Good Fortune

Always Dreaming No, this isn’t my second-grade teacher’s description of me on my report card, though it’s close. (She actually referred to me as “lazy” and “distracted.”) It’s the name of the thoroughbred that won the Kentucky Derby in early May. Although I didn’t attend the Derby itself, I was lucky enough to visit Churchill Downs, the home of the Kentucky Derby, last fall when I visited my niece, who attends the University of... Read More

IRA Contributions for 2016 – There’s still time The first of several tax deadlines (for partnerships and S corporations) passed on March 15 th but there’s still time for individuals to contribute to an IRA for the 2016 tax year. You have until your tax return due date (not including extensions) to contribute up to $5,500 to an IRA for 2016 ($6,500 if you are age 50 by December 31, 2016). For most taxpayers, the contribution deadline for 2016 is April 18, 2017. For... Read More

Ben Franklin once wrote “in this world nothing can be said to be certain, except death and taxes.” While death and taxes can both be classified as “certainties,” the first will only occur once, while the second happens every year with consistency. We are not actuaries, so we can’t weigh in on first “certainty,” but we can help manage the various deadlines associates with the second. By early March, you should be receiving most of the tax related... Read More

Let me begin by stating this is not a political commentary. Everyone is entitled to vote their conscience and I have no desire to weigh in on that decision. Instead, this is a commentary on the impact politics has on investing, in the short-term and the long-term. In the Short-term, Markets Don’t Like Uncertainty As the Election Day approaches, the U.S. stock market has seen increased volatility and has declined about 4% from the previous high set in August. There is an old adage on... Read More

Dimensional Fund Advisors is a research driven mutual fund company. In the video below, they answer the question that all of us have asked at one time or another: Is there a way to succesfully time the market?  .embed-container { position: relative; padding-bottom: 56.25%; height: 0; overflow: hidden; max-width: 100%; } .embed-container iframe, .embed-container object, .embed-container embed { position: absolute; top: 0; left: 0; width: 100%; height: 100%; } Read More