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Eric Reed

Retirement and Investing Expert

Eric Reed is a freelance journalist who specializes in economics, policy and global issues, with substantial coverage of finance and personal finance. He has contributed to outlets including The Street, CNBC, Glassdoor and Consumer Reports. Eric’s work focuses on the human impact of abstract issues, emphasizing analytical journalism that helps readers more fully understand their world and their money. He has reported from more than a dozen countries, with datelines that include Sao Paolo, Brazil; Phnom Penh, Cambodia; and Athens, Greece. A former attorney, before becoming a journalist Eric worked in securities litigation and white collar criminal defense with a pro bono specialty in human trafficking issues. He graduated from the University of Michigan Law School and can be found any given Saturday in the fall cheering on his Wolverines.

Posts by Eric Reed:

by Eric Reed Sep 02, 2021

In some circumstances you can get a deduction or credit on your federal income taxes for taxes that you’ve paid to other non-U.S. governments. The foreign tax credit is one of these cases. If you live overseas, work overseas or otherwise do business outside of the U.S., it’s an important part of the tax code to know about. To understand your options for reducing your tax liabilities, whether your income is generated domestically or not, speak with a financial advisor. Read more

by Eric Reed Jan 18, 2022

Expat taxes aren’t easy. They depend on what you do for a living. They depend on where you do it, what taxes the local government charges, where you hold investments, which passports you hold and much more. For Americans who live overseas, however, the foreign earned income exclusion is a critical part of your annual filings. Here’s how it works. Given the complexity of expat taxes, it’s only prudent to work with a financial advisor on your taxes. Read more

by Eric Reed Aug 27, 2021

Many people have a vested interest in the success of a company. If you own a portion of it, you want it to succeed because then you get a cut of the profits. Folk like that are called “shareholders.” If you have a financial interest in the company other than ownership, say you work for it, you still want it to succeed. Everyone who wants the corporation to succeed is called a “stakeholder.” Not every stakeholder is a shareholder. Here are the details. Consider working with a financial advisor, whether you are a stakeholder or a shareholder. Read more

by Eric Reed Aug 24, 2021

Pay yourself first, sometimes referred to as “reverse budgeting,” is a form of budgeting that is built around your individual financial goals. Your budgeted expenses are then structured around what’s… Read more

by Eric Reed Aug 23, 2021

Microsoft is one of the highest profile stocks on the market. Although not necessarily the highest performing tech stock out there,  as it has fallen behind the FAANGs in that contest, there are few… Read more

by Eric Reed Aug 23, 2021

Mint by Intuit is one of the most popular free personal finance apps among a wide array of such apps on the market. It lets you link all your accounts and can perform such tasks as reminding you when… Read more

by Eric Reed Aug 23, 2021

Short interest measures how many shares of a specific stock are the object of investors’ negative outlook. These “short shares” have been borrowed by investors to sell and have not yet been… Read more

by Eric Reed Aug 19, 2021

Activist investors have steadily carved out a niche for themselves, establishing investment portfolios built around social and political goals. For example, activist investors made the news recently… Read more

by Eric Reed Aug 19, 2021

When you set up an investment portfolio, it’s essential to have a strategy. That doesn’t have to mean complexity. You can make plans as simple as “minimize risk” or “save for retirement.” In fact,… Read more

by Eric Reed Aug 19, 2021

Passive income can supplement the money you make from your job, compounding your finances and helping you build wealth more quickly. Or it can free up time in your schedule. On the other hand, it can… Read more

by Eric Reed Aug 18, 2021

Nearly half of all Americans depend on secondary work to get by. This is largely hidden from BLS and Census bureau data. According to the Census, 7.8% of Americans work more than one job. Having… Read more

by Eric Reed Jul 19, 2021

Do prices return to some sort of normal? Will housing prices naturally come back down, and the price of blockchain tokens stabilize? Do stock prices always bounce back after a crash, or is there even… Read more

by Eric Reed Jul 19, 2021

Custodial accounts allow you to manage finances for a child or other minor. Usually these types of accounts are set up by a parent, relative or guardian on behalf of a family member, although this… Read more

by Eric Reed Jul 19, 2021

Index funds minimize risk by tracking a market metric, like the S&P 500 or a specific industry as a whole. Hedge funds maximize profits by taking high-risk positions and making investments that… Read more

by Eric Reed Jul 14, 2021

The strangle is an options strategy that you create out of multiple options contracts to maximize your upside while minimizing your risk. With the strangle, you generally believe you know which… Read more

by Eric Reed Jul 14, 2021

The straddle is an options trading strategy, so named for the shape it makes on a pricing chart; your position literally “straddles” the price of the underlying asset. With the straddle, you trade on… Read more

by Eric Reed Jul 14, 2021

Investors use many metrics to pick stocks. Some pursue certain industries, for example, while others invest based on price changes and trends. One common strategy is to focus your trading on either… Read more

by Eric Reed Jul 13, 2021

When you buy stock in a company, you hope that the underlying company will do well and cause the share price to rise. When you invest in an index fund, you hope the entire sector of the market that… Read more

by Eric Reed Jul 09, 2021

In the last few years, something called a special purpose acquisition company (SPAC), has become a popular way to raise capital. A SPAC, also known as a blank check company, bears some resemblance to… Read more

by Eric Reed Jul 14, 2021

The foreign currency market (“forex”) has a lot in common with the stock market. Both are speculative ways of investing, meaning that they offer higher risks and higher rewards than many other assets… Read more

by Eric Reed Apr 04, 2022

Investors tend to use the terms “stock” and “share” interchangeably, and usually that’s fine. A stock comes in shares and you buy a share of stock. But these ideas aren’t always interchangeable.… Read more

by Eric Reed Jul 08, 2021

Micro futures allow investors to trade against the stock market at large. They’re priced so that ordinary investors can afford to trade futures on the major market indices, which have otherwise… Read more

by Eric Reed Jul 06, 2022

Trusts and estates are the two main legal structures for transferring assets to your heirs and beneficiaries. Each works in critically different ways. Estates make a one-time transfer of your assets… Read more

by Eric Reed Jun 21, 2021

Exchange-traded funds (ETF) generally offer two strategies for investing. One approach emphasizes traditional capital gains growth. As products listed on an exchange, ETFs are highly liquid assets.… Read more

by Eric Reed Jun 21, 2021

The dividend record date establishes when shareholders are eligible to receive dividend payments. Anyone who owns shares before the record date will collect the dividend, while anyone who owns shares… Read more