Economic Growth and Tax Relief Reconciliation Act of 2001 (EGTRRA).

The Economic Growth and Tax Relief Reconciliation Act of 2001 (EGTRRA) was a federal law that was enacted in 2001. The law included a number of provisions that were designed to stimulate economic growth and provide tax relief to taxpayers. Some of the key provisions of the law included reducing the marginal income tax rates … Read more

Overweight Can Be Good for Your Portfolio.

Overweight can be good for your portfolio in two ways: 1) It can help you achieve your desired asset allocation. 2) It can increase your returns. Overweighting is when you allocate a greater percentage of your assets to a particular investment than what is represented in the index. For example, let’s say you have a … Read more

What is a debit?

A debit is an entry in the debit of an account, which implies a decrease in the balance in favor of the account holder. The debit is normally domiciled, and it is a payment instrument that allows payments to be made electronically and automatically. All this has to be done between legal entities and / … Read more