Penny Stocks: Why You Should Always Stay Away

Plus: Use This Financial Health Checklist If You Own a Small Business. Prosper with Kiplinger's daily digest of timely, trusted advice [View in browser]( [Prosper with our daily digest of timely, trusted advice]( AUGUST 21, 2021 [Penny Stocks: Why You Should Always Stay Away]( With the exception of some large foreign firms, investors should generally avoid stocks that trade over-the-counter. Plus: [Make a Shopping List for Stocks]( [READ MORE]( [13 Tax Breaks for Homeowners and Home Buyers]( Owning (or buying) a home is expensive. But at least there are some tax deductions, credits, and exclusions that can help you recoup some of those costs. Plus: [Is Your Home Insured Against Disaster? Better Check]( [READ MORE]( SPONSORED CONTENT FROM VANGUARD PERSONAL ADVISOR [Custom Strategies to Help Create More Income in Retirement]( [These are Your 3 Financial Advisors in Your Area]( Vanguard Personal Advisor Services® is built to provide you an ongoing collaboration with our professional advisors — no matter where you are. Our advisors are salaried and don't earn commissions, so they'll always put your best interests first. Take the first step with [Vanguard today](. [READ MORE]( [58-Year-Old Landlord Says Goodbye to Tenants]( Investment strategist Daniel Goodwin explains how Delaware Statutory Trusts (DSTs) are helping retirees find time and freedom. Here's one couple’s story of gaining their freedom by quitting the landlord biz – without paying a massive tax bill. Plus: [How to Fail as a Landlord]( [READ MORE]( [10 Best Marijuana Stocks to Buy Now]( Marijuana stocks have come to life in what has been a volatile 2021 for the industry. These are some of the best options in the space. Plus: [Perils and Profits of Cannabis Investing]( [READ MORE]( SPONSORED CONTENT FROM BETTERMENT [Impact Investing Without Sacrificing Performance]( Our Socially Responsible Investing helps you make an impact without sacrificing your performance goals. [Get started today](. [READ MORE]( [Financial Health Checklist for Small Business Owners]( Keeping your company up and running is more than a full-time job, so it’s easy to overlook some key steps toward keeping your company – and yourself – financially healthy. Financial planner Caroline Wetzel gives a rundown of items to keep a close eye on. Plus: [Small-Business Owners Can Be Divided into 2 Camps – Which Are You?]( [READ MORE]( [Taxes in Retirement: How All 50 States Tax Retirees]( We rated every state, plus Washington, D.C., on how retirees are taxed. We considered taxes on Social Security and other retirement income, tax exemptions for older residents, and the state's overall income, property and sales taxes. Plus: [8 Ways You Might Be Cheating on Your Taxes]( [READ MORE]( SPONSORED CONTENT FROM SMARTASSET [These are Your 3 Financial Advisors Near You]( [These are Your 3 Financial Advisors in Your Area]( Finding the right advisor that fits your needs doesn't have to be hard. SmartAsset's free tool matches you with fiduciary financial advisors in your area in 5 minutes. [READ MORE]( [Kiplinger] [Facebook]( [Twitter]( [LinkedIn]( Send this to a Friend. [Click here.]( | Not a Subscriber Yet? [Click here.]( All content ©2021 The Kiplinger Washington Editors 1100 13th Street, NW, Suite 1000 Washington, D.C. 20005 Thank you for subscribing to Kiplinger Today, a free daily e-newsletter that helps you profit and prosper from the best of Kiplinger's advice on investing, taxes, retirement, personal finance and much more. If you ever wish to stop receiving this daily service, please [click here to unsubscribe](.