2/authors/34416"}},{"authorId":34408,"name":"Andrew Bell","slug":"andrew-bell","description":" <p><b>Bryan Borzykowski,</b> founder and director of ALLCAPS Content, is an award-winning business journalist specialising in investing, personal finance, and small businesses. Bryan is the author of <i>ETFs For Canadians For Dummies</i> and <i>Day Trading For Canadians For Dummies</i>. <b>Andrew Bell</b> is a host on the Business News Network. He previously worked as an investment reporter and editor with <i>The Globe and Mail. </i> ","hasArticle":false,"_links":{"self":"//dummies-api.coursofppt.com/v2/authors/34408"}}],"_links":{"self":"//dummies-api.coursofppt.com/v2/books/"}},"collections":[],"articleAds":{"footerAd":"<div class=\"du-ad-region row\" id=\"article_page_adhesion_ad\"><div class=\"du-ad-unit col-md-12\" data-slot-id=\"article_page_adhesion_ad\" data-refreshed=\"false\" \r\n data-target = \"[{&quot;key&quot;:&quot;cat&quot;,&quot;values&quot;:[&quot;business-careers-money&quot;,&quot;personal-finance&quot;,&quot;investing&quot;,&quot;investment-vehicles&quot;,&quot;funds&quot;]},{&quot;key&quot;:&quot;isbn&quot;,&quot;values&quot;:[&quot;9781394219766&quot;]}]\" id=\"du-slot-65d7e0488ce1f\"></div></div>","rightAd":"<div class=\"du-ad-region row\" id=\"article_page_right_ad\"><div class=\"du-ad-unit col-md-12\" data-slot-id=\"article_page_right_ad\" data-refreshed=\"false\" \r\n data-target = \"[{&quot;key&quot;:&quot;cat&quot;,&quot;values&quot;:[&quot;business-careers-money&quot;,&quot;personal-finance&quot;,&quot;investing&quot;,&quot;investment-vehicles&quot;,&quot;funds&quot;]},{&quot;key&quot;:&quot;isbn&quot;,&quot;values&quot;:[&quot;9781394219766&quot;]}]\" id=\"du-slot-65d7e0488d851\"></div></div>"},"articleType":{"articleType":"Cheat Sheet","articleList":[{"articleId":0,"title":"","slug":null,"categoryList":[],"_links":{"self":"//dummies-api.coursofppt.com/v2/articles/"}}],"content":[{"title":"Mutual Fund Basics","thumb":null,"image":null,"content":"<p>Mutual funds are the investing equivalent of a shopping cart full of fruit: you’ve got your apples — both red and green — watermelon, oranges, honey dew, and maybe some papaya. You may even have a few exotic fruits from another country that somehow made their way into your local Superstore or Metro. Now, in this analogy, you really got to love fruit. If you do and then dig in, you have a pretty delicious snack. It doesn’t matter if two of those fruits are rotten — you still have enough good stuff to eat.</p>\n<p>With mutual funds, you’re not owning a variety of fruits, but rather you’re holding a bunch of different stocks and bonds — companies headquartered in Canada, the U.S., Europe, and a few places in Asia. You have businesses in the tech sector, but also in energy, financials, healthcare, and more. If a few of those companies end up giving you a bad taste in your mouth, the others should still produce tasty returns.</p>\n<p>People love mutual funds, because, on the surface, they’re super easy to understand — every fund holds a bunch of investments, usually chosen by a professional stock picker, named a <em>fund manager.</em> When the stocks in the fund do well, you do well and vice versa.</p>\n<p>Now, funds aren’t quite as simple as a basket of fruit. Many funds come with high fees that can eat into your overall returns. The way they’re sold and how the person who sells you those funds are compensated can be extremely confusing. And plenty of options sound interesting but should be nowhere near the average investor’s portfolio.</p>\n<p>At the same time, those professional managers often have trouble generating returns above standard benchmarks. That’s why index funds and exchange-traded funds – mutual fund-like securities that simply hold all the same stocks in an index, such as the S&amp;P 500 or S&amp;P/TSX Composite Index — have become so popular over the years.</p>\n<p>Mutual funds are by no means perfect, but they’re still wildly popular in Canada, and ultimately, give investors all they need to grow their wealth.</p>\n"},{"title":"Mutual Fund Investing Do’s and Don’ts","thumb":null,"image":null,"content":"<p>Do:</p>\n<ul>\n<li><strong>Invest now. </strong>You’re not going to win the lottery.</li>\n<li><strong>Buy a bond fund.</strong> Over the last decade, you did well by simply owning equity. But stocks can be volatile beasts, as we are reminded in recent years. Holding bonds as well as stocks in your portfolio provides the diversification needed to smooth out your long-term investment ride.</li>\n<li><strong>Own index funds.</strong> Even better, own exchange traded funds that mindlessly track the Canadian, U.S., and international stock markets, plus a couple of regular Canadian and global equity funds. That way, if some of your funds go into a slump, you’ll probably still have some winners.</li>\n<li><strong>Get your money into a registered retirement savings plan (RRSP) or tax-free savings account (TFSA) as soon as possible. </strong>And then leave it there. (Which one you choose to use depends on your savings’ objectives and how much you have to invest.)</li>\n<li><strong>Ask to see a sample account statement when buying a fund.</strong> If you can’t understand it, or if they don’t have one to show you, then shop elsewhere. If you can’t tell how much your funds are earning for you, how do you know if they’re doing their job?</li>\n<li><strong>Look for funds with low and easy-to-understand annual expenses, top-quality holdings, and a broad mix of investments.</strong></li>\n</ul>\n<p>Don’t:</p>\n<ul>\n<li><strong>Invest in a hot opportunity you heard about.</strong> If you already heard about a hot investment opportunity, it’s too late.</li>\n<li><strong>Invest in commodities you don’t understand. </strong>Pretty well everything that’s worth investing in is also easy to explain and understand. That’s why tech stocks have been such a great way to lose money in the past.</li>\n<li><strong>Buy funds purely because of a star manager.</strong> Star fund managers almost invariably go into a slump and either drop back into the pack or even become underperformers.</li>\n<li><strong>Buy complicated funds.</strong> The more bells and whistles attached to the fund, or the fancier the concept, the higher the expenses — and that reduces your return.</li>\n</ul>\n"},{"title":"Types of Mutual Funds Defined","thumb":null,"image":null,"content":"<p>There are many many (and many) different types of mutual funds. What you choose will depend on your financial goals, risk tolerance levels and more. Here are the key kinds of funds you’ll want to consider adding to your portfolio.</p>\n<p><strong>Balanced funds:</strong> These funds have a little bit of everything — but in particular, a mix of stocks and bonds in one place — for bone-lazy mutual fund customers. Just dump your money in and let someone else worry about how to invest it but beware of high costs and returns that can be hard to judge.</p>\n<p><strong>Fixed-income funds:</strong> An essential ingredient in just about anyone’s fund arsenal, these funds usually hold longer-term government and corporate bonds. You earn plenty of interest and a steady return.</p>\n<p><strong>Dividend funds:</strong> A collection of high-quality conservative shares that produce a stream of lighter taxed payments, ideal for investors who want to get regular income from their funds.</p>\n<p><strong>Equity funds: </strong>These funds give you a tiny stake — in the form of stocks and shares — in lots of companies. They’re available in a vast array of flavours, from sensible to downright silly.</p>\n<p><strong>Fund packages:</strong> Nourishing stews of funds (if a little dull) with impressive-sounding names and, often, complicated rules. Typically referred to as wraps or managed portfolios, they are a useful solution if you want to just buy a grab-bag of investments and forget about them. But, as ever, watch out for those sneaky annual fees.</p>\n<p><strong>Index and exchange-traded funds:</strong> The elegant kings and queens of funds — and something that every investor should own. These beauties simply give you a return that’s in line with the entire stock and bond market by holding just about every share and bond that matters. No muss, no fuss, and nice low annual expenses for you, especially when it comes to ETFs. They’ll never top any performance leagues, but they won’t crash and burn in a plume of black acrid oily smoke, either. (Well, unless the entire market goes bust.)</p>\n<p><strong>Money market funds: </strong>Almost as dull as that hilarious story you tell about your cute kid. Buy one of these and you’re lending money for short periods to the government or to big companies. Park your money in one and watch it grow slowly. Your savings aren’t at risk — as long as a giant meteor doesn’t land on our nation’s capital.</p>\n<p><strong>Segregated funds:</strong> Mutual funds with belt, braces, and a parachute strapped on. This gang guarantees to at least refund your investment if you hang onto the fund for years — or to pay the cash to your heirs if your die. Sounds like a great deal but watch out for high annual fees and complicated rules.</p>\n"}],"videoInfo":{"videoId":null,"name":null,"accountId":null,"playerId":null,"thumbnailUrl":null,"description":null,"uploadDate":null}},"sponsorship":{"sponsorshipPage":false,"backgroundImage":{"src":null,"width":0,"height":0},"brandingLine":"","brandingLink":"","brandingLogo":{"src":null,"width":0,"height":0},"sponsorAd":"","sponsorEbookTitle":"","sponsorEbookLink":"","sponsorEbookImage":{"src":null,"width":0,"height":0}},"primaryLearningPath":"Advance","lifeExpectancy":"Two years","lifeExpectancySetFrom":"2025-02-22T00:00:00+00:00","dummiesForKids":"no","sponsoredContent":"no","adInfo":"","adPairKey":[]},"status":"publish","visibility":"public","articleId":301598},{"headers":{"creationTime":"2022-11-08T14:51:24+00:00","modifiedTime":"2024-11-21T21:40:50+00:00","timestamp":"2024-11-22T00:01:10+00:00"},"data":{"breadcrumbs":[{"name":"Business, Careers, & Money","_links":{"self":"//dummies-api.coursofppt.com/v2/categories/34224"},"slug":"business-careers-money","categoryId":34224},{"name":"Personal Finance","_links":{"self":"//dummies-api.coursofppt.com/v2/categories/34273"},"slug":"personal-finance","categoryId":34273},{"name":"Taxes","_links":{"self":"//dummies-api.coursofppt.com/v2/categories/34310"},"slug":"taxes","categoryId":34310}],"title":"Taxes For Dummies: 2024 Edition Cheat Sheet","strippedTitle":"taxes for dummies: 2024 edition cheat sheet","slug":"taxes-2022-for-dummies-cheat-sheet","canonicalUrl":"","检指数擎提升":{"metaDescription":"Keep this handy guide by your side during tax season. 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He is the best-selling author of <i>For Dummies</i> guides on personal finance, investing, home buying, and real estate.</p> <p><b><b data-author-id=\"34988\">Margaret Atkins Munro</b></b> is an Enrolled Agent with decades of practical experience as CEO of TaxPanacea Associates LLC. She has published extensively on tax and tax-related issues, including <i>529 & Other College Savings Plans For Dummies</i> and <i>Taxes For Dummies</i>.</p>","authors":[{"authorId":8975,"name":"Eric Tyson","slug":"eric-tyson","description":" <p><b>Eric Tyson</B> is the best-selling author of <i>Personal Finance For Dummies, Investing For Dummies,</i> and co-author of <i>Real Estate Investing For Dummies </i>and <i>Taxes For Dummies.</i> Tyson is a nationally recognized personal finance counselor, writer, and lecturer.</p> ","hasArticle":false,"_links":{"self":"//dummies-api.coursofppt.com/v2/authors/8975"}},{"authorId":34988,"name":"Margaret Atkins Munro","slug":"margaret-atkins-munro","description":" <p><b>Eric Tyson, MBA,</b> is a critically acclaimed personal finance writer, counselor, and speaker. He is the best-selling author of <i>For Dummies</i> guides on personal finance, investing, home buying, and real estate.</p> <p><b>Margaret Atkins Munro</b> is an Enrolled Agent with decades of practical experience as CEO of TaxPanacea Associates LLC. She has published extensively on tax and tax-related issues, including <i>529 & Other College Savings Plans For Dummies</i> and <i>Taxes For Dummies</i>. ","hasArticle":false,"_links":{"self":"//dummies-api.coursofppt.com/v2/authors/34988"}}],"_links":{"self":"//dummies-api.coursofppt.com/v2/books/"}},"collections":[],"articleAds":{"footerAd":"<div class=\"du-ad-region row\" id=\"article_page_adhesion_ad\"><div class=\"du-ad-unit col-md-12\" data-slot-id=\"article_page_adhesion_ad\" data-refreshed=\"false\" \r\n data-target = \"[{&quot;key&quot;:&quot;cat&quot;,&quot;values&quot;:[&quot;business-careers-money&quot;,&quot;personal-finance&quot;,&quot;taxes&quot;]},{&quot;key&quot;:&quot;isbn&quot;,&quot;values&quot;:[&quot;9781394226450&quot;]}]\" id=\"du-slot-655d44c710333\"></div></div>","rightAd":"<div class=\"du-ad-region row\" id=\"article_page_right_ad\"><div class=\"du-ad-unit col-md-12\" data-slot-id=\"article_page_right_ad\" data-refreshed=\"false\" \r\n data-target = \"[{&quot;key&quot;:&quot;cat&quot;,&quot;values&quot;:[&quot;business-careers-money&quot;,&quot;personal-finance&quot;,&quot;taxes&quot;]},{&quot;key&quot;:&quot;isbn&quot;,&quot;values&quot;:[&quot;9781394226450&quot;]}]\" id=\"du-slot-655d44c710c57\"></div></div>"},"articleType":{"articleType":"Cheat Sheet","articleList":[{"articleId":0,"title":"","slug":null,"categoryList":[],"_links":{"self":"//dummies-api.coursofppt.com/v2/articles/"}}],"content":[{"title":"Important IRS information","thumb":null,"image":null,"content":"<p><strong>IRS Tax Forms and Publications.