Now that I’ve shared the 2025 S&P 500 target price forecast, let’s dive into housing price forecasts for 2025. The outlook from housing analysts is positive, with expected gains ranging from -0.4% to 10.8%, and an average of about 3%. The only negative housing price forecast comes from Moody’s, which predicts a slight decline of -0.4% largely … Read more
There’s a lot of enthusiasm for Roth IRA conversions and Mega Backdoor Roth IRAs—and for good reason. Paying taxes upfront on your retirement accounts can be a savvy move, especially if you’re in a mid-to-lower federal income tax bracket, as it allows for tax-free withdrawals in the future. That said, thanks to the latest standard … Read more
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Masayoshi Son’s SoftBank Group swung to a ¥1.2tn ($7.8bn) profit in its latest quarter, driven by a string of successful initial public offerings in India and better tech valuations. The company’s results easily beat analysts’ … Read more
As the season changes, a new budget has been announced by the government. Despite rumours of a Capital Gains Tax (CGT) increase for second homeowners, on the 30th of October 2024, Chancellor Rachel Reeves declared that the rate for CGT on residential properties will not change. The Capital Gains Tax rates for residential properties will … Read more
Considering how few people ever have to pay it, there’s always a lot of worry and political noise about capital gains tax on shares. Capital gains tax (CGT) falls due on investments you sell for a profit in any given tax year, unless: The asset is sheltered in your ISAs or pensions. Your gains can … Read more
