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3 days ago | 
forbes.com | Cicely Jones
As we wrap up tax season, I’m reminded of a mistake I’ve seen multiple people fall victim to: incorrect reporting of cost basis. Cost basis is the adjusted value of the security when you originally acquired it. Basically, it’s the money you’ve likely already paid taxes on. Occasionally, when assets transfer from one institution to another, something might get lost in translation. When this happens, financial institutions often default to a cost basis of $0.
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3 weeks ago | 
forbes.com | Cicely Jones
Last week, I spoke with an investor who said, “I heard you’re supposed to have international investments in your portfolio, but the United States investments are just so much stronger performers, so I got rid of all my international stocks.”Many people all over the world have what’s referred to as home bias, where a disproportionately high amount of their stock portfolio is in their home country.
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4 weeks ago | 
forbes.com | Cicely Jones
Due to the high government deficit, the topic of privatizing certain government functions, like education and healthcare, have been increasingly discussed. Privatization essentially means moving from government ownership to private ownership. The idea behind pushing this is to lessen the financial burden on the government while promoting efficiency and economic growth. Here are the potential impacts of privatization and what a move toward privatization could mean to individual investors.
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1 month ago | 
forbes.com | Cicely Jones
Consider the following: you leave your employer and opt to leave your 401(k) as is as you transition into your new role. Then, let’s say your employer updates their business name and transitions to a new investment provider over the course of a few years. As time goes on, let’s say you move to a new home.
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1 month ago | 
forbes.com | Cicely Jones
Lately, I’ve seen a lot of people stay in marriages with financially irresponsible partners after the love has gone because they are worried about what it would cost them to get divorced.
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1 month ago | 
flipboard.com | Cicely Jones
1 hour agoMessages sent by celebrity auctioneer Charles Hanson to his wife amount to a "set of confessions" to the charges against him, a prosecutor said. In his closing speech to jurors at Derby Crown Court on Wednesday, Stephen Kemp said the WhatsApp correspondence - including one in which Hanson promised …
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2 months ago | 
forbes.com | Cicely Jones
In an age where we are more connected than ever, many people struggle to find lasting love. I have friends who go on multiple dates per week with no luck. I also see those who enter early stages of dating and are shocked by the change in their spending patterns. This is the financial cost of the pursuit of love, and some ways to create connections without added financial strain.
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2 months ago | 
finance.einnews.com | Cicely Jones
Couple hitting it off on a first dategetty In an age where we are more connected than ever, many people struggle to find lasting love. I have friends who go on multiple dates per week with no luck. I also see those who enter early stages of dating and are shocked by the change in their spending patterns. This is the financial cost of the pursuit of love, and some ways to create connections without added financial strain.
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Jan 24, 2025 | 
forbes.com | Cicely Jones
I was recently speaking with a woman who is in committed relationship, but there is a significant asset and income disparity between her and her partner. She wants to take the next step in their relationship but worries about all the legal and financial ramifications that come with marriage, so we discussed the possibility of a domestic partnership. Here are the financial and practical considerations in choosing between marrying your partner and choosing a domestic partnership.
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Jan 24, 2025 | 
finance.einnews.com | Cicely Jones
Couple in a committed relationshipgettyI was recently speaking with a woman who is in committed relationship, but there is a significant asset and income disparity between her and her partner. She wants to take the next step in their relationship but worries about all the legal and financial ramifications that come with marriage, so we discussed the possibility of a domestic partnership.
