Now’s the time to start creating your retirement nest egg. According to the U.S. Department of Labor, approximately 30 percent of eligible workers do not participate in their companies’ 401K-type retirement plan. And those that do participate may be making some significant mistakes that could have negative consequences in preparing for retirement.
Last year, an estimated 90 million individuals owned mutual funds – a number that has remained steady over the past decade despite recent market ups and downs. What accounts for their enduring popularity? The answer is simple: Mutual funds are uniquely designed to help investors accomplish a broad range of financial goals.
If you were to ask executives of early-stage South Carolina businesses what would make it easier for them to raise capital, the answer would likely be: Access to investors. What they mean is that they need access to individuals interested in supporting South Carolina businesses but who also have the capital to make that investment. Enter South Carolina House Bill 4799.
Very few of the 15,000 business owners in Greenville – much less the 70,000 in all of South Carolina – have a realistic idea of what their business is worth. This knowledge is not only essential to selling a business; it can also provide a marker for gauging the ongoing success of your business while you are operating it.
The new year brings new opportunities for the real estate community and those who own commercial property in South Carolina. The impact of the recently released South Carolina Abandoned Buildings Revitalization Act will allow a South Carolina tax credit for up to 25 percent of the expenses incurred to redevelop an abandoned building.
The recent market volatility should lead investors to pause and examine economic fundamentals and market psychology.