</strong> Only the most commonly used forms come with your annual IRS 1040 booklet. For anything more obscure (and with the IRS, that covers a lot of ground) visit the IRS website at <a href=\"//www.irs.gov/\" target=\"_blank\" rel=\"noopener\">www.irs.gov</a> or call 800-829-3676. Many of these internet forms are available in a (secure) fill-in format. If you’re in a pinch for time, hate using computers and printers, and can’t wait for a form by mail, you can often obtain forms at your local library, bank, and state and local government offices.</p>\n<p><strong>Automated refund information.</strong> Before you call the TeleTax number or click on the “Get Your Refund Status” link on the IRS website homepage (www.irs.gov) to check on your refund, have a copy of your tax return handy. In order to get refund information, you need to know the first Social Security number shown on your return, your filing status, and the exact whole-dollar amount of your refund.</p>\n<p><strong>Toll-free tax help.</strong> The IRS prefers that you contact a local IRS office to rap about your tax questions, but help is also available at 800-829-1040. Remember to have the necessary information at your fingertips to help you get to the root of your question or problem. Be sure to obtain the person’s name and record the date (as well as the time of the call) just in case.</p>\n<p><strong>IRS Problem Resolution Program.</strong> Any problems you have that can’t be resolved through normal channels may qualify for the IRS Problem Resolution Program. Begin this journey by calling 800-829-1040. Explain your problem to a specially trained representative who will try to fix it. If the representative can’t fix it, they will evaluate your case to see whether it meets the necessary criteria for the Problem Resolution Program. The IRS representative will then assign you to a caseworker at your local district service center. This process may take some time on the phone (keep notes to document your calls), but it’s generally better than corresponding by mail.</p>\n"},{"title":"Last-minute tax tips","thumb":null,"image":null,"content":"<p><strong>Double-check your return for mistakes that can cost you money, time, and audits. </strong>Put your name and Social Security number on every page, check the arithmetic, attach W-2s and any 1099s where federal tax was withheld, and sign and date the return. Verify items you’ve transferred over from last year’s return to this year’s return. If you’re filing electronically, you don’t need to send your W-2s and 1099s; instead, keep them with a copy of your return.</p>\n<p><strong>Scavenge for overlooked deductions and credits, especially if you’re self-employed. </strong>Peruse this book, which is filled with all sorts of legal ways to reduce your federal income tax bill with deductions and credits. Determine whether you can save money by electing the filing status of married filing separately or head of household.</p>\n<p><strong>Make sure the data is correct on the forms that you receive from financial institutions and your employer(s). </strong>These forms sometimes contain mistakes. Follow up promptly with the document’s issuer to get errors corrected.</p>\n<p><strong>File your extension (Form 4868), if necessary, to allow yourself enough time to fill in the forms correctly and ensure that you take all the deductions to which you’re legally entitled. </strong>Don’t make the mistake of waiting until you have the money to pay before filing. The penalty for doing so can be as much as 25 percent of the tax that you still owe. Ouch!</p>\n<p><strong>Keep copies of everything that you file with the IRS and your state and obtain a mailing receipt if you file at the last minute and a lot of money (or a big issue) is at stake. </strong>You’ll need documentation if you ever get audited. You may need copies of your return for other purposes, and the data on your tax returns can provide valuable insights.</p>\n"},{"title":"Time-tested strategies for tax-wise living","thumb":null,"image":null,"content":"<p><strong>Use tax laws to reduce your taxes.</strong> If you educate yourself about the tax laws and incentives, you can dramatically and permanently reduce the taxes that you pay over your lifetime. Now, more than ever, with the recent major tax law changes, it pays to understand tax-reduction strategies.</p>\n<p><strong>Use retirement accounts as a simple but powerful way to reduce your</strong> <strong>income taxes.</strong> The newer tax laws dramatically increased the amount you can contribute to these accounts. Lower-income earners also can get free government matching money from contributions.</p>\n<p><strong>Take control of your taxes.</strong> Find out enough about the tax laws so you can prepare your own return (perhaps by using software) or intelligently hire a good tax preparer. Don’t forget to review your return when someone else prepares it.</p>\n<p><strong>Try preparing your own return.</strong> If your situation hasn’t changed since last year, you’re probably wasting your hard-earned dollars paying a tax preparer to plug your new numbers into this year’s return. Unless your finances are complicated or the tax laws have dramatically changed in an area that affects you, try preparing your own return. If you get stuck or want another opinion, you can always go to a preparer at that point or try using tax software.</p>\n<p><strong>Get, and stay, organized.</strong> Try keeping your tax and financial documents organized year-round. This practice saves many hours not only when you prepare your tax return but also when you make important financial decisions.</p>\n<p><strong>Remember that the IRS isn’t always right.</strong> Whether providing advice over the phone or challenging taxpayers’ returns, the IRS makes mistakes, so don’t panic if you get a notice from Uncle Sam. If you haven’t knowingly cheated or defrauded the IRS, you have little to fear from audit notices or other IRS letters. Calmly organize your supporting documents to prove your case.</p>\n<p><strong>Learn from your return.</strong> After you’ve gone to all the time and trouble of preparing your tax return, don’t let that effort go to waste. Use the information to identify areas for better financial management in the coming year.</p>\n<p><strong>The more you consume, the more you pay in taxes.</strong> As you earn and spend your income, you not only must pay income tax on your earnings, but you also incur sales tax and other taxes on your purchases. Moreover, many of the best tax breaks available for people at all income levels are accessible only if you’re able to save money to invest.</p>\n<p><strong>Invest tax-wisely.</strong> Don’t overlook tax implications when investing your money. Remember, it isn’t what you make, it’s what you get to keep that matters.</p>\n<p><strong>Don’t buy real estate only for tax purposes.</strong> Owning your own home and other real estate can be an investment that helps reduce your taxes. But don’t purchase real estate just because of the tax benefits — these benefits are already reflected in the price that you pay for a property.</p>\n<p><strong>Know when estate planning matters.</strong> Use the tax laws to your advantage so that your heirs and others get more of your money. Read up on this issue so that you know when and what you need to do to arrange your financial affairs.</p>\n<p><strong>Keep taxes in perspective.</strong> Life has so much more to offer than just working and making money. If you do such a good job reducing your taxes that you gain great wealth, don’t forget to enjoy it and share it with others.</p>\n"}],"videoInfo":{"videoId":null,"name":null,"accountId":null,"playerId":null,"thumbnailUrl":null,"description":null,"uploadDate":null}},"sponsorship":{"sponsorshipPage":false,"backgroundImage":{"src":null,"width":0,"height":0},"brandingLine":"","brandingLink":"","brandingLogo":{"src":null,"width":0,"height":0},"sponsorAd":"","sponsorEbookTitle":"","sponsorEbookLink":"","sponsorEbookImage":{"src":null,"width":0,"height":0}},"primaryLearningPath":"Solve","lifeExpectancy":"One year","lifeExpectancySetFrom":"2024-11-21T00:00:00+00:00","dummiesForKids":"no","sponsoredContent":"no","adInfo":"","adPairKey":[]},"status":"publish","visibility":"public","articleId":289353},{"headers":{"creationTime":"2024-11-21T20:57:06+00:00","modifiedTime":"2024-11-21T20:57:06+00:00","timestamp":"2024-11-21T21:01:10+00:00"},"data":{"breadcrumbs":[{"name":"Business, Careers, & Money","_links":{"self":"//dummies-api.coursofppt.com/v2/categories/34224"},"slug":"business-careers-money","categoryId":34224},{"name":"Personal Finance","_links":{"self":"//dummies-api.coursofppt.com/v2/categories/34273"},"slug":"personal-finance","categoryId":34273},{"name":"Investing","_links":{"self":"//dummies-api.coursofppt.com/v2/categories/34288"},"slug":"investing","categoryId":34288},{"name":"Investment Vehicles","_links":{"self":"//dummies-api.coursofppt.com/v2/categories/34290"},"slug":"investment-vehicles","categoryId":34290},{"name":"Bonds","_links":{"self":"//dummies-api.coursofppt.com/v2/categories/34291"},"slug":"bonds","categoryId":34291}],"title":"Bond Investing For Canadians For Dummies Cheat Sheet","strippedTitle":"bond investing for canadians for dummies cheat sheet","slug":"bond-investing-for-canadians-for-dummies-cheat-sheet","canonicalUrl":"","检指数擎提升":{"metaDescription":"Learn how to read bond ratings and invest in bonds with confidence. 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Knowing the right questions to ask about a bond can save you money, and you can find answers to many of those questions on the Internet.","blurb":"","authors":[{"authorId":34409,"name":"Andrew Dagys","slug":"andrew-dagys","description":"<b>Andrew Dagys</b>, CMA, is a best-selling author who has written and coauthored several books, including <i>Stocking Investing For Canadians For Dummies</i> and <i>Investing Online For Canadians For Dummies</i>. He has appeared on Canada AM and several popular CBC broadcasts to offer his insights on the Canadian and world investment landscapes. Andrew has contributed columns to <i>CanadianLiving</i>, <i>Forever Young</i>, and other publications. 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He has appeared on Canada AM and several popular CBC broadcasts to offer his insights on the Canadian and world investment landscapes. Andrew has contributed columns to <i>CanadianLiving</i>, <i>Forever Young</i>, and other publications. He has appeared on Canada AM and several popular CBC broadcasts to offer his insights on the Canadian and world investment landscapes. <p><b><b data-author-id=\"9023\">Russell Wild</b></b> is a NAPFA certified financial advisor and principal of Global Portfolios, an investment advisory firm based in Allentown, PA that works with clients of both substantial and modest means. He has written two dozen books and numerous articles on financial matters.