News
FINRA fines five firms almost $1M over fees
The following story illustrates why it is important for individual investors to work with a fiduciary investment advisor instead of a non-fiduciary brokerage firm. If you are currently working with a brokerage firm, I recommend you look carefully at what you are being charged on for monthly statements for various services and transactions. – Charles [...]
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Featured Articles
Top 10 Financial Scams: Products and Practices
by Melanie Waddell NASAA recently released its list of the top scams con artists use to trap unwary, or merely desperate, ...
FINRA WARNS INVESTORS OF GOLD STOCK SCAMS
Don't let a touch of "gold fever" sucker your clients into what very might well be the latest gold-plated investor ...
Don’t Fall Prey to the 2011 Dirty Dozen Tax Scams
April 7, 2011 WASHINGTON –– Hiding income in offshore accounts, identity theft, return preparer fraud, and filing false or misleading tax ...
How to Choose a Financial Advisor
Since this magazine is dedicated to Investor Education for Main Street America, it seems appropriate to refer our readers to ...
10 Worst States for Entrepreneurship and Small Business
The Small Business & Entrepreneurship Council’s “Business Tax Index 2010” ranks the states from best to worst in terms of ...
Does Monetary Expansion Stoke Inflation?
Brian Harris, Senior Editor, Dimensional Fund Advisors Since the financial crisis hit in late 2008, the US monetary base has more ...
Congress Resolves Many Tax Issues During Lame-Duck Session
Staff - Journal of Accountancy Congress adjourned its year-end lame-duck session on Wednesday after passing legislative fixes for several pending tax ...
Worldview Editorial Page
Amazon Battles States Over Sales Tax As a follow-up to our earlier article about how tax law affects behavior, we offer this story. Amazon.com Inc., the world’s largest online retailer, hasn’t charged sales tax in most states since its founding in 1994. And it has taken some extreme measures to keep it that way. Among them: Staff traveling around the U.S. [...]
A Christian Perspective
What is the ‘Bad Eye’ in Matthew 6:23? by John Piper A verse in Matthew is somewhat difficult to understand. It seems to dangle in the Sermon on the Mount with little connection to what goes before and after: “The eye is the lamp of the body. So, if your eye is healthy, your whole body will be full of light, 23 but [...]
Investing
Tax-Loss Harvesting: A Tactical Strategy to Add Incremental Value Tax-loss harvesting can be used as an opportunistic value-add within a well-diversified portfolio. By Abraham Bailin | 11-02-11 | 06:00 AM The effects of taxes on an investor’s portfolio over the long term are substantial and fairly predictable. Given today’s low-return environment, the productive value of each dollar invested must be considered. Within the context of a well-diversified portfolio, even [...]
4th Quarter (Age 60+)
The Five Biggest Ways To Bungle a Trust By LAUREN FOSTER | Barrons It’s easy for trustees to botch their roles. Here’s how to avoid the common pitfalls. Trust and estate planning often comes down to three questions: Who gets what? How do you minimize taxes? And, once a trust has been set up, who is in control? Unfortunately, it’s easy for a family [...]
3rd Quarter (Age 40-60)
IRS Gone Bad: Are Things About to Get Even Worse? Kelly Phillips Erb, Contributor Forbes Over the years, I’ve represented a lot of clients before the IRS. I’ve listened to hours and hours of IRS hold music. And I’ve had a lot of conversations with IRS reps and agents. But last week something happened that truly shocked me: the IRS hung up on me. On purpose. [...]
2nd Quarter (Age 20-40)
How to choose a financial advisor (ARA) – You know the importance of saving for retirement, but do you have the time and know-how to accomplish your financial goals? In an increasingly busy world, it’s possible that keeping close tabs on your investment accounts isn’t exactly realistic. Seeking the help of financial professionals has become more important to investors according to [...]
Book Reviews
Power Grab“The goal of Obama’s power grab is to grab your power: your wealth, economic liberties, and personal freedoms. You aren’t falling for it any longer. And this is causing Obama and his allies to become more desperate, and to push harder, to steal your freedoms faster. Events and the American character have conspired to bring [...]
