Wealth transfer is a phenomenon that typically occurs during the "reversal period" following the end of a significant economic trend. Take, for example, cycles like the late 1990s stock market and the 2000s real estate bubble. As we know, both of these events ended in busts. During subsequent ... Views: 1781
With 2010 more than halfway behind us, it is a good time to consider the potential for tax-planning opportunities regarding wealth management. Unfortunately, in addition to opportunities, there are a number of uncertainties and changes that will impact many taxpayers. Here are a few things to ... Views: 761
What was great about 2010 is that it was not 2009. According to the Chinese calendar, 2010 was the year of the tiger. Statistically, at least in my book, 2010 should be titled The Year of the Scaredy-Cat. No great tiger in the stats, unless you look at how many people behaved as if they had ... Views: 627
Comparative analysis, realistic analysis and accurate thinking are attributes of investing that are not often discussed. We are wired to oversimplify and be “lazy-brained,” and nowhere is the concept of the lazy way to riches more prevalent than on Wall Street -
Japan collapses – ... Views: 562
I am not going to discuss inflation in this month’s article. Why? Because it is predictable. Inflation was a popular topic during my formative years before FIM Group was founded. I was in my mid-20s when President Ronald Reagan had Federal Reserve Chairman Paul Volcker save us from inflation. ... Views: 538
Are today’s headlines distracting to investment decisions and insignificant to long-term investment results? Looking back on headlines of old, it seems to be true.
For example, remember Y2K? How about the hyperinflation of the late 1970s/early 1980s? The crash of October 1987? The “Nifty ... Views: 509
In late December, President Obama signed into law the Tax Relief, Unemployment Insurance Reauthorization, and Job Creation Act of 2010 (the “Act”). The enactment of this legislation provides Financial & Investment Management Group clients several estate planning opportunities that have never ... Views: 503