</p>","authors":[{"authorId":34409,"name":"Andrew Dagys","slug":"andrew-dagys","description":"<b>Andrew Dagys</b>, CMA, is a best-selling author who has written and coauthored several books, including <i>Stocking Investing For Canadians For Dummies</i> and <i>Investing Online For Canadians For Dummies</i>. He has appeared on Canada AM and several popular CBC broadcasts to offer his insights on the Canadian and world investment landscapes. Andrew has contributed columns to <i>CanadianLiving</i>, <i>Forever Young</i>, and other publications. He has appeared on Canada AM and several popular CBC broadcasts to offer his insights on the Canadian and world investment landscapes.","hasArticle":false,"_links":{"self":"//dummies-api.coursofppt.com/v2/authors/34409"}},{"authorId":9023,"name":"Russell Wild","slug":"russell-wild","description":" <p><b>Russell Wild</b> is a NAPFA certified financial advisor and principal of Global Portfolios, an investment advisory firm based in Allentown, PA that works with clients of both substantial and modest means. He has written two dozen books and numerous articles on financial matters. ","hasArticle":false,"_links":{"self":"//dummies-api.coursofppt.com/v2/authors/9023"}}],"_links":{"self":"//dummies-api.coursofppt.com/v2/books/"}},"collections":[],"articleAds":{"footerAd":"<div class=\"du-ad-region row\" id=\"article_page_adhesion_ad\"><div class=\"du-ad-unit col-md-12\" data-slot-id=\"article_page_adhesion_ad\" data-refreshed=\"false\" \r\n data-target = \"[{&quot;key&quot;:&quot;cat&quot;,&quot;values&quot;:[&quot;business-careers-money&quot;,&quot;personal-finance&quot;,&quot;investing&quot;,&quot;investment-vehicles&quot;,&quot;bonds&quot;]},{&quot;key&quot;:&quot;isbn&quot;,&quot;values&quot;:[&quot;9781394216253&quot;]}]\" id=\"du-slot-655d1a96536c6\"></div></div>","rightAd":"<div class=\"du-ad-region row\" id=\"article_page_right_ad\"><div class=\"du-ad-unit col-md-12\" data-slot-id=\"article_page_right_ad\" data-refreshed=\"false\" \r\n data-target = \"[{&quot;key&quot;:&quot;cat&quot;,&quot;values&quot;:[&quot;business-careers-money&quot;,&quot;personal-finance&quot;,&quot;investing&quot;,&quot;investment-vehicles&quot;,&quot;bonds&quot;]},{&quot;key&quot;:&quot;isbn&quot;,&quot;values&quot;:[&quot;9781394216253&quot;]}]\" id=\"du-slot-655d1a9653f2e\"></div></div>"},"articleType":{"articleType":"Cheat Sheet","articleList":[{"articleId":0,"title":"","slug":null,"categoryList":[],"_links":{"self":"//dummies-api.coursofppt.com/v2/articles/"}}],"content":[{"title":"How to read bond ratings","thumb":null,"image":null,"content":"<p>Before you buy a bond, get an idea of how much financial muscle the issuer has. Bond ratings are available through any brokerage house. Three of the most popular rating services are Moody’s, Standard &amp; Poor’s, and Fitch. Other rating services exist such as DBRS Morningstar and the smaller A.M. Best, the former having especially strong knowledge of Canadian bond issues. The following table shows the system each of the Big Three agencies uses to rate bonds.</p>\n<h3>Bond Credit Quality Ratings</h3>\n<table aria-rowcount=\"14\">\n<tbody>\n<tr aria-rowindex=\"2\">\n<td><strong>Credit risk ratings</strong></td>\n<td><strong>Moody’s</strong></td>\n<td><strong>Standard &amp; Poor’s</strong></td>\n<td><strong>Fitch</strong></td>\n</tr>\n<tr aria-rowindex=\"3\">\n<td><strong>Investment grade</strong></td>\n<td></td>\n<td></td>\n<td></td>\n</tr>\n<tr aria-rowindex=\"4\">\n<td>Tip-top quality</td>\n<td>Aaa</td>\n<td>AAA</td>\n<td>AAA</td>\n</tr>\n<tr aria-rowindex=\"5\">\n<td>Premium quality</td>\n<td>Aa</td>\n<td>AA</td>\n<td>AA</td>\n</tr>\n<tr aria-rowindex=\"6\">\n<td>Near-premium quality</td>\n<td>A</td>\n<td>A</td>\n<td>A</td>\n</tr>\n<tr aria-rowindex=\"7\">\n<td>Take-home-to-Mom quality</td>\n<td>Baa</td>\n<td>BBB</td>\n<td>BBB</td>\n</tr>\n<tr aria-rowindex=\"8\">\n<td><strong>Not investment grade</strong></td>\n<td></td>\n<td></td>\n<td></td>\n</tr>\n<tr aria-rowindex=\"9\">\n<td>Borderline ugly</td>\n<td>Ba</td>\n<td>BB</td>\n<td>BB</td>\n</tr>\n<tr aria-rowindex=\"10\">\n<td>Ugly</td>\n<td>B</td>\n<td>B</td>\n<td>B</td>\n</tr>\n<tr aria-rowindex=\"11\">\n<td>Definitely don’t-take-home-to-Mom quality</td>\n<td>Caa</td>\n<td>CCC</td>\n<td>CCC</td>\n</tr>\n<tr aria-rowindex=\"12\">\n<td>You’ll be extremely lucky to get your money back</td>\n<td>Ca</td>\n<td>CC</td>\n<td>CC</td>\n</tr>\n<tr aria-rowindex=\"13\">\n<td>Interest payments have halted or bankruptcy is in process</td>\n<td>C</td>\n<td>D</td>\n<td>C</td>\n</tr>\n<tr aria-rowindex=\"14\">\n<td>Already in default</td>\n<td>C</td>\n<td>D</td>\n<td>D</td>\n</tr>\n</tbody>\n</table>\n<p>Bond ratings are available through any brokerage house.</p>\n"},{"title":"Questions to ask a bond broker about a bond","thumb":null,"image":null,"content":"<p>As you enter the world of bond investing, you may choose to work with a broker. But use some caution. Ask the questions in the following list — and get acceptable answers — before parting with your cash.</p>\n<h3>Who is the bond issuer?</h3>\n<p>Is it the Bank of Canada? Ontario Hydro? City of Vancouver? The Russian Federation? Gus’s Hardware Store? A bond is an IOU, and an IOU is only as good as the entity that owes U. In addition, different kinds of bonds have different characteristics, such as taxability, callability, and volatility.</p>\n<h3>How is the bond rated?</h3>\n<p>Especially among Canadian and US corporate bonds (more likely to default than municipal, provincial, or agency bonds), you want to know whether the company issuing the bond is financially stable. Ratings are readily available through any brokerage house.</p>\n<h3>What is the maturity date?</h3>\n<p>Long-term bonds tend to pay higher rates of interest, but your money is tied for longer and the price of the bond, should you wish to sell it before maturity, tends to be more volatile.</p>\n<h3>What is the yield-to-maturity?</h3>\n<p>There are many ways of measuring a bond’s return. Yield-to-maturity is perhaps the most important measure. (Bond funds, which have no maturity, can be more difficult to compare.)</p>\n<h3>Is the bond callable?</h3>\n<p>Can the issuer of the bond hand you back your money at any time? All things being equal, a callable bond is not desirable, and you should get more interest in compensation for the call feature.</p>\n<h3>What’s the worst-case yield?</h3>\n<p>Suppose the bond does get called. What would be your yield on the bond at that point? When comparing callable bonds, this figure is very important.</p>\n"},{"title":"Important websites for bond investors","thumb":null,"image":null,"content":"<p>Successful bond investing isn’t about luck. It’s about researching markets and comparing offers. (And luck.) These six websites serve as your navigation guide through the vast universe of bonds and bond funds.</p>\n<ul>\n<li><a href=\"//www.finra.org/#/\" target=\"_blank\" rel=\"noopener\">FINRA:</a> Find scores of information on US bond yields, prices, and trends at the Financial Industry Regulatory Authority site.</li>\n<li><a href=\"//www.ciro.ca/\" target=\"_blank\" rel=\"noopener\">IIROC and CIRO</a>: IIROC is a Canadian organization that tracks all investment dealers and trading activity on Canada’s debt and equity marketplaces. It stands for the Investment Industry Regulatory Organization of Canada. IIROC’s website will continue to migrate and move items off IIROC.ca to the newly-named Canadian Investment Regulatory Organization (CIRO) at CIRO.ca throughout 2023 and well into 2024.</li>\n<li><a href=\"//www.bloomberg.com/\" target=\"_blank\" rel=\"noopener\">Bloomberg</a>: At the Bloomberg site, go to Markets, Market Data, Rates &amp; Bonds for up-to-date information on multiple bond markets.</li>\n<li><a href=\"//finance.yahoo.com/\" target=\"_blank\" rel=\"noopener\">Yahoo! Finance</a>: This site offers scads of information on individual bonds and bond funds. Be aware that you’re looking at both news and advertisements, and they get easily jumbled on the screen.</li>\n<li><a href=\"//www.moneychimp.com/calculator/compound_interest_calculator.htm\" target=\"_blank\" rel=\"noopener\">Moneychimp calculator</a>: Here, you can put in the price of the bond, the coupon rate, and the maturity date, and out comes the all-important yield-to-maturity.</li>\n</ul>\n"}],"videoInfo":{"videoId":null,"name":null,"accountId":null,"playerId":null,"thumbnailUrl":null,"description":null,"uploadDate":null}},"sponsorship":{"sponsorshipPage":false,"backgroundImage":{"src":null,"width":0,"height":0},"brandingLine":"","brandingLink":"","brandingLogo":{"src":null,"width":0,"height":0},"sponsorAd":"","sponsorEbookTitle":"","sponsorEbookLink":"","sponsorEbookImage":{"src":null,"width":0,"height":0}},"primaryLearningPath":"Advance","lifeExpectancy":"Two years","lifeExpectancySetFrom":"2024-11-21T00:00:00+00:00","dummiesForKids":"no","sponsoredContent":"no","adInfo":"","adPairKey":[]},"status":"publish","visibility":"public","articleId":301216},{"headers":{"creationTime":"2023-12-08T22:27:44+00:00","modifiedTime":"2024-11-03T17:40:19+00:00","timestamp":"2024-11-03T18:01:12+00:00"},"data":{"breadcrumbs":[{"name":"Business, Careers, & Money","_links":{"self":"//dummies-api.coursofppt.com/v2/categories/34224"},"slug":"business-careers-money","categoryId":34224},{"name":"Personal Finance","_links":{"self":"//dummies-api.coursofppt.com/v2/categories/34273"},"slug":"personal-finance","categoryId":34273},{"name":"Investing","_links":{"self":"//dummies-api.coursofppt.com/v2/categories/34288"},"slug":"investing","categoryId":34288},{"name":"Real Estate","_links":{"self":"//dummies-api.coursofppt.com/v2/categories/34299"},"slug":"real-estate","categoryId":34299}],"title":"Real Estate Investing All-in-One For Dummies Cheat Sheet","strippedTitle":"real estate investing all-in-one for dummies cheat sheet","slug":"real-estate-investing-all-in-one-for-dummies-cheat-sheet","canonicalUrl":"","检指数擎提升":{"metaDescription":"This Cheat Sheet helps you determine whether real estate investing is right for you, and it summarizes how to get started once you're ready.","noIndex":0,"noFollow":0},"content":"Successful real estate investing requires smart decisions. To start investing in real estate quickly and easily, ask a few important questions, discover different ways to invest in residential property, and build an effective real estate team.","description":"Successful real estate investing requires smart decisions. To start investing in real estate quickly and easily, ask a few important questions, discover different ways to invest in residential property, and build an effective real estate team.","blurb":"","authors":[{"authorId":8947,"name":"The Experts at Dummies","slug":"the-experts-at-dummies","description":"The Experts at Dummies are smart, friendly people who make learning easy by taking a not-so-serious approach to serious stuff.","hasArticle":false,"_links":{"self":"//dummies-api.coursofppt.com/v2/authors/8947"}}],"primaryCategoryTaxonomy":{"categoryId":34299,"title":"Real Estate","slug":"real-estate","_links":{"self":"//dummies-api.coursofppt.com/v2/categories/34299"}},"secondaryCategoryTaxonomy":{"categoryId":0,"title":null,"slug":null,"_links":null},"tertiaryCategoryTaxonomy":{"categoryId":0,"title":null,"slug":null,"_links":null},"trendingArticles":null,"inThisArticle":[],"relatedArticles":{"fromBook":[],"fromCategory":[{"articleId":300521,"title":"REITs For Dummies Cheat Sheet","slug":"reits-for-dummies-cheat-sheet","categoryList":["business-careers-money","personal-finance","investing","real-estate"],"_links":{"self":"//dummies-api.coursofppt.com/v2/articles/300521"}},{"articleId":291208,"title":"Foreclosure Investing For Dummies Cheat Sheet","slug":"foreclosure-investing-for-dummies-cheat-sheet","categoryList":["business-careers-money","personal-finance","investing","real-estate"],"_links":{"self":"//dummies-api.coursofppt.com/v2/articles/291208"}},{"articleId":274970,"title":"How Home Ownership Can Help You Achieve Financial Goals","slug":"how-home-ownership-can-help-you-achieve-financial-goals","categoryList":["business-careers-money","personal-finance","investing","real-estate"],"_links":{"self":"//dummies-api.coursofppt.com/v2/articles/274970"}},{"articleId":274965,"title":"Simple, Profitable Real Estate Investments","slug":"simple-profitable-real-estate-investments","categoryList":["business-careers-money","personal-finance","investing","real-estate"],"_links":{"self":"//dummies-api.coursofppt.com/v2/articles/274965"}},{"articleId":266690,"title":"Public and Private Real Estate Investment Trusts","slug":"public-and-private-real-estate-investment-trusts","categoryList":["business-careers-money","personal-finance","investing","real-estate"],"_links":{"self":"//dummies-api.coursofppt.com/v2/articles/266690"}}]},"hasRelatedBookFromSearch":false,"relatedBook":{"bookId":296148,"slug":"real-estate-investing-all-in-one-for-dummies","isbn":"9781394152841","categoryList":["business-careers-money","personal-finance","investing","real-estate"],"amazon":{"default":"//www.amazon.com/gp/product/1394152841/ref=as_li_tl?ie=UTF8&tag=wiley01-20","ca":"//www.amazon.ca/gp/product/1394152841/ref=as_li_tl?ie=UTF8&tag=wiley01-20","indigo_ca":"//www.tkqlhce.com/click-9208661-13710633?url=//www.chapters.indigo.ca/en-ca/books/product/1394152841-item.html&cjsku=978111945484","gb":"//www.amazon.co.uk/gp/product/1394152841/ref=as_li_tl?ie=UTF8&tag=wiley01-20","de":"//www.amazon.de/gp/product/1394152841/ref=as_li_tl?ie=UTF8&tag=wiley01-20"},"image":{"src":"//coursofppt.com/wp-content/uploads/real-estate-investing-all-in-one-for-dummies-cover-9781394152841-203x255.jpg","width":203,"height":255},"title":"Real Estate Investing All-in-One For Dummies","testBankPinActivationLink":"","bookOutOfPrint":true,"authorsInfo":"","authors":[{"authorId":34784,"name":"","slug":"","description":" <p><b>The National Gardening Association </b>is the leading garden-based educational organization in the United States. Visit http//:garden.org.</p> <p><b>Charlie Nardozzi</b> is a nationally recognized garden writer, radio and TV show host, consultant, and speaker. Charlie delights in making gardening information simple, easy, fun, and accessible to everyone.