Roth IRAs have become increasingly popular over the past several years because they provide tax-free growth and an opportunity to pass along the account to a spouse, children, or other loved one when the initial owner dies. However, the person who established the account must avoid certain mistakes to ensure their heirs don’t get stuck […]
Avoid These Mistakes When Passing Your Roth IRA to Heirs Read More »
Millennials, the generation of people born roughly between 1980 and 2000, often get a bad rap in the workplace by older workers who see them as entitled and lacking a work ethic. The truth is that people from approximately 19 to 39 years old work as hard as anyone else does. It’s just that they
Millennial Investors Prioritize Investments that Make a Social Impact Read More »
The term inflation refers to the rate at which the cost of purchasing goods or services is in a state of rising. It’s natural to expect inflation over time. However, it can become a problem for consumers and investors when an excessive degree of inflation impacts their purchasing power. Inflation rates in July 2019 rose
How to Protect Your Portfolio from the Effects of Inflation Read More »
There’s no question that launching a company requires a significant investment of cash, something that is in short supply for most new business owners. While you might prefer sole ownership of your new business, that might not be realistic from a financial standpoint. Selling company stock can be a viable alternative in this situation. However,
Raise Business Capital by Selling Company Stock Read More »
A conversation about money between parents and adult children or grandchildren can feel uncomfortable for everyone involved. However, it’s essential for family members to get past the initial reluctance and sit down to discuss wealth transfers from one generation to the next. This is the best way to ensure that the money one generation has
Transfer Family Wealth Seamlessly with These Tips Read More »
Although profits and earnings sound like they could describe the same thing, they have different meanings in the business world. Earnings, for example, typically refers to the bottom line on a company’s income statement. Breaking it down further, a company’s net earnings describes the amount it takes in after accounting for all expenses. With net
What are the Differences Between Profits and Earnings? Read More »
Regardless of the official age you declare yourself retired, planning a retirement investment strategy is crucial. We offer five steps below to help you along in the process. Consider Your Current Age and Desired Retirement Age The younger you are and the more years you have to retirement, the higher degree of risk you can
Our Five-Step Retirement Investment Plan for Any Age Read More »
A company’s liquid assets include anything that can be converted to cash. Although this can describe many things a company owns, the key to real liquidity is the speed in which it can sell the asset. Below are several examples of business asset types. Common Forms of Liquid Assets The most typical way that companies
How Liquid Assets are Vital to the Success of a Business Read More »
While a company’s profit margin is an excellent indicator of its financial health, it’s important to consider several other factors for the most accurate picture. At Aura Wealth, we recommend that clients consider the liquidity, operating efficiency, profitability, and solvency when determining if the company’s current status is good or it could benefit from some
What is the Best Way to Measure Your Company’s Financial Health? Read More »
No one can argue the benefits of saving as much money as possible. It gives you more financial assets when you retire, forces you to live off less income, and allows you to earn interest as your savings grow. However, setting money aside takes discipline and isn’t always an easy thing to do. We explore
Saving Money: Critical for a Healthy Financial Future Read More »
Ⓒ 2024 Aura Wealth Advisors LLC