Are you planning to roll your 401K account into an IRA when you retire? As a rule that’s exactly what we recommend that our clients do, and for some very good reasons: A direct rollover is not a taxable event, so the beneficiary can continue to defer taxation of income and gains just as if the assets had stayed in the employer’s… Read more →
Category: Investing
Social Security, Healthcare Costs and More.
Did you know that social security beneficiaries can have as many as 150,000 options to consider when making their benefit elections? That’s right, according to Laurence Kotlikoff, Ph.D., Professor of Economics at Boston University you might need to consider as many as 150,000 options in order to receive your maximum benefit. Dr. Kotlikoff has co-written a book entitled, Get What’s Yours, The… Read more →
A Quick Note, February 1 2016.
Some of our asset management clients will have noticed that I have sold some positions in some of their accounts recently. As a rule, we prefer to not sell positions, especially in taxable accounts. Instead, we have distributions paid to cash and use the cash to purchase new positions in order to rebalance the accounts. In this case, we hav… Read more →
4th Quarter Investment Results and More.
Our investment management clients will now find preliminary 4th quarter reports posted in their secure folders. It was a pretty good quarter for most, with the average total return being a gain of 1.92%. The cost of living decreased by approximately 0.15%. Final inflation numbers will become available around the 20th of January. Category returns for the quarter, and the year are shown below.… Read more →
Peter Lynch, ZIRP and Truth.
In the “I knew it!” department, the Wall Street Journal recently posted this headline: Peter Lynch, 25 Years Later: It’s Not Just ‘Invest in What You Know’ Back in the late 80s and early 90s Mr. Lynch wrote several books promoting the idea that any average Joe could win at the investing game by simply “Investing in what you know.” That… Read more →