</p> ","hasArticle":false,"_links":{"self":"//dummies-api.coursofppt.com/v2/authors/34784"}}],"_links":{"self":"//dummies-api.coursofppt.com/v2/books/"}},"collections":[],"articleAds":{"footerAd":"<div class=\"du-ad-region row\" id=\"article_page_adhesion_ad\"><div class=\"du-ad-unit col-md-12\" data-slot-id=\"article_page_adhesion_ad\" data-refreshed=\"false\" \r\n data-target = \"[{&quot;key&quot;:&quot;cat&quot;,&quot;values&quot;:[&quot;business-careers-money&quot;,&quot;personal-finance&quot;,&quot;investing&quot;,&quot;real-estate&quot;]},{&quot;key&quot;:&quot;isbn&quot;,&quot;values&quot;:[&quot;9781394152841&quot;]}]\" id=\"du-slot-65453569370ce\"></div></div>","rightAd":"<div class=\"du-ad-region row\" id=\"article_page_right_ad\"><div class=\"du-ad-unit col-md-12\" data-slot-id=\"article_page_right_ad\" data-refreshed=\"false\" \r\n data-target = \"[{&quot;key&quot;:&quot;cat&quot;,&quot;values&quot;:[&quot;business-careers-money&quot;,&quot;personal-finance&quot;,&quot;investing&quot;,&quot;real-estate&quot;]},{&quot;key&quot;:&quot;isbn&quot;,&quot;values&quot;:[&quot;9781394152841&quot;]}]\" id=\"du-slot-6545356939176\"></div></div>"},"articleType":{"articleType":"Cheat Sheet","articleList":[{"articleId":0,"title":"","slug":null,"categoryList":[],"_links":{"self":"//dummies-api.coursofppt.com/v2/articles/"}}],"content":[{"title":"A few questions to ask before you invest in real estate","thumb":null,"image":null,"content":"<p>Most people can succeed at investing in real estate if they’re willing to do their homework. Following, are several important questions to help you decide whether you have what it takes to succeed and be happy with real estate investments that involve managing property.</p>\n<h3><strong>Do you have sufficient time?</strong></h3>\n<p>Purchasing and owning investment real estate and being a landlord are time consuming. The same way an uninformed owner can sell property for less than it’s worth, if you fail to do your homework before purchasing property, you can end up overpaying or buying real estate with a slew of problems.</p>\n<p>Finding competent and ethical real estate professionals takes time. Investigating communities, neighborhoods, and zoning also soaks up plenty of hours, as does examining tenant issues with potential properties.</p>\n<p>As for managing a property, you can hire a property manager to interview tenants, collect the rent, and solve problems such as leaky faucets and broken appliances, but doing so costs money and still requires some of your time.</p>\n<p>Of course, if you hire a competent and experienced property manager, you will be rewarded with less time required for oversight.</p>\n<h3><strong>Can you deal with problems?</strong></h3>\n<p>Challenges and problems inevitably occur when you try to buy a property. Purchase negotiations can be stressful and frustrating. You can also count on some problems coming up when you own and manage investment real estate.</p>\n<p>Most tenants won’t care for a property the way property owners do. If every little problem causes you distress, at a minimum, you should only own rental property with the assistance of a property manager.</p>\n<h3><strong>Does real estate interest you?</strong></h3>\n<p>Some of the best real estate investors have a curiosity and interest in real estate. If you don’t already possess it, such an interest and curiosity <em>can</em> be cultivated. On the other hand, some people simply aren’t comfortable investing in rental property. For example, if you’ve had experience and success with stock market investing, you may be uncomfortable venturing into real estate investments.</p>\n<h3><strong>Can you handle market downturns?</strong></h3>\n<p>Real estate investing isn’t for the faint of heart. Buying and holding real estate is a whole lot of fun when prices and rents are rising. But market downturns happen, and they test you emotionally as well as financially.</p>\n<p>No one has a crystal ball, so don’t expect to be able to buy at the precise bottom of prices and sell at an exact peak of your local market. Even if you make a smart buy now, you’ll inevitably end up holding some of your investment property during a difficult market (recessions where you have trouble finding and retaining quality tenants, where rents and property values may fall rather than rise).</p>\n<p>Do you have the financial (and emotional) wherewithal to handle such a downturn? How have you handled other investments when their values have fallen?</p>\n"},{"title":"Different ways to invest in residential real estate","thumb":null,"image":null,"content":"<p>The first (and one of the best) real estate investments for many people is a home in which to live. Following, are some investment possibilities inherent in buying a home for your own use, including potential profit to be had from converting your home to a rental or fixing it up and selling it.</p>\n<h3><strong>Buy a place of your own</strong></h3>\n<p>Unless you expect to move within the next few years, buying a place may make good long-term financial sense. (Even if you need to relocate, you may decide to continue owning the property and use it as a rental property.)</p>\n<p>In most real estate markets, owning usually costs less than renting over the long haul and allows you to build <em>equity</em> (the dollar difference between market value and the current balance of the mortgage loans against the property) in an asset.</p>\n<h3><strong>Convert your home to a rental</strong></h3>\n<p>Turning your current home into a rental property when you move is a simple way to buy and own more properties. You can do this multiple times (as you move out of homes you own over the years), and you can do this strategy of acquiring rental properties not only with a house, but also with a duplex or another small multi-unit rental property where you reside in one of the units.</p>\n<p>This approach is an option if you’re already considering investing in real estate (either now or in the future), and you can afford to own two or more properties.</p>\n<p>Holding onto your current home when you’re buying a new one is more advisable if you’re moving within the same area so that you’re close by to manage the property.</p>\n<h3><strong>Invest and live in well-situated fixer-uppers</strong></h3>\n<p><em>Serial home selling</em> is a variation on the tried-and-true real estate investment strategy of investing in well-located fixer-upper homes where you can invest your time, sweat equity, and materials to make improvements that add more value than they cost.</p>\n<p>The only catch is that you must actually move into the fixer-upper for at least 24 months to earn the full homeowner’s capital gains exemption of up to $250,000 for single taxpayers and $500,000 for married couples filing jointly.</p>\n<p>Be sure to buy a home in need of that special TLC in a great neighborhood where you’re willing to live for 24 months or more.</p>\n<h3><strong>Purchase a vacation home</strong></h3>\n<p>Many people of means expand their real estate holdings by purchasing a <em>vacation home</em> — a home in an area where they enjoy taking pleasure trips. For most people, buying a vacation home is more of a consumption decision than it is an investment decision. That’s not to say that you can’t make a profit from owning a second home. However, potential investment returns shouldn’t be the main reason you buy a second home.</p>\n<p>Before you buy a second home, weigh all the pros and cons. If you have a partner with whom you’re buying the property, have a candid discussion. Also consult with your tax advisor for other tax-saving strategies for your second home or vacation home.</p>\n"},{"title":"Your real estate investment team","thumb":null,"image":null,"content":"<p>For most people, real estate investing is hands-on and complicated enough to require the services and knowledge of a team of professionals.</p>\n<p>The following is a list of different real estate professionals and service providers you should consider teaming up with as you search for real estate investment opportunities and proceed with the purchase of property:</p>\n<ul>\n<li><strong>Tax advisor:</strong> A good tax advisor can highlight potential benefits and pitfalls of different real estate investment strategies. Make sure that your tax person has experience with real estate investing and understands your needs and specific goals in regard to your property investments.</li>\n<li><strong>Financial advisor:</strong> If you’ve worked with or can locate a financial advisor who sells their time and nothing else, consider hiring them. A true financial advisor can help you understand how real estate investment property purchases fit with your overall financial situation and goals.</li>\n<li><strong>Lender or mortgage broker:</strong> Postpone making an appointment to look at investment properties until after you examine the loans available. You have two resources to consult:\n<ul>\n<li>A lender is any firm, public or private, that directly loans you the cash you need to purchase your property. This type of lender is often referred to as a <em>direct lender.</em> Most often, your list of possible lenders includes banks, credit unions, and private lenders (including property sellers). Lenders tend to specialize in certain types of loans.</li>\n<li>A mortgage broker is a service provider who presents your request for a loan to a variety of different lenders in order to find the best financing for your particular needs. Just like real estate or insurance brokers, a good mortgage broker can be a real asset to your team.</li>\n</ul>\n</li>\n<li><strong>Broker or agent:</strong> Your investment team should include a sharp and energetic real estate broker or agent. All real estate brokers and agents are licensed by the state in which they perform their services.A real estate <em>broker</em> is the highest level of licensed real estate professional, and a licensed real estate sales <em>agent</em> is qualified to handle real estate listings and transactions under the supervision of a broker. The vast majority of real estate licensees are sales agents.</li>\n<li><strong>Appraiser:</strong> An appraiser can be an effective team member if your real estate investment strategy involves buying and selling properties with somewhat-hidden opportunities to add value. Appraisers see many properties over their career and thus often possess insight into real estate opportunities that others miss.</li>\n<li><strong>Attorney:</strong> If you live in an area where attorneys aren’t usually involved in real estate transactions, an attorney may not be necessary. In some states, having an attorney is essential to handle the transaction and closing.In any case, you should consult with an experienced real estate attorney as your investments increase in size and complexity. With more complicated transactions, have the attorney review the documents — even in states where the title or escrow company handles the paperwork and serves as the independent intermediary or closing agent.A good real estate attorney can help you structure proposed transactions. Particularly if you’re looking into a large transaction where you assume loans or you’re attempting to secure special financing, a competent real estate attorney can be invaluable.