Finance news

Nobody likes taking a loss when selling stocks, but experts say now is the time to look at your portfolio and see if there are any investments that haven’t worked out as you hoped that might help you reduce your tax bill.Reviewing your portfolio and taking a look at what gains you’ve seen and how you might be able to offset them with any losses should be part of your year-end tax planning. Kris Kibler, tax planning lead at Wealthsimple, says if you are selling shares at a loss,

If you’re like most people, you’ve probably struggled with debt at one point or another and been told to make a plan to pay it off. But what does that mean? We’ll walk you through a simplified process, from understanding your debt to learning about the tools available to you and creating a budget, and ultimately, how to stay out of debt going forward. If you’re ready to get a handle on your finances, let’s get started.Key takeawaysUnderstand what types of debt

A few months ago, I wrote about trust, money and AI, and offered some thoughts on how we can use it without outsourcing our financial future to it.I use AI a fair bit in my day to day, and I work with several startups building in the space. I sit somewhere between skepticism and evangelism, which has led me to focus on responsible use. It feels like the appropriate middle ground, especially when it comes to money.I prefer not to think of it as the answer to everything, but I also don’t ind