Earlier this month, the Bureau of Labor Statistics reported that 235,000 new jobs were created in February. Continue reading
What financial information should I be paying attention to?
I am occasionally asked by a prospective client to cut to the chase and give investment advice. They want to skip planning and jump right into portfolio design. There’s a fairly common perception that has been communicated by Wall Street and the media that our profession is more akin to TV celebrity Jim Cramer, who hosts Mad Money. Generally speaking, my experience has been that successful investing is goal-focused and planning-driven, while most of the failed investing I’ve observed has been market-focused and performance-driven. Continue reading
By DANNY WOOD |Investor’s Column
March 20, 2017
Confidence in future economic strength is on rise
November is National Long-term Care Insurance Awareness month, so in memory of my father who had Alzheimer’s, I thought I’d dedicate an article to this important subject. What is the cost of long term care insurance? As always in any complicated transaction – the answer is always “It depends”. There are four primary determinants that I will address: Which company, What type of policy, the Owner’s personal factors and how much coverage.
I’ve written fairly extensively over the past year about investing in expensive markets. If you believe, as I do, that the next five years may produce lower returns, then managing frictional costs becomes even more important. As we move quickly towards the year end of 2016 I thought I’d focus my efforts today on some strategies you can employ to increase the tax efficiency in your portfolio. Continue reading