An old rule of thumb when it comes to investing is that markets drop more quickly than they rise. Panic strikes suddenly, but optimism creeps in over time. That leads to situations like the most… Read More
Tax Planning and Children: Tax Issues in Holding Assets for Your Kids
In last week’s blog post, I covered the various options for holding assets meant to benefit your child. This week, we’ll take a look at the tax planning issues surrounding assets held for or by… Read More
Financial Account for Your Child: Understand Your Options
Most parents who can do so provide significant financial support to their children at some point. The goal may be to pay for private school or help out with college, or set aside money for… Read More
Understanding An Advisor’s Investment Track Record
If you’re considering working with a financial advisor, at some point, you’ll probably discuss the advisor’s investment track record. Most advisors aren’t going to offer a public track record of how they’ve done because unlike… Read More
Market History and the Return on Everything – How Should You Invest?
I was listening to a podcast recently with Ray Dalio, founder of Bridgewater Associates, one of the largest and most successful hedge funds in the world. A theme Dalio returned to several times was the… Read More
New Tax Bill: Will the Tax Code Changes Save You Money?
If you’ve followed the news about the new tax bill, you may have noticed that in an attempt to answer the question “Will it save me money?” writers are resorting to offering a varied group… Read More
The Most Important Thing: A Great Investing Book for the Holidays
If you study something intently enough, your views will evolve and investing is no exception. After college, I read a number of books on investing from authors like Peter Lynch, Joel Greenblatt and Burton Malkiel…. Read More
Tax Loss Harvesting – Another Free Lunch?
Had Harry Markowitz thought about it, he probably would have considered tax loss harvesting a free lunch. Markowitz was a seminal figure in the academic study of investing, and he famously called diversification the only… Read More
Looking After Elderly Parents: A Checklist to Help Organize Their Finances
A few weeks ago, I wrote a post detailing a framework you can use if you are looking after elderly parents and need to help them stay on top of their financial situation. For this… Read More
Caring for Aging Parents: When Your Parent is Reluctant to Accept Help
An aged man is but a paltry thing, A tattered coat upon a stick, unless Soul clap its hands and sing, and louder sing For every tatter in its mortal dress – WB Yeats, Sailing… Read More