With stock markets riding the escalator up-up-up in recent years and then taking the elevator down these last couple weeks, here are a couple of principles to help us keep both gains and losses in context.
We should welcome the return of some healthy market volatility. It has been artificially calm for far too long. But don't be fooled into thinking this last week was any serious pullback.
It’s hard for folks to drill-down to the truth of what’s actually important, rigorous, and authentic in the financial industry vs. what’s promotional baloney. Be sure to check under the hood when it comes to Five Star Professional awards.
Today a client sent me a link to Don't Need Your Social Security? 1 Reason You Should Claim It Early Anway, by Dan Caplinger of Motley Fool. In the article, Caplinger suggests that "successful investors" who don't need their Social Security to live on should consider claiming it early at 62 and investing it instead.
A client asked me yesterday if investment management fees are tax deductible (advisory fees for portfolio management). The short answer is a qualified “yes,” subject to certain limitations. First, some background....