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.

08 Jul
July 08, 2015

Year-end and spring tax filing seasons are popular times to focus on your finances. A mid-year check doesn’t sound like the ideal way to spend your summer, but it is a great time to take stock of your situation.

Financial health becomes increasingly important as pensions get harder to come by and the future of Social Security is questionable. Early- and mid-career Americans will need to rely on their own savings to support themselves in retirement. Sometimes

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30 Jun
June 30, 2015

In most areas of our lives, the more information we get and the more up-to-the-minute it is, the better we can make decisions. However, in investing the opposite is true, which can sometimes be difficult for us to accept.

I’m not talking about the second-by-second blips on a Bloomberg terminal that traders use to make quick-twitch buys and sells. I’m talking about the news reports, cable TV investment reports, and investing articles that you’re bombarded with on a daily basis. The

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15 Jun
June 15, 2015

As the official first day of summer, June 21st, quickly approaches, many people have travel on their minds and schedules. Many of our clients hope to travel now and in retirement. Planning for a vacation is similar to planning for retirement; it is helpful to start early and be well organized from the beginning. If you are considering a vacation this summer, think about your budget, the timing of the trip, and items that could help make your vacation memorable

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26 May
May 26, 2015

“The desire of gold is not for gold. It is for the means of freedom and benefit.” – Ralph Waldo Emerson.

Radio and TV ads for buying gold tout the “get rich quick” theme and prey on the fears of those concerned about geo-political events. But they don’t talk much about the adverse tax consequences.

IS GOLD AN INVESTMENT?

By “gold,” the IRS means gold coins, gold bars, or gold bullion. This also includes Exchange

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08 May
May 08, 2015

There are a lot of scams that prey on elderly people. Sadly, the most common perpetrators of elder financial abuse are family members. The elderly are very susceptible to abuse in the earliest stages of cognitive decline. In fact, the inability to handle financial affairs is often the first sign. This is true often before the cause of the dementia (such as Alzheimer’s) is even identified. If you find yourself in the position of having to help a loved one

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