It took Warren Buffett 20 months to sell his home—how to avoid that same fate
Homeowners on the West Coast typically won’t have much trouble off-loading their properties in today’s market. Unless, apparently, they’re Warren Buffett. The iconic investor and Berkshire Hathaway BRK.A, +0.65% chairman struggled for more than 1.5 years to sell his home in the gated community Emerald Bay, near Laguna Beach, Calif. But he finally did so, […]
10 Things Everyone Must Know About Taxes
FILING TAXES CAN FEEL daunting, regardless of your income bracket, filing status or familiarity with current rules and regulations. Fortunately, getting important documents prepped and learning basic concepts, including how taxes are assessed and collected, can help make the process easier to navigate. After all, even if taxes aren’t your favorite subject, failing to understand […]
How Does Your Net Worth Compare to Other People Your Age?
It’s challenging to paint a picture of your overall financial health, because there are so many factors involved. How much do you have saved for retirement? How much debt are you carrying? Do you have an emergency fund? The one figure many people point to, though, is your net worth — that is, what you […]
After Hurricane Michael, what homeowners need to know about disaster insurance
Homeowners picking up the pieces from Hurricane Michael will quickly learn an important lesson: not all hurricane-related damage is covered by home insurance. Before making landfall Wednesday, Michael rapidly intensified to an extremely strong storm packing 155 mile-per-hour winds, just shy of Category 5 status. The storm ranked as the third-most intense hurricane to hit […]