Apr 6, 2015 | Blog, Investments, News, Tax Planning
The Nasty Tax Here we are, 2 years after getting rooked with a 5 dimensional tax system, and many people are still unaware of the Nasty Tax: 3.8% Net Investment Income Tax (NIIT). I think the IRS used Wal-Mart pricing strategy with 8’s when they derived the number so...
Dec 17, 2013 | Asset Allocation & Diversification, Blog, Bonds, Investments, News, Stocks, Uncategorized
Are you part of the walking dead? Did you make that mistake this year and hold a diversified portfolio? Before you go running to the “All You Can Eat S&P” buffet, take two minutes and read about it. Asset allocation is the process of diversifying...
Sep 25, 2013 | 401k, Blog, Mutual Funds, News, Wall Street Greed
Stay out of Target Date-Rape Funds folks. The layering of fees is expensive and deceptive. American Chemicals and Equipment is suing Prinicpal over some questionable accounting used to disclose fund fees. Howbout $120 million in “acquired fund fees” for...
Sep 4, 2013 | Blog, Investments, News, Stocks
Hedge fund gurus Mark Rachesky and Carl Icahn both bought truck loads (pardon my pun) of shares in the company Navistar (NAV). Rachesky’s hedge fund, MHR Fund now owns 15.8% of the company’s shares and Icahn 16.5%. Both of these seasoned investors are...
May 27, 2013 | Blog, Bonds, Investments, News, Retirement Planning
4 Key Questions to Protect Your Coupon Income If you, or anyone on your behalf, buys individual bonds in your account, know the markup game. A markup is when a broker-dealer buys a bond at a low price and resells it at a higher price. This difference, called the...
May 27, 2013 | Blog, Bonds, Investments, News, Uncategorized
Municipal bonds have traditionally attracted conservative investors looking for federal tax exempt income. While municipal bonds carry the risk of default, investors rely on rating agencies to grade the issuer’s credit with ratings from AAA to junk bonds. Just like...