</li>\n</ul>\n"}],"videoInfo":{"videoId":null,"name":null,"accountId":null,"playerId":null,"thumbnailUrl":null,"description":null,"uploadDate":null}},"sponsorship":{"sponsorshipPage":false,"backgroundImage":{"src":null,"width":0,"height":0},"brandingLine":"","brandingLink":"","brandingLogo":{"src":null,"width":0,"height":0},"sponsorAd":"","sponsorEbookTitle":"","sponsorEbookLink":"","sponsorEbookImage":{"src":null,"width":0,"height":0}},"primaryLearningPath":"Advance","lifeExpectancy":"Five years","lifeExpectancySetFrom":"2023-12-08T00:00:00+00:00","dummiesForKids":"no","sponsoredContent":"no","adInfo":"","adPairKey":[]},"status":"publish","visibility":"public","articleId":296220},{"headers":{"creationTime":"2024-11-01T17:51:36+00:00","modifiedTime":"2024-11-01T17:51:36+00:00","timestamp":"2024-11-01T18:01:11+00:00"},"data":{"breadcrumbs":[{"name":"Business, Careers, & Money","_links":{"self":"//dummies-api.coursofppt.com/v2/categories/34224"},"slug":"business-careers-money","categoryId":34224},{"name":"Personal Finance","_links":{"self":"//dummies-api.coursofppt.com/v2/categories/34273"},"slug":"personal-finance","categoryId":34273},{"name":"Estate Planning","_links":{"self":"//dummies-api.coursofppt.com/v2/categories/34278"},"slug":"estate-planning","categoryId":34278}],"title":"Wills & Estate Planning for Canadians For Dummies Cheat Sheet","strippedTitle":"wills & estate planning for canadians for dummies cheat sheet","slug":"wills-estate-planning-for-canadians-for-dummies-cheat-sheet-2","canonicalUrl":"","检指数擎提升":{"metaDescription":"This Cheat Sheet summarizes important aspects of wills and estate planning, including estate taxes, life insurance, and more.","noIndex":0,"noFollow":0},"content":"Worried about what will happen to your assets after you pass away? This Cheat Sheet will help you plan for your future, with tips on how to reduce your estate taxes, helpful information on whether you need life insurance, and a listing of the key pieces of information your loved ones will need after you’re gone.","description":"Worried about what will happen to your assets after you pass away? This Cheat Sheet will help you plan for your future, with tips on how to reduce your estate taxes, helpful information on whether you need life insurance, and a listing of the key pieces of information your loved ones will need after you’re gone.","blurb":"","authors":[{"authorId":10472,"name":"JoAnn Kurtz","slug":"joann-kurtz","description":"<span class=\"a-text-bold\">JoAnn Kurtz </span>is a Toronto-based lawyer, educator, and author. She carried on a general practice before joining Seneca College, where she was the program coordinator of the Law Clerk Diploma program for many years. She is the author or co-author of many general interest and academic texts. She holds a J.D. from Osgoode Hall Law School.","hasArticle":false,"_links":{"self":"//dummies-api.coursofppt.com/v2/authors/10472"}}],"primaryCategoryTaxonomy":{"categoryId":34278,"title":"Estate Planning","slug":"estate-planning","_links":{"self":"//dummies-api.coursofppt.com/v2/categories/34278"}},"secondaryCategoryTaxonomy":{"categoryId":0,"title":null,"slug":null,"_links":null},"tertiaryCategoryTaxonomy":{"categoryId":0,"title":null,"slug":null,"_links":null},"trendingArticles":null,"inThisArticle":[],"relatedArticles":{"fromBook":[],"fromCategory":[{"articleId":256933,"title":"Last Will and Testament Probate Process","slug":"last-will-and-testament-probate-process","categoryList":["business-careers-money","personal-finance","estate-planning"],"_links":{"self":"//dummies-api.coursofppt.com/v2/articles/256933"}},{"articleId":209411,"title":"Wills and Trusts Kit For Dummies Cheat Sheet","slug":"wills-trusts-kit-for-dummies-cheat-sheet","categoryList":["business-careers-money","personal-finance","estate-planning"],"_links":{"self":"//dummies-api.coursofppt.com/v2/articles/209411"}},{"articleId":209202,"title":"Wills & Estate Planning For Canadians For Dummies Cheat Sheet","slug":"wills-estate-planning-for-canadians-for-dummies-cheat-sheet","categoryList":["business-careers-money","personal-finance","estate-planning"],"_links":{"self":"//dummies-api.coursofppt.com/v2/articles/209202"}},{"articleId":208475,"title":"Estate Planning For Dummies Cheat Sheet","slug":"estate-planning-for-dummies-cheat-sheet","categoryList":["business-careers-money","personal-finance","estate-planning"],"_links":{"self":"//dummies-api.coursofppt.com/v2/articles/208475"}},{"articleId":207998,"title":"Estate & Trust Administration For Dummies Cheat Sheet","slug":"estate-trust-administration-for-dummies-cheat-sheet","categoryList":["business-careers-money","personal-finance","estate-planning"],"_links":{"self":"//dummies-api.coursofppt.com/v2/articles/207998"}}]},"hasRelatedBookFromSearch":false,"relatedBook":{"bookId":301118,"slug":"wills-estate-planning-for-canadians-for-dummies","isbn":"9781394208128","categoryList":["business-careers-money","personal-finance","estate-planning"],"amazon":{"default":"//www.amazon.com/gp/product/139420812X/ref=as_li_tl?ie=UTF8&tag=wiley01-20","ca":"//www.amazon.ca/gp/product/139420812X/ref=as_li_tl?ie=UTF8&tag=wiley01-20","indigo_ca":"//www.tkqlhce.com/click-9208661-13710633?url=//www.chapters.indigo.ca/en-ca/books/product/139420812X-item.html&cjsku=978111945484","gb":"//www.amazon.co.uk/gp/product/139420812X/ref=as_li_tl?ie=UTF8&tag=wiley01-20","de":"//www.amazon.de/gp/product/139420812X/ref=as_li_tl?ie=UTF8&tag=wiley01-20"},"image":{"src":"//coursofppt.com/wp-content/uploads/wills-and-estate-planning-for-canadians-for-dummies-cover-9781394208128-203x255.jpg","width":203,"height":255},"title":"Wills & Estate Planning for Canadians For Dummies","testBankPinActivationLink":"","bookOutOfPrint":true,"authorsInfo":"<p><span class=\"a-text-bold\"><b data-author-id=\"10472\">JoAnn Kurtz</b> </span>is a Toronto-based lawyer, educator, and author. She carried on a general practice before joining Seneca College, where she was the program coordinator of the Law Clerk Diploma program for many years. She is the author or co-author of many general interest and academic texts. She holds a J.D. from Osgoode Hall Law School.</p>","authors":[{"authorId":10472,"name":"JoAnn Kurtz","slug":"joann-kurtz","description":"<span class=\"a-text-bold\">JoAnn Kurtz </span>is a Toronto-based lawyer, educator, and author. She carried on a general practice before joining Seneca College, where she was the program coordinator of the Law Clerk Diploma program for many years. She is the author or co-author of many general interest and academic texts. She holds a J.D. from Osgoode Hall Law School.","hasArticle":false,"_links":{"self":"//dummies-api.coursofppt.com/v2/authors/10472"}}],"_links":{"self":"//dummies-api.coursofppt.com/v2/books/"}},"collections":[],"articleAds":{"footerAd":"<div class=\"du-ad-region row\" id=\"article_page_adhesion_ad\"><div class=\"du-ad-unit col-md-12\" data-slot-id=\"article_page_adhesion_ad\" data-refreshed=\"false\" \r\n data-target = \"[{&quot;key&quot;:&quot;cat&quot;,&quot;values&quot;:[&quot;business-careers-money&quot;,&quot;personal-finance&quot;,&quot;estate-planning&quot;]},{&quot;key&quot;:&quot;isbn&quot;,&quot;values&quot;:[&quot;9781394208128&quot;]}]\" id=\"du-slot-654292678cb50\"></div></div>","rightAd":"<div class=\"du-ad-region row\" id=\"article_page_right_ad\"><div class=\"du-ad-unit col-md-12\" data-slot-id=\"article_page_right_ad\" data-refreshed=\"false\" \r\n data-target = \"[{&quot;key&quot;:&quot;cat&quot;,&quot;values&quot;:[&quot;business-careers-money&quot;,&quot;personal-finance&quot;,&quot;estate-planning&quot;]},{&quot;key&quot;:&quot;isbn&quot;,&quot;values&quot;:[&quot;9781394208128&quot;]}]\" id=\"du-slot-654292678d84f\"></div></div>"},"articleType":{"articleType":"Cheat Sheet","articleList":[{"articleId":0,"title":"","slug":null,"categoryList":[],"_links":{"self":"//dummies-api.coursofppt.com/v2/articles/"}}],"content":[{"title":"Why every Canadian should have a will & estate plan","thumb":null,"image":null,"content":"<p>Why do you need a will and an estate plan? It may not be fun to think about, but after you’re gone you won’t have a say in some pretty important matters unless you let your wishes be known.</p>\n<p>Who will take care of your children? What will happen to your business, your property, or those valuable heirlooms passed down for generations? How can you reduce the taxes on your estate?</p>\n<p>Consider these benefits of wills and estate plans and the pitfalls you can avoid simply by planning for the future:</p>\n<ul>\n<li><strong>Your family won’t suffer financially. </strong>Without an estate plan you may not leave enough money to your family to make sure they’ll always be well looked after.</li>\n<li><strong>Less of your estate will go toward income taxes </strong>. Without an estate plan you won’t be able to take advantage of tax-saving strategies.</li>\n<li><strong>Your family won’t have to go to court to get the right to manage your estate.</strong> If you don’t make a will naming an executor, someone close to you will have to start a court proceeding to be appointed the administrator of your estate. Until the court makes a decision, no one will be able to touch your property.</li>\n<li><strong>Your estate won’t lose money after your death.</strong> Without a will you won’t be able to give an executor flexibility to sell or keep certain property and to make bold investment decisions.</li>\n<li><strong>Your estate will be able to pay your debts and still have something left for your family. </strong>Without an estate plan, your estate may not have the money it will take to pay off your creditors <em>and</em> hand over a good sum to your family.</li>\n<li><strong>Your family will be able to keep the heirlooms handed down from generation to generation instead of getting cash with no sentimental value</strong>. Without a will, your administrator may have to sell your property and hand out cash instead.</li>\n<li> <strong>Your business can be more easily passed on to the person of your choice — or at least not sold at a loss.</strong> Without an estate plan, you can’t be sure where the business will end up and how much it will be worth when it gets there.</li>\n<li><strong>Your children will be cared for. </strong>Without a will, your wishes about who will look after your children may never be known.</li>\n<li><strong>Your children’s money will be looked after by a person you choose, not the provincial government. </strong>Without a will that sets up a trust for young children until they come of age, the provincial government will hold any property you leave the kids — until they reach the age of majority.</li>\n<li><strong>Your provincial government won’t end up with all your money.</strong> Without a will, your property will be given away to your lawful husband or wife and blood relatives according to rules set by provincial law. If you don’t have a lawful spouse or any blood relatives — even though you have a long-time companion, a lover, friends, or a favorite charity — your property will all go to the provincial government.</li>\n</ul>\n"},{"title":"Deciding whether you need life insurance in Canada","thumb":null,"image":null,"content":"<p>Building your estate is one way to ensure that your family will be taken care of — life insurance is another. Though life insurance is needed by some Canadians, others can go without it if their estate will easily cover the expenses related to their death.</p>\n<p>Do you need a life insurance policy? Following, are some tips to help you find out.</p>\n<h3>Reasons you need life insurance</h3>\n<p>You need life insurance if:</p>\n<ul>\n<li>Someone you support will still need your income when you’re no longer alive to earn it.</li>\n<li>You’re likely to die leaving a large debt and you want it paid without eating into the capital of your estate.</li>\n<li>You want to create a fund to pay funeral costs, taxes, and probate fees.</li>\n<li>You want to leave money you wouldn’t otherwise have to a family member, friend, or charity.</li>\n</ul>\n<h3>Reasons you don&#8217;t need life insurance</h3>\n<p>You don’t need life insurance if:</p>\n<ul>\n<li>You don’t have anyone who depends on you for support.</li>\n<li>You have no large debts or expenses.</li>\n<li>You have plenty of cash or property in your estate to pay funeral expenses, taxes, and probate fees.</li>\n<li>You don’t need or want extra money to leave to family, friends, or charities.</li>\n</ul>\n"},{"title":"Top tips for reducing the taxes on your estate","thumb":null,"image":null,"content":"<p>Though Canada doesn’t have any “death taxes,” taxes on your estate, including your Registered Retirement Savings Plans (RRSPs) and Registered Retirement Income Funds (RRIFs), can really add up. With a good estate plan, you can keep those taxes at a minimum.</p>\n<p>Follow these helpful tips to keep your tax bill down:</p>\n<ul>\n<li>Leave capital property that has gone up a lot in value to your spouse.</li>\n<li>Name your spouse as beneficiary of your RRSPs and RRIFs.</li>\n<li>Leave your children or grandchildren cash or property that has not gone up a lot in value.</li>\n<li>Use the principal residence exemption to leave your vacation property to your children without triggering a capital gain.</li>\n<li>Give away capital property while you’re still alive if you have a capital loss to offset any capital gain</li>\n<li>Donate money to charity in your will.</li>\n<li>Make sure your will gives your executor power to use your unused RRSP contributions to make a contribution to your spouse’s RRSP.</li>\n<li>Give your executor enough information to make use of any unused capital losses when you die.</li>\n</ul>\n"},{"title":"What your family & executor will need to know","thumb":null,"image":null,"content":"<p>You’ve considered your family and loved ones by drafting a will and creating an estate plan, so make sure they’ll be able to take advantage of all your careful planning!</p>\n<p>Do they know that you have a will, and where to find it? Do they have your account numbers and contact information for your lawyers and other advisors?