As we face the COVID-19 pandemic, the fear throughout the world is palpable. Many investors are asking themselves the question – What if I lost my investments? In this blog post, Cal Brown addresses the question head-on.Read More
The yield curve inverted. So what?
What does it mean, and what should you do?
A yield curve is a plot of interest rates on bonds (typically U.S. Treasury bonds) of various maturity lengths. Some bonds mature in thirty days, some in three months, one year, two years, five years, ten years, on up to 30 years.Read More
There are a number of important decisions that most people must make when reaching their 60s. One, of course, is when to begin receiving Social Security benefits. Another has to do with Medicare. These two benefit programs, and their claiming strategies, are inextricably linked.Read More
Yes, that is Pease, not peace.
Donald Pease was a Congressman from Ohio who inserted a “stealth tax” into the Omnibus Reconciliation Act of 1990. The purpose of this Pease limitation was to raise revenue by limiting itemized deductions for high income earners.Read More
On Saturday Night Live in the late 1970s, Gilda Radner did a series of comedic vignettes as Roseanne Roseannadanna, who gave rambling answers to viewer questions. At some point in each one, she would say, “Well, Jane, it just goes to show you, it’s always something — if it ain’t one thing, it’s another.”Read More
You want to help your child buy a house, while ensuring that you do so in a tax-smart way. While you may have the best intentions, helping out in the wrong way can cause you or your child, or both, to lose tax benefits.
So, what’s the best way to assist your child in buying a home?
The good news is that there are several strategies for helping your child that also preserve tax benefits related to home ownership. Two considerations areRead More
“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 ExchangeRead More
A few days ago, I was surprised to read that the estate of former actor James Dean is suing Twitter because a fan is posting under the Twitter handle “@JamesDean.” I was surprised because James Dean died in 1955, and 59 years later his estate is STILL open! In fact, Forbes magazine reported in 2004 that Dean’s estate was earning about $5 million per year.
It’s not unusual for an estate to remain open. In my book When Life Strikes: WeatheringRead More
Whenever I hear anyone say, “Trust me,” my instincts are to run! It’s a sure sign the person cannot be trusted. How can you know whether to trust someone? More specifically, how can you as an investor gain the confidence to put your faith in a financial advisor?
Politics and religion are two subjects we generally avoid. But sometimes it is inevitable these topics become part of the conversation. For example, it is difficult to discuss the economy and markets,Read More
The answer, as with most tax and investment questions posed to advisors, is…it depends.
As many investors are aware, Congress and the Administration are negotiating tax law changes in light of the impending “fiscal cliff.” No one knows for sure what the new rates will be for 2013, so it is impossible at this point in time to make a definitive statement. We do know that beginning January 1, 2013 there will be a new 3.8% tax on investment income (includingRead More