Weekly Investor Update
Stock investors are assuming the debt ceiling problem would be resolved. Otherwise, stocks would have plunged this past week.
Managing Investment Risk Strategically Based On Facts And Experience
An investment’s risk is usually defined as its standard deviation. The financial press and investment marketers cannot be faulted for defining risk as standard deviation. Reducing the concept to a single statistic makes it easy to understand. However, standard deviation expresses only one aspect of investment risk. It totally misses the more important human component: how you will behave in reaction to your wealth disintegrating in a crisis like the 2008 global financial meltdown. That’s what really matters in managing wealth strategically.
A 2023 Tax Break For Small Business Owners
A 2023 Tax Break For Small Business Owners
With a recession more likely following the banking crisis in March, small business owners and those starting new businesses receive some relief from this new tax break that became effective in 2023.
Retirement Planning Basics, And Tips For 2023
Retirement Planning Basics, And Tips For 2023
Investments in Individual Retirement Accounts (IRAs) and other retirement accounts qualified under Federal law for tax advantages are the main source of funding retirement in America. The retirement financial system that the United States has built over many decades is a partnership between the U.S. government and private sector and it is unique to our free-enterprise capitalist system. Far from perfect, it’s complex but offers opportunities to build wealth and support a standard of living that is the envy of most of the rest of the world.
Tax And Financial Planning Are Not So Simple
If you are like most people, you probably wouldn’t feel comfortable performing surgery to remove your spouse’s appendix. You probably would not fix the brakes on the family car. You probably would not risk tutoring your child to prepare for the SATs.