Dec 2024
The worst investment and tax planning ideas for 2024 will be those you get in 2025! It’s too late to do much about them. As Ben Franklin quipped “Its better to strike a straight blow with a crooked stick than spend time trying to straighten it out first”. So here is a baker’s dozen checklist […]
read more...Nov 2024
Many believe that Medicare covers all healthcare expenses. It does not. And, health care expenses are significant enough that they warrant special attention as people transition into retirement. First, health care expenses are a large dollar amount. Second, they may come as a surprise because many people are not used to paying for health care […]
read more...Oct 2024
All widely followed asset classes (Cash, bonds, equities, real estate, and commodities) were up in Q3 as well as year to date. 2024 has been a strong stock market year to date, prompting questions like: “Will this outperformance of stocks last?” Or, “is the market set for a crash?” and similar sentiments. Clearly, people have […]
read more...Jul 2024
The investment markets continued to make gains in Q2. Four of the five asset classes we follow were higher in Q2. In Q2 the Dow Jones index hit 40,000 for the first time. It’s also noteworthy that the Dow is not heavily weighted by the “magnificent seven” and technology stocks. The media headlines focused on […]
read more...Jun 2024
Over the years, our investment portfolios can become needlessly complicated. But, they need not be – we believe that streamlined portfolios can be highly effective. And, there is little evidence to show that complicated portfolios perform consistently better than a streamlined portfolio. Streamlined portfolios have fewer “moving parts” which also allows investors to: • See […]
read more...May 2024
Sorting and filing important financial documents is challenging to so many investors. Keeping proper documentation is important. Having the right documents helps if you are audited. They also help if you want a loan, need to prove you own an asset or to support you in a lawsuit. Declutter your files to keep only essential […]
read more...Apr 2024
The financial markets continued to make strong gains in Q1 and the financial news remains upbeat most likely due to the continued strong performance. The strong US equity returns were driven by the so-called “Magnificent 7”. But we also know that though these are great profit making businesses, they also represent only a handful out […]
read more...Mar 2024
It’s March and by now most of you are in the midst of the tax filing season. Gathering the data and collating them for filing is tedious enough, but there is also the attending fear of making a mistake that triggers an IRS audit. We have summarized a few easy to address items that may […]
read more...Feb 2024
Whether you lose money in an investment or whether someone steals it from you – You lost money! Freezing your Credit reports is something you control to help to protect you from Identify theft. Cybersecurity is an important topic because cybercrime can be very harmful financially. At a very fundamental level there are three typical […]
read more...Jan 2024
After the strong financial markets of 2023, the Media will likely talk about how well many of the rich did last year. We believe most serious investors did quite well but more importantly, how so many investors can adopt their approach as well… if they desire to. The financial markets made strong gains in 2023 […]
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