Is this the right time to go off the grid?

Is this the right time to go off the grid?

The world is buzzing about the latest innovation by Elon Musk, founder of the Tesla battery-powered cars.  Soon you’ll be able to hang a 220-pound battery on the wall of your garage, hook it up to solar panels, and cut the electrical wires to your house.  The solar...
Is this the right time to go off the grid?

Advice to grow by

In case you were looking for interesting (and possibly life-changing) bits of advice, a website called Raptitude (subhead: “Getting better at being human”) is offering 67 different ideas on better ways to live.  The list includes interesting fusions of practical and...
Is this the right time to go off the grid?

Forrest’s Great Investment

If you watched the popular Forrest Gump movie, you may have noticed that moment when the perplexed young man opened his brokerage statement and noticed that a big chunk of his shrimp operation profits had been invested in (as he said) some kind of fruit company.  He...
Is this the right time to go off the grid?

Are you aware of your SALT liabilities?

Does your company operate in multiple states? If so, there’s a good chance that you owe some state and local taxes (SALT) outside your home state. But many closely held private businesses are unaware of their SALT liabilities. While it’s sometimes difficult to...
Is this the right time to go off the grid?

Understanding the NIIT

The 3.8% tax can take a bite out of some home sale profits Summer generally is an optimal time to sell your home. If you’re putting up a “for sale” sign on your lawn this year, make sure you understand the 3.8% net investment income tax (NIIT) that applies to profits...
Is this the right time to go off the grid?

Will Social Security be there when I retire?

Social Security’s future solvency has become one of the most commonly-discussed issues in retirement planning—and for good reason.  Gallup polls show that an estimated 57% of retirees rely on Social Security as a major source of retirement income—a number that has...
Is this the right time to go off the grid?

Some People Say, “It’s who you know…”

We’ve all been in business long enough to have heard the conversations about, “It’s who you know” that matters. We think that’s true, to a degree. There’s no question that it’s always helpful to, “know a guy or gal.” Sometimes we need an expert to help solve a...
Is this the right time to go off the grid?

Compared to What?

It’s normal to want to know how your investments are doing. The question is, “compared to what?”  The most common benchmark for U.S. stock market investors is the S&P 500 index, which most people refer to as the “market”. The S&P 500 index represents...