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Stephanie Colestock

Personal Finance Expert

Posts by Stephanie Colestock:

by Stephanie Colestock Nov 15, 2022

Adding real estate to your investment portfolio can be an excellent way to generate strong returns and hedge against market downturns or inflation. If you’re not interested in purchasing and managing a property on your own, though, there are alternatives. Both REITs and platforms like Fundrise make real estate investing easier and more accessible to investors. However, while Fundrise may seem very similar to basic REITs, these two investment options have important differences to note. Here’s what you need to know. With all the options you have to invest in real estate assets, it may make a lot of sense to work with a financial advisor as you pick such securities. Read more

by Stephanie Colestock Nov 15, 2022

Adding real estate to your investment portfolio can be a smart way to diversify, boost returns and even hedge against the risk of inflation. When it comes to choosing how you’ll invest in real estate, though, there are a few options to choose from. Two of the most common real estate investment routes include rental property and real estate investment trusts (REITs). Like any investment, each of these offer their own pros and cons. Investing in real estate is undoubtedly an attractive proposition. Consider consulting with a financial advisor beforehand, though. Read more

by Stephanie Colestock Nov 15, 2022

Typically, you can expect to pay taxes when you earn your money when you spend your money and even when your money grows. However, you and your loved ones may also be expected to pay taxes on your money when you give it away or pass it down upon your death. Gift taxes and estate taxes are only applied if your bequeathed assets exceed a certain dollar amount. Here’s a look at what the unified tax credit is, how it relates to gift or estate taxes and who this credit impacts. Consider working with a financial advisor as you coordinate your estate planning and tax strategy. Read more

by Stephanie Colestock Nov 02, 2022

Passive investing is one of the most common strategies for increasing your income, growing your investment portfolio and building a healthy nest egg for the future.  Done right, it won’t have to take… Read more

by Stephanie Colestock Jul 12, 2022

An IRA, or individual retirement account, may already play an important role in your overall retirement plan. What you may not realize about this kind of tax-advantaged plan, however, is that you can… Read more

by Stephanie Colestock Apr 01, 2022

An employer’s benefits package may be one of the biggest draws when you take a new job. However, it’s important to know that not all of these benefits may be available to you right away. Even if you… Read more

by Stephanie Colestock Jan 12, 2022

Few of us would claim to be perfect with our money. We may save less than we planned, overspend on occasion or forgo the monthly budget on vacation. However, there are some financial habits that are… Read more

by Stephanie Colestock Dec 21, 2021

If your workplace doesn’t offer a retirement savings plan, such as a 401(k), you may be left wondering how you can adequately invest for the future. Thankfully, many states are now sponsoring auto… Read more

by Stephanie Colestock Dec 17, 2021

In addition to paying sales tax on the things you buy, you may also be required to pay taxes on its perceived fair market value later on. These personal and business taxes are assessed on certain… Read more

by Stephanie Colestock Dec 16, 2021

Most of us are at least familiar with the premise behind the Golden Rule. Essentially, it states that we are to treat others how we’d want to be treated. When it comes to the relationship between… Read more

by Stephanie Colestock Dec 16, 2021

When it comes to setting aside money for someone with special needs, there are a few important considerations to keep in mind. For instance, how do you provide for everyday needs and living expenses… Read more

by Stephanie Colestock Aug 19, 2022

Capital gains taxes can take a major bite out of your investment earnings if you don’t manage your portfolio specifically for them. The strategies that allow you to minimize the capital gains tax… Read more

by Stephanie Colestock Jan 24, 2022

In the process of saving for retirement, you’re likely to come across both 403(b) and IRA account options. While both of these can offer you similar benefits, there are some very important… Read more

by Stephanie Colestock Dec 02, 2021

Creating a strong investment portfolio means diversifying investments to hedge against volatility and loss. One way to do that, especially for investors who are unable to access hedge funds, is with… Read more

by Stephanie Colestock Oct 27, 2022

Federal Housing Administration (FHA) loans are a government-insurance mortgage product offered to qualified borrowers across the country. These loans, which are offered by private lenders and secured… Read more

by Stephanie Colestock Aug 29, 2022

An important part of estate planning is deciding who will get your assets when you pass away. This means naming primary and contingent beneficiaries on important accounts such as your life insurance… Read more

by Stephanie Colestock Nov 16, 2021

These days, bank accounts can do a lot. They make it easy for you to track your spending and receive transaction alerts, often in real-time. They allow you to transfer between accounts and even send… Read more

by Stephanie Colestock Nov 16, 2021

There are many different types of mortgage loans to consider when buying a home. One option is an FHA loan; for those who qualify, these government-insured mortgages can offer competitive terms and… Read more

by Stephanie Colestock Nov 12, 2021

Real estate investment trusts, or REITs, can be a great addition to a well-diversified portfolio. These investments offer a solution to those looking to benefit from real estate assets. However, they… Read more

by Stephanie Colestock Nov 12, 2021

Many investors find real estate investment trusts (REITs) to be a solid investment choice. These companies can provide passive income and long-term growth, without the typical requirements of owning… Read more

by Stephanie Colestock Nov 12, 2021

Whether we’re talking about acute medical care or long-term assistance, healthcare is one industry that has a tendency to remain in-demand through all market cycles. Healthcare REITs are one way for… Read more

by Stephanie Colestock Nov 12, 2021

For investors looking to diversify their portfolio, industrial REITs provide one possible option. These securities allow investors to buy into certain types of commercial real estate without… Read more

by Stephanie Colestock Nov 12, 2021

Whether you’re looking to diversify an investment portfolio, create passive income or simply want to invest in real estate without added hassle, real estate investment trusts (REITs) are often worth… Read more

by Stephanie Colestock Nov 10, 2021

When purchasing a home, there are a number of very important legal documents involved. Two such documents that you may encounter are a warranty deed and a deed of trust. A financial advisor could… Read more

by Stephanie Colestock Nov 10, 2021

When it comes to sharing ownership of a property with others, two frequently used options are joint tenancy and tenancy in common. While there are many similarities between the two, it’s important to… Read more