Let’s start the New Year with some mental pushups to tone some of the post holiday spending flab. Take you or your family’s gross,(yes I know you think it’s gross) before tax income. Annual salaries under $35,000 will be taxed at 26%. If you earn...
A client sent me a website address recently. It promised to be one of the best tax shelters. She asked me to evaluate the information and give my opinion. The website advocated using universal life insurance as a tax shelter to ensure that neither during or after the...
A client asked me recently about his mutual fund investment. At that time the market value of his investment was below the price he had initially paid. He wanted to know where the difference between the purchase price and market value was. His words were, “In...
This Issue #6 will cover several popular questions various clients have posed. To start, here is question number 1: How much money is enough to retire/invest? Haven’t we all thought the following? If only I could get a raise, or a better paying position, I could...
It has often been said that three types of people in life: The spender, the lender, and the investor. “Poor people buy stuff, the middle class buy liabilities, and the wealthy buy assets.” Let’s take a look at these truisms. The spender will buy...
Why are pelicans always short of cash? Because they have big bills. Where do birds invest? The stork market. Welcome new readers! Corny jokes aside, please refer to Issue #2. It is one you will find important. Let’s continue the discussion on diversification....
There has been alot of discussion lately about investing and its risks. Negative returns and unfavorable market conditions have caused many people to conclude that investing is unsafe and unprofitable. Saving, with its guaranteed return is thought to be more sensible....
I am sure that none of you reading this would think that building a house by beginning with the roof would be a great idea. In fact it would be impossible. The roof would need support. Let’s use the analogy of a house to see the elements of a financial plan and...
This is the first issue of my financial newsletter I am providing to you. It will be published 5 times for a trial period of one year. Included with this first issue is a short survey. Future issues of this newsletter will make use of your comments and suggestions.... 
