"Napkin Finance" Financial Literacy Website. Their motto is "Everything About Money in 30 Seconds or Less." Easily digested nuggets to increase your knowledge and understanding of investments and topics in finance.
Books and Videos
"There are worse crimes than burning books. One of them is not reading them."
-- Joseph Brodsky
Click on the picture of the book to find a selection of books
that we recommend for long-term investors, teens, and children.
Don't understand the difference between a broker and an investment adviser? Confused about the terms "suitable" versus "fiduciary duty" in investment advice? A brochure explaining these topics and more can be downloaded by clicking on the pdf icon. It has been jointly published as a public service by the CFA Institute, Financial Planning Association, Consumer Federation of America, Investment Adviser Association, and North American Securities Administrators Association.
Understanding Taxes. New website developed by IRS for students to learn tax system theory, history, principles, and even trivia. Excellent resource for adults, too!
Retirement Planner. The AICPA provides free interactive retirement planning tools at 360 Degrees of Financial Literacy. See how long your retirement funds will last under various assumptions.
wave Accounting Free cloud-based accounting program with dashboards, customizable reports, automatic backups, integrated payroll, and unlimited expense tracking. Best deal we have seen!
The Value Guysis an archive of radio programs on investing with no holds barred. They tell it like it is and deliver serious advice for serious investors in an entertaining way. Using Value Line for statistical information, they analyze and comment on the Value Line investment recommendations. What we like is the freedom to state true opinions without lawyers, supervisors, client reaction, etc. getting in the way. Find it at:The Value Guys.
Marginal Tax Rate CalculatorSmart Money has a marginal tax rate calculator that is very helpful. You need to know your marginal income tax bracket for each additional dollar of income to see if tax-free municipal bonds make sense for you.
Required Minimum DistributionsBankrate.com has a good calculator to estimate the required minimum distributions from your IRA based on your age and beneficiary. This is helpful in planning your liquidity needs inside your IRA (although you can always distribute securities in kind in lieu of taking cash.)
Identity Theft If you or someone you know is a victim of identity theft, the IRS has an excellent resource page where you can find helpful information. Links to credit bureaus, contact information for the IRS Identity Protection Specialized Unit, and Form 14039 IRS Identity Theft Affidavit can be found there.