Sandy & Your Insurance Coverage

Much of the news this week has been focused on Hurricane Sandy and the related damage up and down much of the Eastern part of our country.  We’ve had several clients effected in various ways and our thoughts are with those of you directly or indirectly impacted by the storm. For better or worse, these types of events often serve as the nudge we might need to review certain important, but not urgent aspects of our plan.  Property insurance often falls into this category.  It might be a good time to take a moment to… [read more]
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What You Can Control

In recent client meetings, there has been a lot of discussion about what we recommend to ensure our client’s portfolios can weather any potential market volatility or likely tax increases on the horizon.   Many people have accelerated income in 2012 by exercising stock options or converting Roth IRA dollars creating a larger tax liability than usual.  As always, we do not advocate any investment changes based on forecasting, but there are a few things that can be done to mitigate your tax bite this year. This is often the time of year when people start… [read more]
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Accounting for Health Care

I may sound like a broken record at times, but an effective financial plan goes far beyond investment selection. I was recently quoted in an article for an industry publication on how advisors approach Medicare and health care planning with clients.  I thought the approach we took would be fairly commonplace and somewhat standard for the industry.  Instead, I was shocked to learn less than a third of seniors who utilize financial advisors discuss Medicare.  The article was published on a subscription based site, but the headline and preview of the topic can currently be… [read more]
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The Dangers You Don’t See

Stocks have provided strong returns around the world this year, but evidence shows many people investing on their own are putting the bulk of their savings in cash and bonds.  Equities have nearly reached their 2007 record highs, but most are simply too scarred from the Great Recession and the technology bubble that came before it to feel comfortable investing in stocks. A recent Wall Street Journal article, Corporate Bonds Draw Stampede, noted that companies were on track to sell over $1 TRILLION in bonds in 2012 at an average interest rate of 3.2%… [read more]
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Borrowing From Your Family, by Design

(from Ron Lieber’s article in the Your Money section of the New York Times on September 28, 2012.  Click here for the original article.  Ron Lieber is the “Your Money” columnist and editor of the Bucks Blog for the Times.) It’s much tougher than it used to be for young Americans to make their financial way in the world, given the increasing cost of college and the challenge of finding a job with benefits and a wage high enough to cover the basics plus the servicing of any student loan debt. So it’s no surprise… [read more]
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