Happy Holidays! During this season, we take time to reflect upon the good things we have…like our relationship with you. We appreciate working with you and hope that the holidays and the coming year will bring you happiness and success. John & Bill
An Article Worth Reading – 2017 Market Predictions
This is why you should turn off CNBC, stop listening to Jim Cramer, and unsubscribe from Money Magazine. If you’re short on time, scroll down to the graphs, and you’ll see why Mr. Mackintosh from the Wall Street Journal could repost this story every year. Enjoy, John & Bill Wall Street’s 2017 Market Predictions: Pathetically Wrong Forecasting is difficult, but this year showed exactly how pointless it can be: Markets performed opposite of virtually all predictions By James Mackintosh Nov. 23, 2017 4:58 p.m. ET We all like to remember our successes and forget our failures, and finance is …
The True Costs of Investing: Part 3
The Cost of Being Human Why do we so often buy high (the internet bubble of 2000) and sell low (2008-2009), when doing just the opposite is the only way to succeed? Why do so many of us make so many bad investment decisions? Because we’re programmed to. Our genetic code is our enemy when we make investment decisions. The behaviors and biases that hurt our portfolios are innate. We’re simply born this way. After all, would we ever logically and willfully make an investment decision that loses money? Of course not. Here’s a brief description of some of the …
Your Taxes May Be Changing
A Quick Analysis of the Proposed Tax Brackets The proposed tax legislation is broad in scope. But the most popular component is the change in income tax brackets, and what that may mean for all of us. So far, all that we’ve read simply lists the new brackets. We thought doing a little math, too, might be helpful. The charts below compare outcomes based on income after deductions, and before any credits or additional taxes. Their purpose is simply to compare current brackets with the proposed brackets. Of course, we’ll keep you updated, as none of this is yet etched in …