Judy Loy
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HAL 2025
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We are only in the first phases of the AI progression in 2019. As we approach the next decade, what can we expect from it over the next 20-plus years?
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Music to Your Ears
in Business Columns, Columns, Community & Entertainment, Local News, State College, StateCollege.com—
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Just like my musical tastes, a lot has changed in the music industry through the years. When I first listened to music, I would throw a vinyl record (LP) on and listen to it from start to finish. The album was king. Album sales in 1978 were $14.6 billion, with 63.7% coming through sales of…
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What to Do for Your Year-End Financial Planning
in Business Columns, Columns, Community & Entertainment, Local News, State College, StateCollege.com—
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The last quarter of the year brings fall, winter, Thanksgiving and Christmas. Besides the change of seasons and holiday celebrations, people can do several things to save themselves taxes in 2019 or set themselves up for a successful 2020.
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Let’s Talk About It
in Business Columns, Columns, Community & Entertainment, Local News, State College, StateCollege.com—
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When is it okay to discuss money? I would say it’s OK with close friends if you don’t compare yourself to others. All people have different circumstances, values and incomes, and that’s OK. And there are some key points when it’s important to honestly discuss finances with family and advisors
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401k vs. IRA
in Business Columns, Columns, Community & Entertainment, Local News, State College, StateCollege.com—
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401k plans are synonymous with employer retirement plans. While many types of employer plans exist (Simple IRA, Sep IRA and 403b), most employees call their retirement plan a 401k. Many people wonder if they should contribute to their 401k or an IRA. An IRA is an account setup by an individual with
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The Ins and Outs of a Roth IRA
in Business—
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WHAT IS A ROTH IRA? Let’s start with what a Roth IRA is. A Roth IRA is a mirror image of a traditional IRA. Money going into a Roth does not get a tax deduction, which means if you make $21,000 a year and put $1,000 in a Roth, you do not deduct…
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The Ins and Outs of a Roth IRA
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A Roth IRA is a mirror image of a traditional IRA and the real advantage of a Roth comes in retirement. When you begin pulling, qualified distributions are tax-free. All the growth will never be taxed.
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Facebook Challenges Bitcoin
in Business Columns, Business News, Columns, Community & Entertainment, Local News, Other, State College, StateCollege.com—
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By Judy Loy RICP®, ChFC® and CEO of Nestlerode & Loy, Inc. The biggest cryptocurrency, or digital currency, Bitcoin, has been around since 2009. While innovative, Bitcoin has been incredibly volatile. At its high, one Bitcoin was worth $20,089 U.S. dollars. It currently sits at about $10,269.13. It also has limited purchasing power. Companies that…
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The Demise of Shopping Malls
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As with any business area, retail continues to change with online, customization, rental and new players daily. Malls are feeling the pain, and many are no longer a destination for American shoppers.
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Understanding Municipal Bonds
in Business Columns, Columns, Community & Entertainment, Local News, State College, StateCollege.com—
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When discussing investing, many thoughts center on the next hot stock or the latest S&P 500 Index moves. However, if clients are conservative or closer to retirement, fixed income or bonds become a key part of most investors’ allocations.