</p>\n<p>Here are the key pieces of information that your family, executor, and loved ones will need to know once you’re gone:</p>\n<ul>\n<li>Whether you want to donate your organs</li>\n<li>What kind of funeral you want</li>\n<li>Where to find your will</li>\n<li>Where you keep your important documents</li>\n<li>The location of your safety deposit box and where to find the key</li>\n<li>Particulars of any insurance policies on your life</li>\n<li>Information about your bank accounts, investments, pensions, and other property</li>\n<li>Details of your debts</li>\n<li>The name and address of your lawyer, financial adviser, and insurance agent</li>\n</ul>\n"}],"videoInfo":{"videoId":null,"name":null,"accountId":null,"playerId":null,"thumbnailUrl":null,"description":null,"uploadDate":null}},"sponsorship":{"sponsorshipPage":false,"backgroundImage":{"src":null,"width":0,"height":0},"brandingLine":"","brandingLink":"","brandingLogo":{"src":null,"width":0,"height":0},"sponsorAd":"","sponsorEbookTitle":"","sponsorEbookLink":"","sponsorEbookImage":{"src":null,"width":0,"height":0}},"primaryLearningPath":"Solve","lifeExpectancy":"Five years","lifeExpectancySetFrom":"2024-11-01T00:00:00+00:00","dummiesForKids":"no","sponsoredContent":"no","adInfo":"","adPairKey":[]},"status":"publish","visibility":"public","articleId":301150},{"headers":{"creationTime":"2017-03-26T15:48:50+00:00","modifiedTime":"2024-10-23T14:15:31+00:00","timestamp":"2024-10-23T15:01:02+00:00"},"data":{"breadcrumbs":[{"name":"Business, Careers, & Money","_links":{"self":"//dummies-api.coursofppt.com/v2/categories/34224"},"slug":"business-careers-money","categoryId":34224},{"name":"Personal Finance","_links":{"self":"//dummies-api.coursofppt.com/v2/categories/34273"},"slug":"personal-finance","categoryId":34273},{"name":"Veterans' Benefits","_links":{"self":"//dummies-api.coursofppt.com/v2/categories/34274"},"slug":"veterans-benefits","categoryId":34274}],"title":"Top 10 Things to Know about Veterans Benefits","strippedTitle":"top 10 things to know about veterans benefits","slug":"top-ten-things-to-know-about-veterans-benefits","canonicalUrl":"","检指数擎提升":{"metaDescription":"Veterans are often surprised at the number and types of benefits that are available. If you're just getting started in applying for veterans benefits, there are","noIndex":0,"noFollow":0},"content":"Veterans are often surprised at the number and types of benefits that are available. If you're just getting started in applying for veterans benefits, there are some basic things you should know.\r\n<h2 id=\"tab1\" >Nobody is going to hand you your benefits</h2>\r\nUnfortunately, that would be too easy. Instead, you have to know what benefits there are, you must find out what the eligibility criteria is to receive a particular benefit, you need to know which government agency is in charge of that benefit, and then you have to ask for the benefit.\r\n<h2 id=\"tab2\" >The definition of veteran varies when it comes to veteran benefits</h2>\r\n<p class=\"Remember\">You would think, by now, that our government would agree on who is entitled to call themselves a veteran. You’d think so, but you’d be wrong. Unfortunately, there’s no single legal definition for the term veteran when it comes to veterans benefits. Because different benefits were enacted into law at different times by different Congresses, each benefit has varying qualification criteria.</p>\r\nYou can qualify for some benefits with just one day of military service. Other benefits require you to serve a minimum amount of time. Still others require that you meet certain conditions, such as having a disability resulting from military service.\r\n<h2 id=\"tab3\" >The government doesn't know if you're a veteran or not</h2>\r\nYou’d also think that the government would have some kind of massive computer system that would have all the details about your service in the United States military. You would think Uncle Sam would know when you served, where you served, how long you served, what medals you may have earned, and what kind of discharge you received. Once again, you’d be wrong.\r\n<h2 id=\"tab4\" >You must prove you deserve veteran benefits</h2>\r\nMaybe in the future, but right now if you want a particular benefit, it’s up to you to prove your status as a veteran. You do this by providing copies of your military discharge paperwork.\r\n<h2 id=\"tab5\" >You might not need an honorable discharge to get veteran benefits</h2>\r\nYou may be one of those who think that you need an honorable discharge to qualify for a veterans benefit. Many veterans believe that. The truth is, some benefits require an honorable discharge, but there are many benefits you can receive with a general or other than honorable discharge as well.\r\n<h2 id=\"tab6\" >\"No\" to veterans benefits doesn't always mean no</h2>\r\nYou may ask for a benefit and be told no. You may be told that you’re not eligible for the benefit because of this or that, even though you believe that you meet the eligibility criteria. Maybe you asked for a benefit years ago, only to be told you don’t qualify, so you gave up.\r\n\r\nMaybe you were told no, and you don’t even know why. The Department of Veterans Affairs (VA) has developed a bad habit over the years of phrasing its rejection letters in such a way that even legal eagles couldn’t understand them.\r\n\r\nFortunately, the agency isn’t allowed to do that anymore. A brand-new law (passed in September 2008 by your friendly neighborhood Congress critters) now requires the VA to use plain, simple, everyday language when it rejects a benefit claim. Wow! What a great idea! Why didn't anyone think of this before?\r\n<h2 id=\"tab7\" >Submit the right paperwork for your veterans benefit</h2>\r\nEven if the VA says no in simple, plain, everyday language, it doesn’t mean that it’s right. Most of the time when the VA rejects a claim, it’s because you didn’t provide the correct paperwork — what the VA calls supporting evidence.\r\n\r\nYou can ask the VA to take another look at your case, and if it still says no (stubborn little rascal, isn’t it?), you can appeal the decision. There’s even a federal court that does nothing else but hears appeals for veterans benefit claims.\r\n<h2 id=\"tab8\" >Well-known veteran benefits</h2>\r\nYou may be surprised to find out how many goodies are available to veterans and their family members. Some of these benefits are well-known, such as medical care and disability compensation. Other ell known goodies include free or low-cost medical care, cash payments directly from Uncle Sam, and plans designed to help you get a college degree or vocational training,\r\n<h2 id=\"tab9\" >Not-so-famous veterans benefits</h2>\r\nYou may have never heard of other veteran benefits, ranging from loans to open a small business to free headstones when you finally move on to that big battlefield in the sky.\r\n\r\nIn addition, you might not know there are programs that assist you in finding and getting your dream job, programs that help you buy a house or find a place to live in your golden years, shopping and travel perks, memorial and burial benefits, and services and programs available to surviving family members.","description":"Veterans are often surprised at the number and types of benefits that are available. If you're just getting started in applying for veterans benefits, there are some basic things you should know.\r\n<h2 id=\"tab1\" >Nobody is going to hand you your benefits</h2>\r\nUnfortunately, that would be too easy. Instead, you have to know what benefits there are, you must find out what the eligibility criteria is to receive a particular benefit, you need to know which government agency is in charge of that benefit, and then you have to ask for the benefit.\r\n<h2 id=\"tab2\" >The definition of veteran varies when it comes to veteran benefits</h2>\r\n<p class=\"Remember\">You would think, by now, that our government would agree on who is entitled to call themselves a veteran. You’d think so, but you’d be wrong. Unfortunately, there’s no single legal definition for the term veteran when it comes to veterans benefits. Because different benefits were enacted into law at different times by different Congresses, each benefit has varying qualification criteria.</p>\r\nYou can qualify for some benefits with just one day of military service. Other benefits require you to serve a minimum amount of time. Still others require that you meet certain conditions, such as having a disability resulting from military service.\r\n<h2 id=\"tab3\" >The government doesn't know if you're a veteran or not</h2>\r\nYou’d also think that the government would have some kind of massive computer system that would have all the details about your service in the United States military. You would think Uncle Sam would know when you served, where you served, how long you served, what medals you may have earned, and what kind of discharge you received. Once again, you’d be wrong.\r\n<h2 id=\"tab4\" >You must prove you deserve veteran benefits</h2>\r\nMaybe in the future, but right now if you want a particular benefit, it’s up to you to prove your status as a veteran. You do this by providing copies of your military discharge paperwork.\r\n<h2 id=\"tab5\" >You might not need an honorable discharge to get veteran benefits</h2>\r\nYou may be one of those who think that you need an honorable discharge to qualify for a veterans benefit. Many veterans believe that. The truth is, some benefits require an honorable discharge, but there are many benefits you can receive with a general or other than honorable discharge as well.\r\n<h2 id=\"tab6\" >\"No\" to veterans benefits doesn't always mean no</h2>\r\nYou may ask for a benefit and be told no. You may be told that you’re not eligible for the benefit because of this or that, even though you believe that you meet the eligibility criteria. Maybe you asked for a benefit years ago, only to be told you don’t qualify, so you gave up.\r\n\r\nMaybe you were told no, and you don’t even know why. The Department of Veterans Affairs (VA) has developed a bad habit over the years of phrasing its rejection letters in such a way that even legal eagles couldn’t understand them.\r\n\r\nFortunately, the agency isn’t allowed to do that anymore. A brand-new law (passed in September 2008 by your friendly neighborhood Congress critters) now requires the VA to use plain, simple, everyday language when it rejects a benefit claim. Wow! What a great idea! Why didn't anyone think of this before?\r\n<h2 id=\"tab7\" >Submit the right paperwork for your veterans benefit</h2>\r\nEven if the VA says no in simple, plain, everyday language, it doesn’t mean that it’s right. Most of the time when the VA rejects a claim, it’s because you didn’t provide the correct paperwork — what the VA calls supporting evidence.\r\n\r\nYou can ask the VA to take another look at your case, and if it still says no (stubborn little rascal, isn’t it?), you can appeal the decision. There’s even a federal court that does nothing else but hears appeals for veterans benefit claims.\r\n<h2 id=\"tab8\" >Well-known veteran benefits</h2>\r\nYou may be surprised to find out how many goodies are available to veterans and their family members. Some of these benefits are well-known, such as medical care and disability compensation. Other ell known goodies include free or low-cost medical care, cash payments directly from Uncle Sam, and plans designed to help you get a college degree or vocational training,\r\n<h2 id=\"tab9\" >Not-so-famous veterans benefits</h2>\r\nYou may have never heard of other veteran benefits, ranging from loans to open a small business to free headstones when you finally move on to that big battlefield in the sky.\r\n\r\nIn addition, you might not know there are programs that assist you in finding and getting your dream job, programs that help you buy a house or find a place to live in your golden years, shopping and travel perks, memorial and burial benefits, and services and programs available to surviving family members.","blurb":"","authors":[{"authorId":11018,"name":"Angie Papple Johnston","slug":"angie-papple-johnston","description":" <p><b>Angie Papple Johnston</b> joined the U.S. Army in 2006 as a Chemical, Biological, Radiological, and Nuclear Specialist. During her second deployment as part of Operation Iraqi Freedom, Angie became her battalion&#8217;s public affairs representative. She also served as the Lead Cadre for the Texas Army National Guard&#8217;s Recruit Sustainment program.