Savant Blog

Savant offers perspective on a variety of topics. Entries range from current events to timeless insights in the world of finance and investments.

18 Sep
September 18, 2014

Probably not!  Or at least don’t worry about the market.  Yes, I know the S&P 500 broke the 2000 level recently, and the Dow is back over 17,000.  And, while the NASDAQ has not yet recovered back to highs set in 2000, it too is within striking distance of setting a new high in coming months. 

The media certainly loves this stuff.  Why is that?  Easy…they need to write and sensationalize daily to keep your attention.  The market setting a new

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08 Sep
September 08, 2014

The ALS Ice Bucket Challenge spread like wildfire across social media. And while we saw many young people take the challenge, we have to wonder – did they comprehend the deeper idea behind donating to ALS, or did they just have fun dumping ice water over their heads? This thought led to an array of questions about the value of charitable giving and how to teach it at a young age to ensure it evolves into a habit and not

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05 Sep
September 05, 2014

By now everyone and their brother probably knows the pros of owning a Roth IRA, but what about other options? Yes, there are other ways to build your ideal future! Having a tax-free bucket of money can provide tax planning flexibility in retirement income strategies that allows you to live the retirement lifestyle you’ve always wanted.

While Roth IRAs are important retirement investing tools, they have restrictions on who can fund them in any given year.  For example, high income earners

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04 Sep
September 04, 2014

When we say prepared, we don’t mean you’ve read every published parenting book, mastered dirty diaper changing, or even found your natural ability to soothe upset babies. While those are still important aspects of being a parent, by prepared we mean financially. The cost of raising a child shows an exponential increase over time; in 2013, the U.S. Department of Agriculture (USDA) indicated the cost to raise a child, from birth to age 18, is approximately $245,340 for a middle-income family

Now,

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15 Aug
August 15, 2014

My interest in the island grew tremendously during the week I visited. On the last day of my vacation, I turned on the TV to check the news, and discovered an interesting trend that is occurring. There was an “invitation only” convention of the wealthiest Americans scheduled for the very next day. I discovered that the island was positioning itself to be a new tax haven in order to woo businesses and wealthy individuals there.  My curiosity had

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