IRA Contributions and Deductions Guide for Year 2021: Infographic

The contribution limits for various retirement plan accounts such as Traditional IRA, Roth IRA, etc. for 2021 are shown in the infographic below. In addition, the chart also shows the rules for deductions. As the deadline for tax filing for tax year 2020 approaches soon, this guide is a useful tool to plan for this …

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Checking on the Four Major Australian Banks

The four major Australian banks – Commonwealth Bank of Australia, Westpac, Australia and New Zealand Banking Group and National Australia Bank – have had a tough past few years. With most of the troubles over, some of these stocks are in recovery mode from the hard and deep slump. Let’s take a quick look at the performance so far this …

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Why Consider Adding Defense Stocks Now

One of the best sectors to own for the long-term is the defense sector. Defense stocks tend to be like consumer staples stocks. They perform well in both good and bad times. One reason is that similar to food and other consumer staple goods, defense is a necessary and integral part of developed countries especially …

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How Big Are The Big Five Tech Giants

The top five tech companies – Amazon.com Inc (AMZN), Apple(AAPL), Alphabet(GOOG) and Facebook(FB) Microsoft(MSFT) have enjoyed tremendous growth through the pandemic. Millions of people working from home and millions going online for shopping have helped these giants. The following charts shows the astonishing rise of these firms. Stock price growth since Dec 31, 2019: Click to enlarge   …

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