Investment Planning

July 25, 2014 April 15 can be a bad day for a lot of people because they have to fork over money to Uncle Sam. However, it can be a lot worse for some rather than others. Here’s a hypothetical example. John and Mary, who are brother and sister, inherited an IRA from their father […]

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February 6, 2015 Here’s a novel idea, buy low and sell high. This is perhaps the oldest saw in the stock market. However, in the wake of the recent selloff, dollar cost averaging may provide you with the opportunity to capture lower prices today. Although dollar cost averaging can’t protect you against market loss or […]

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March 28, 2014 Recently, I wrote a financial plan for a client who had stock options. This is a complicated area because it includes taxation, market and concentration risk, public versus private company, et al. However, to sum it up in the words of Ronald Reagan, “Mr. Gorbachev. Tear down that wall.” No, that’s not […]

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February 20, 2015 Rumor has it that you should retain copies of your federal tax returns for 7 years. Is that true or is it just a myth? For how long should you keep the quarterly and annual statements you receive regarding your investment accounts? And, how long should you keep bank statements before tossing […]

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October 24, 2014 For the purpose of this column, let’s define a real dog or a dog as a worthless security, not my year old English Bulldog, Winnie. Hey, nobody’s perfect; nor is any company. From time to time, companies go belly up rendering their stocks and bonds worthless. Well, after you get over the […]

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