</p> ","hasArticle":false,"_links":{"self":"//dummies-api.coursofppt.com/v2/authors/11018"}}],"primaryCategoryTaxonomy":{"categoryId":34274,"title":"Veterans' Benefits","slug":"veterans-benefits","_links":{"self":"//dummies-api.coursofppt.com/v2/categories/34274"}},"secondaryCategoryTaxonomy":{"categoryId":0,"title":null,"slug":null,"_links":null},"tertiaryCategoryTaxonomy":{"categoryId":0,"title":null,"slug":null,"_links":null},"trendingArticles":null,"inThisArticle":[{"label":"Nobody is going to hand you your benefits","target":"#tab1"},{"label":"The definition of veteran varies when it comes to veteran benefits","target":"#tab2"},{"label":"The government doesn't know if you're a veteran or not","target":"#tab3"},{"label":"You must prove you deserve veteran benefits","target":"#tab4"},{"label":"You might not need an honorable discharge to get veteran benefits","target":"#tab5"},{"label":"\"No\" to veterans benefits doesn't always mean no","target":"#tab6"},{"label":"Submit the right paperwork for your veterans benefit","target":"#tab7"},{"label":"Well-known veteran benefits","target":"#tab8"},{"label":"Not-so-famous veterans benefits","target":"#tab9"}],"relatedArticles":{"fromBook":[{"articleId":207588,"title":"Veterans Benefits Guide For Dummies Cheat Sheet","slug":"veterans-benefits-for-dummies-cheat-sheet","categoryList":["business-careers-money","personal-finance","veterans-benefits"],"_links":{"self":"//dummies-api.coursofppt.com/v2/articles/207588"}},{"articleId":170749,"title":"Appealing the Appeal of Your Veterans Benefits Claim","slug":"appealing-the-appeal-of-your-veterans-benefits-claim","categoryList":["business-careers-money","personal-finance","veterans-benefits"],"_links":{"self":"//dummies-api.coursofppt.com/v2/articles/170749"}},{"articleId":170748,"title":"How Discharge Characterizations Affect Veterans Benefits","slug":"how-discharge-characterizations-affect-veterans-benefits","categoryList":["business-careers-money","personal-finance","veterans-benefits"],"_links":{"self":"//dummies-api.coursofppt.com/v2/articles/170748"}},{"articleId":170746,"title":"How to Manage a Lengthy Appeal for Veterans Benefits","slug":"how-to-manage-a-lengthy-appeal-for-veterans-benefits","categoryList":["business-careers-money","personal-finance","veterans-benefits"],"_links":{"self":"//dummies-api.coursofppt.com/v2/articles/170746"}},{"articleId":170747,"title":"How to Appeal a Decision Regarding Veterans Benefits","slug":"how-to-appeal-a-decision-regarding-veterans-benefits","categoryList":["business-careers-money","personal-finance","veterans-benefits"],"_links":{"self":"//dummies-api.coursofppt.com/v2/articles/170747"}}],"fromCategory":[{"articleId":207588,"title":"Veterans Benefits Guide For Dummies Cheat Sheet","slug":"veterans-benefits-for-dummies-cheat-sheet","categoryList":["business-careers-money","personal-finance","veterans-benefits"],"_links":{"self":"//dummies-api.coursofppt.com/v2/articles/207588"}},{"articleId":170749,"title":"Appealing the Appeal of Your Veterans Benefits Claim","slug":"appealing-the-appeal-of-your-veterans-benefits-claim","categoryList":["business-careers-money","personal-finance","veterans-benefits"],"_links":{"self":"//dummies-api.coursofppt.com/v2/articles/170749"}},{"articleId":170748,"title":"How Discharge Characterizations Affect Veterans Benefits","slug":"how-discharge-characterizations-affect-veterans-benefits","categoryList":["business-careers-money","personal-finance","veterans-benefits"],"_links":{"self":"//dummies-api.coursofppt.com/v2/articles/170748"}},{"articleId":170746,"title":"How to Manage a Lengthy Appeal for Veterans Benefits","slug":"how-to-manage-a-lengthy-appeal-for-veterans-benefits","categoryList":["business-careers-money","personal-finance","veterans-benefits"],"_links":{"self":"//dummies-api.coursofppt.com/v2/articles/170746"}},{"articleId":170747,"title":"How to Appeal a Decision Regarding Veterans Benefits","slug":"how-to-appeal-a-decision-regarding-veterans-benefits","categoryList":["business-careers-money","personal-finance","veterans-benefits"],"_links":{"self":"//dummies-api.coursofppt.com/v2/articles/170747"}}]},"hasRelatedBookFromSearch":false,"relatedBook":{"bookId":282657,"slug":"veterans-benefits-for-dummies","isbn":"9781119907619","categoryList":["business-careers-money","personal-finance","veterans-benefits"],"amazon":{"default":"//www.amazon.com/gp/product/1119907616/ref=as_li_tl?ie=UTF8&tag=wiley01-20","ca":"//www.amazon.ca/gp/product/1119907616/ref=as_li_tl?ie=UTF8&tag=wiley01-20","indigo_ca":"//www.tkqlhce.com/click-9208661-13710633?url=//www.chapters.indigo.ca/en-ca/books/product/1119907616-item.html&cjsku=978111945484","gb":"//www.amazon.co.uk/gp/product/1119907616/ref=as_li_tl?ie=UTF8&tag=wiley01-20","de":"//www.amazon.de/gp/product/1119907616/ref=as_li_tl?ie=UTF8&tag=wiley01-20"},"image":{"src":"//coursofppt.com/wp-content/uploads/veterans-benefits-guide-for-dummies-cover-9781119907619-203x255.jpg","width":203,"height":255},"title":"Veterans Benefits Guide For Dummies","testBankPinActivationLink":"","bookOutOfPrint":true,"authorsInfo":"<p><b><b data-author-id=\"11018\">Angie Papple Johnston</b></b> joined the U.S. Army in 2006 as a Chemical, Biological, Radiological, and Nuclear Specialist. During her second deployment as part of Operation Iraqi Freedom, Angie became her battalion&#8217;s public affairs representative. She also served as the Lead Cadre for the Texas Army National Guard&#8217;s Recruit Sustainment program.</p>","authors":[{"authorId":11018,"name":"Angie Papple Johnston","slug":"angie-papple-johnston","description":" <p><b>Angie Papple Johnston</b> joined the U.S. Army in 2006 as a Chemical, Biological, Radiological, and Nuclear Specialist. During her second deployment as part of Operation Iraqi Freedom, Angie became her battalion&#8217;s public affairs representative. She also served as the Lead Cadre for the Texas Army National Guard&#8217;s Recruit Sustainment program.</p> ","hasArticle":false,"_links":{"self":"//dummies-api.coursofppt.com/v2/authors/11018"}}],"_links":{"self":"//dummies-api.coursofppt.com/v2/books/"}},"collections":[],"articleAds":{"footerAd":"<div class=\"du-ad-region row\" id=\"article_page_adhesion_ad\"><div class=\"du-ad-unit col-md-12\" data-slot-id=\"article_page_adhesion_ad\" data-refreshed=\"false\" \r\n data-target = \"[{&quot;key&quot;:&quot;cat&quot;,&quot;values&quot;:[&quot;business-careers-money&quot;,&quot;personal-finance&quot;,&quot;veterans-benefits&quot;]},{&quot;key&quot;:&quot;isbn&quot;,&quot;values&quot;:[&quot;9781119907619&quot;]}]\" id=\"du-slot-65368aaedfefe\"></div></div>","rightAd":"<div class=\"du-ad-region row\" id=\"article_page_right_ad\"><div class=\"du-ad-unit col-md-12\" data-slot-id=\"article_page_right_ad\" data-refreshed=\"false\" \r\n data-target = \"[{&quot;key&quot;:&quot;cat&quot;,&quot;values&quot;:[&quot;business-careers-money&quot;,&quot;personal-finance&quot;,&quot;veterans-benefits&quot;]},{&quot;key&quot;:&quot;isbn&quot;,&quot;values&quot;:[&quot;9781119907619&quot;]}]\" id=\"du-slot-65368aaee0897\"></div></div>"},"articleType":{"articleType":"Articles","articleList":null,"content":null,"videoInfo":{"videoId":null,"name":null,"accountId":null,"playerId":null,"thumbnailUrl":null,"description":null,"uploadDate":null}},"sponsorship":{"sponsorshipPage":false,"backgroundImage":{"src":null,"width":0,"height":0},"brandingLine":"","brandingLink":"","brandingLogo":{"src":null,"width":0,"height":0},"sponsorAd":"","sponsorEbookTitle":"","sponsorEbookLink":"","sponsorEbookImage":{"src":null,"width":0,"height":0}},"primaryLearningPath":"Explore","lifeExpectancy":"Five years","lifeExpectancySetFrom":"2024-10-23T00:00:00+00:00","dummiesForKids":"no","sponsoredContent":"no","adInfo":"","adPairKey":[]},"status":"publish","visibility":"public","articleId":170739},{"headers":{"creationTime":"2017-03-26T21:03:16+00:00","modifiedTime":"2024-10-09T20:01:35+00:00","timestamp":"2024-10-09T21:01:03+00:00"},"data":{"breadcrumbs":[{"name":"Business, Careers, & Money","_links":{"self":"//dummies-api.coursofppt.com/v2/categories/34224"},"slug":"business-careers-money","categoryId":34224},{"name":"Personal Finance","_links":{"self":"//dummies-api.coursofppt.com/v2/categories/34273"},"slug":"personal-finance","categoryId":34273},{"name":"Estate Planning","_links":{"self":"//dummies-api.coursofppt.com/v2/categories/34278"},"slug":"estate-planning","categoryId":34278}],"title":"Basics of the Schedule K-1 Form for Estates and Trusts","strippedTitle":"basics of the schedule k-1 form for estates and trusts","slug":"schedule-k-1-for-estates-and-trusts-general-information","canonicalUrl":"","检指数擎提升":{"metaDescription":"The Schedule K-1 form (form 1041) for estates and trusts gives the beneficiary the specific allocation, allowing easy transfer to the beneficiary.","noIndex":0,"noFollow":0},"content":"An estate or trust’s income <i>retains its character</i>, and so beneficiaries must be informed of this character. The Schedule K-1 (Form 1041)<b> </b>gives the beneficiary the specific allocation between all items of income, allowing easy transfer from the K-1 to the beneficiary’s Form 1040.\r\n\r\nWhen there is one income beneficiary, the total amount of the <i>income distribution deduction</i> (IDD) is shown on a single Schedule K-1, with allocations made between the different types of income. When there are multiple beneficiaries, you’re required to prepare a separate K-1 for each, with the total IDD divided among the beneficiaries on their K-1s in the same proportion as the distributions were made.\r\n\r\nSchedule K-1 allows your beneficiary to separate his or her income distribution into all the sorts of income received by the trust or estate. Because it is an attachment to Form 1041, you must distribute a copy of it to the income beneficiaries no later than the due date for Form 1041, as extended. Remember, the beneficiaries can’t prepare their 1040s until they receive their K-1s from you.\r\n<h2 id=\"tab1\" >Part I: Information about the estate or trust</h2>\r\nIn Part I, fill out the tax identification number (the <i>TIN</i>), the name of the estate or trust, and the <i>fiduciary’s</i> name and address. You also have the opportunity to check a box to indicate whether and when you filed Form 1041-T, Allocation of Estimated Tax Payments to Beneficiaries (Under Code Section 643(g)).\r\n\r\nBy checking Part I, Box D of Schedule K-1, you tell the beneficiary that he or she now has credit for additional tax payments, even though the trustee originally paid them on behalf of the trust.\r\n\r\nCode Section 643(g) allows you to assign estimated taxes paid by the trust or estate to individual beneficiaries in the final year of the trust or estate. Because the trust won’t owe any tax in its final year, it doesn’t need the estimated tax payments.\r\n\r\nForm 1041-T may only be filed in the final year of the trust or estate, is irrevocable, and must be made on or before the 65th day of the year following the end of the trust or estate’s tax year. If you’ve made a Code Section 643(g) election and allocated the estimated taxes, you have to check Box E to indicate it’s the final year of the trust or estate.\r\n<h2 id=\"tab2\" >Part II: Information about the beneficiary</h2>\r\nSchedule K-1, Part II is about as simple as it gets. On line F, put in the beneficiary’s TIN, and on line G, fill in the beneficiary’s name and address.\r\n\r\nIn Box H, choose between a domestic or foreign beneficiary, whichever applies. If the beneficiary lives in the U.S., no further information is necessary. If the beneficiary resides in a foreign country, you may want to consult with a tax advisor who can check the foreign tax treaties involved and make sure you’re not required to withhold U.S. income taxes on distributions to this beneficiary.","description":"An estate or trust’s income <i>retains its character</i>, and so beneficiaries must be informed of this character. The Schedule K-1 (Form 1041)<b> </b>gives the beneficiary the specific allocation between all items of income, allowing easy transfer from the K-1 to the beneficiary’s Form 1040.\r\n\r\nWhen there is one income beneficiary, the total amount of the <i>income distribution deduction</i> (IDD) is shown on a single Schedule K-1, with allocations made between the different types of income. When there are multiple beneficiaries, you’re required to prepare a separate K-1 for each, with the total IDD divided among the beneficiaries on their K-1s in the same proportion as the distributions were made.\r\n\r\nSchedule K-1 allows your beneficiary to separate his or her income distribution into all the sorts of income received by the trust or estate. Because it is an attachment to Form 1041, you must distribute a copy of it to the income beneficiaries no later than the due date for Form 1041, as extended. Remember, the beneficiaries can’t prepare their 1040s until they receive their K-1s from you.\r\n<h2 id=\"tab1\" >Part I: Information about the estate or trust</h2>\r\nIn Part I, fill out the tax identification number (the <i>TIN</i>), the name of the estate or trust, and the <i>fiduciary’s</i> name and address. You also have the opportunity to check a box to indicate whether and when you filed Form 1041-T, Allocation of Estimated Tax Payments to Beneficiaries (Under Code Section 643(g)).\r\n\r\nBy checking Part I, Box D of Schedule K-1, you tell the beneficiary that he or she now has credit for additional tax payments, even though the trustee originally paid them on behalf of the trust.\r\n\r\nCode Section 643(g) allows you to assign estimated taxes paid by the trust or estate to individual beneficiaries in the final year of the trust or estate. Because the trust won’t owe any tax in its final year, it doesn’t need the estimated tax payments.\r\n\r\nForm 1041-T may only be filed in the final year of the trust or estate, is irrevocable, and must be made on or before the 65th day of the year following the end of the trust or estate’s tax year. If you’ve made a Code Section 643(g) election and allocated the estimated taxes, you have to check Box E to indicate it’s the final year of the trust or estate.