Brexit Stage Left

Brexit Stage Left

The financial news scrolling across computers, tablets, and smartphones leaves investors wondering what the UK vote to exit the European Union, “EU”, means. The markets and Prime Minster Cameron seemed very confident the vote would result in the UK staying in the EU....
Brexit Stage Left

Qualified Protection

You might be surprised to learn that your pension and IRA assets are protected from fraud, malfeasance and sly predation by an entirely different government agency than your taxable and brokerage accounts.  Under the Investment Advisers Act of 1940, the Securities and...
Brexit Stage Left

Bogus IRS Calls

Most people have seen bogus emails purported to be from the executors of the estate of Nigerian princes or other obscure foreign notables who want to give them millions of dollars, and sometimes they get bogus calls telling them they can win a lottery sweepstakes or...

Avoiding the Pain

There’s no question that we experience emotional pain and anxiety when our portfolios are losing money due to market downturns.  Behavioral scientists tell us that we feel losses twice as keenly as positive returns. But that doesn’t tell us what we really want to...

Where You Hang Your Hat

Your state domicile impacts multistate taxation   Michael lives in New York and Florida. Melissa lives in California and Utah. Whether they are taxed in both states depends on a number of factors. Here’s an overview of the complex concepts that affect multistate...

The Good Side of Bad Markets

After the recent downturn in the U.S. and global stock markets, you can be pardoned if you wished that the markets were a bit tamer.  Wouldn’t it be nice to get, say, a steady 4% return every year rather than all these ups and downs?   Be careful what you wish...