\r\n<h2 id=\"tab2\" >Part II: Information about the beneficiary</h2>\r\nSchedule K-1, Part II is about as simple as it gets. On line F, put in the beneficiary’s TIN, and on line G, fill in the beneficiary’s name and address.\r\n\r\nIn Box H, choose between a domestic or foreign beneficiary, whichever applies. If the beneficiary lives in the U.S., no further information is necessary. If the beneficiary resides in a foreign country, you may want to consult with a tax advisor who can check the foreign tax treaties involved and make sure you’re not required to withhold U.S. income taxes on distributions to this beneficiary.","blurb":"","authors":[],"primaryCategoryTaxonomy":{"categoryId":34278,"title":"Estate Planning","slug":"estate-planning","_links":{"self":"//dummies-api.coursofppt.com/v2/categories/34278"}},"secondaryCategoryTaxonomy":{"categoryId":0,"title":null,"slug":null,"_links":null},"tertiaryCategoryTaxonomy":{"categoryId":0,"title":null,"slug":null,"_links":null},"trendingArticles":null,"inThisArticle":[{"label":"Part I: Information about the estate or trust","target":"#tab1"},{"label":"Part II: Information about the beneficiary","target":"#tab2"}],"relatedArticles":{"fromBook":[],"fromCategory":[{"articleId":256933,"title":"Last Will and Testament Probate Process","slug":"last-will-and-testament-probate-process","categoryList":["business-careers-money","personal-finance","estate-planning"],"_links":{"self":"//dummies-api.coursofppt.com/v2/articles/256933"}},{"articleId":209411,"title":"Wills and Trusts Kit For Dummies Cheat Sheet","slug":"wills-trusts-kit-for-dummies-cheat-sheet","categoryList":["business-careers-money","personal-finance","estate-planning"],"_links":{"self":"//dummies-api.coursofppt.com/v2/articles/209411"}},{"articleId":209202,"title":"Wills & Estate Planning For Canadians For Dummies Cheat Sheet","slug":"wills-estate-planning-for-canadians-for-dummies-cheat-sheet","categoryList":["business-careers-money","personal-finance","estate-planning"],"_links":{"self":"//dummies-api.coursofppt.com/v2/articles/209202"}},{"articleId":208475,"title":"Estate Planning For Dummies Cheat Sheet","slug":"estate-planning-for-dummies-cheat-sheet","categoryList":["business-careers-money","personal-finance","estate-planning"],"_links":{"self":"//dummies-api.coursofppt.com/v2/articles/208475"}},{"articleId":207998,"title":"Estate & Trust Administration For Dummies Cheat Sheet","slug":"estate-trust-administration-for-dummies-cheat-sheet","categoryList":["business-careers-money","personal-finance","estate-planning"],"_links":{"self":"//dummies-api.coursofppt.com/v2/articles/207998"}}]},"hasRelatedBookFromSearch":false,"relatedBook":{"bookId":0,"slug":null,"isbn":null,"categoryList":null,"amazon":null,"image":null,"title":null,"testBankPinActivationLink":null,"bookOutOfPrint":false,"authorsInfo":null,"authors":null,"_links":null},"collections":[],"articleAds":{"footerAd":"<div class=\"du-ad-region row\" id=\"article_page_adhesion_ad\"><div class=\"du-ad-unit col-md-12\" data-slot-id=\"article_page_adhesion_ad\" data-refreshed=\"false\" \r\n data-target = \"[{&quot;key&quot;:&quot;cat&quot;,&quot;values&quot;:[&quot;business-careers-money&quot;,&quot;personal-finance&quot;,&quot;estate-planning&quot;]},{&quot;key&quot;:&quot;isbn&quot;,&quot;values&quot;:[null]}]\" id=\"du-slot-65246a0f2e93e\"></div></div>","rightAd":"<div class=\"du-ad-region row\" id=\"article_page_right_ad\"><div class=\"du-ad-unit col-md-12\" data-slot-id=\"article_page_right_ad\" data-refreshed=\"false\" \r\n data-target = \"[{&quot;key&quot;:&quot;cat&quot;,&quot;values&quot;:[&quot;business-careers-money&quot;,&quot;personal-finance&quot;,&quot;estate-planning&quot;]},{&quot;key&quot;:&quot;isbn&quot;,&quot;values&quot;:[null]}]\" id=\"du-slot-65246a0f2f230\"></div></div>"},"articleType":{"articleType":"Articles","articleList":null,"content":null,"videoInfo":{"videoId":null,"name":null,"accountId":null,"playerId":null,"thumbnailUrl":null,"description":null,"uploadDate":null}},"sponsorship":{"sponsorshipPage":false,"backgroundImage":{"src":null,"width":0,"height":0},"brandingLine":"","brandingLink":"","brandingLogo":{"src":null,"width":0,"height":0},"sponsorAd":"","sponsorEbookTitle":"","sponsorEbookLink":"","sponsorEbookImage":{"src":null,"width":0,"height":0}},"primaryLearningPath":"Solve","lifeExpectancy":"Six months","lifeExpectancySetFrom":"2022-12-21T00:00:00+00:00","dummiesForKids":"no","sponsoredContent":"no","adInfo":"","adPairKey":[]},"status":"publish","visibility":"public","articleId":190701},{"headers":{"creationTime":"2017-03-26T21:02:13+00:00","modifiedTime":"2024-10-09T19:43:50+00:00","timestamp":"2024-10-09T21:01:03+00:00"},"data":{"breadcrumbs":[{"name":"Business, Careers, & Money","_links":{"self":"//dummies-api.coursofppt.com/v2/categories/34224"},"slug":"business-careers-money","categoryId":34224},{"name":"Personal Finance","_links":{"self":"//dummies-api.coursofppt.com/v2/categories/34273"},"slug":"personal-finance","categoryId":34273},{"name":"Estate Planning","_links":{"self":"//dummies-api.coursofppt.com/v2/categories/34278"},"slug":"estate-planning","categoryId":34278}],"title":"How to Pay a Trust's Expenses","strippedTitle":"how to pay a trust's expenses","slug":"how-to-pay-a-trusts-expenses","canonicalUrl":"","检指数擎提升":{"metaDescription":"Learn about the various expenses you're responsible for paying as a trustee, including fees, accounting fees, and taxes.","noIndex":0,"noFollow":0},"content":"In addition to making payments to the beneficiaries, as trustee, you’re also responsible for paying the expenses you incur in administering the trust. The primary expenses include trustee’s fees, investment advice, accounting fees, and taxes.\r\n<h3>Trustees’ fees</h3>\r\nA trustee’s fee is the amount the trust pays to compensate the trustee for his or her time. There is no set trustee’s fee. You can choose to base it on a small percentage of the market value of the assets plus a percentage of the income earned by the trust. You may opt to calculate the number of hours you spend and bill by the hour. You may even charge a flat fee, which is more like an honorarium. What you may not do is overcharge.\r\n\r\nTrustee fees are an income tax deduction for the trust but taxable income to you. You must declare these fees on your Form 1040,<b> </b>where you place them on line 21, Other Income. If you’re a professional trustee, this income is also subject to Self-Employment Tax. Otherwise, it’s income taxable only.\r\n<p class=\"Remember\">Trustee fees are typically paid both from principal and income so as not to burden either side unduly.</p>\r\n\r\n<h3>Investment advice in a trust</h3>\r\nInvestment advice is deductible to the trust minus the <a href=\"//www.investopedia.com/terms/h/haircut.asp\" target=\"_blank\" rel=\"noopener\">2 percent haircut</a> to which miscellaneous itemized deductions are subject.\r\n<h3>Trust's accounting fees</h3>\r\nUnless you’re preparing Form 1041<b> </b>by yourself, you also have to pay accounting or tax preparation fees. You may choose to pay these from income or principal, or a combination of the two. Accounting fees in a trust are usually charged on an hourly basis or on the complexity of the returns being prepared, and are fully deductible.\r\n<h3>Taxes in a trust</h3>\r\nState and local income taxes, real estate taxes, and personal property taxes are all deductible if paid by the trust on trust obligations. So, if the trust owns real estate, it gets to deduct those taxes. If, on the other hand, the trust pays the real estate taxes on property owned by the income beneficiary, the trust has actually made a distribution to the beneficiary. Here are some important things to keep in mind:\r\n<ul class=\"level-one\">\r\n \t<li>\r\n<p class=\"first-para\">If the trust is only paying a capital gains tax, you pay that from principal.</p>\r\n</li>\r\n \t<li>\r\n<p class=\"first-para\">If the trust is accumulating income, you pay the entire tax from principal because the accumulated income is transferred to principal at the end of each year and becomes part of the principal.</p>\r\n</li>\r\n \t<li>\r\n<p class=\"first-para\">On occasion, when you don’t transfer accumulated income to principal, you pay taxes on the ordinary income of the trust from the income side, and the capital gains taxes from the principal side.</p>\r\n</li>\r\n</ul>\r\nTo the extent that income is available in the trust to pass out to a beneficiary, that tax payment becomes an income distribution, and the beneficiary will receive a Schedule K-1 from the trust.\r\n<p class=\"Remember\">Unlike individuals, who may deduct state sales taxes rather than state income taxes, state sales tax deductions aren’t available for trusts. After all, trusts don’t buy anything except for services, and those services typically aren’t subject to sales tax.</p>","description":"In addition to making payments to the beneficiaries, as trustee, you’re also responsible for paying the expenses you incur in administering the trust. The primary expenses include trustee’s fees, investment advice, accounting fees, and taxes.\r\n<h3>Trustees’ fees</h3>\r\nA trustee’s fee is the amount the trust pays to compensate the trustee for his or her time. There is no set trustee’s fee. You can choose to base it on a small percentage of the market value of the assets plus a percentage of the income earned by the trust. You may opt to calculate the number of hours you spend and bill by the hour. You may even charge a flat fee, which is more like an honorarium. What you may not do is overcharge.\r\n\r\nTrustee fees are an income tax deduction for the trust but taxable income to you. You must declare these fees on your Form 1040,<b> </b>where you place them on line 21, Other Income. If you’re a professional trustee, this income is also subject to Self-Employment Tax. Otherwise, it’s income taxable only.\r\n<p class=\"Remember\">Trustee fees are typically paid both from principal and income so as not to burden either side unduly.</p>\r\n\r\n<h3>Investment advice in a trust</h3>\r\nInvestment advice is deductible to the trust minus the <a href=\"//www.investopedia.com/terms/h/haircut.asp\" target=\"_blank\" rel=\"noopener\">2 percent haircut</a> to which miscellaneous itemized deductions are subject.\r\n<h3>Trust's accounting fees</h3>\r\nUnless you’re preparing Form 1041<b> </b>by yourself, you also have to pay accounting or tax preparation fees. You may choose to pay these from income or principal, or a combination of the two. Accounting fees in a trust are usually charged on an hourly basis or on the complexity of the returns being prepared, and are fully deductible.\r\n<h3>Taxes in a trust</h3>\r\nState and local income taxes, real estate taxes, and personal property taxes are all deductible if paid by the trust on trust obligations. So, if the trust owns real estate, it gets to deduct those taxes. If, on the other hand, the trust pays the real estate taxes on property owned by the income beneficiary, the trust has actually made a distribution to the beneficiary. Here are some important things to keep in mind:\r\n<ul class=\"level-one\">\r\n \t<li>\r\n<p class=\"first-para\">If the trust is only paying a capital gains tax, you pay that from principal.</p>\r\n</li>\r\n \t<li>\r\n<p class=\"first-para\">If the trust is accumulating income, you pay the entire tax from principal because the accumulated income is transferred to principal at the end of each year and becomes part of the principal.</p>\r\n</li>\r\n \t<li>\r\n<p class=\"first-para\">On occasion, when you don’t transfer accumulated income to principal, you pay taxes on the ordinary income of the trust from the income side, and the capital gains taxes from the principal side.</p>\r\n</li>\r\n</ul>\r\nTo the extent that income is available in the trust to pass out to a beneficiary, that tax payment becomes an income distribution, and the beneficiary will receive a Schedule K-1 from the trust.\r\n<p class=\"Remember\">Unlike individuals, who may deduct state sales taxes rather than state income taxes, state sales tax deductions aren’t available for trusts. After all, trusts don’t buy anything except for services, and those services typically aren’t subject to sales tax.</p>","blurb":"","authors":[],"primaryCategoryTaxonomy":{"categoryId":34278,"title":"Estate Planning","slug":"estate-planning","_links":{"self":"//dummies-api.coursofppt.com/v2/categories/34278"}},"secondaryCategoryTaxonomy":{"categoryId":0,"title":null,"slug":null,"_links":null},"tertiaryCategoryTaxonomy":{"categoryId":0,"title":null,"slug":null,"_links":null},"trendingArticles":null,"inThisArticle":[],"relatedArticles":{"fromBook":[],"fromCategory":[{"articleId":256933,"title":"Last Will and Testament Probate Process","slug":"last-will-and-testament-probate-process","categoryList":["business-careers-money","personal-finance","estate-planning"],"_links":{"self":"//dummies-api.coursofppt.com/v2/articles/256933"}},{"articleId":209411,"title":"Wills and Trusts Kit For Dummies Cheat 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