As General Motors, Chrysler and Ford request federal funds, we as taxpayers should ask tough questions of our congressional representatives. After all, in the end, it’s our money they are committing and our future and the future of our children they are mortgaging. Short answers of ‘yes’ or ‘no’ to the bailout requests are not sufficient to […]
Automakers Bailout…Yes or No?
Obama Tax Planning-Part II
Now that we know who will have his hands on the reins of power in Washington next year, tax planning for 2008 just got easier. In addition to what I discussed last week, here are some other strategies you should consider: Income and expense shifting. Review your income and expenses and, to the extent possible, shift […]
Investment & Tax Strategies for an Obama Administration
What’s the best way to take advantage of the sea-change that will begin in January 2009? Obama has promised to increase taxes for families making over $250,000 (single tax filers making over $200,000) while reducing the taxes on everyone else. Clearly, on the surface, this appealed to a majority of voters but its implementation may prove more […]
First-Time Home Buyers Get Help
In the midst of chaos, there is always opportunity. Falling residential real estate prices both locally and nationwide mean now is an excellent time to buy a home, especially for first-time home buyers. In order to help stimulate our economy and help first-time home buyers, Congress passed the Housing and Economic Recovery Act of 2008, which offers […]
Smart Strategies during the Economic Crisis
Recent events have caused much fear and anxiety about the current state of the economy and markets. However, we live in a world of duality where every force also has a counter-force. While a recovery may take some time, here are five opportunities hidden in the midst of all of the doom and gloom. 1. Convert […]
Thriving in Time of Crisis
Families all across America are feeling the pinch of the worst bear market since the Great Depression. Families in record numbers are unable to pay their home mortgages and are finding credit of any kind difficult to obtain. Basic instincts have kicked in and as a result people are looking for ways to cut expenses and save […]
Investing In Uncertain Times
Congress finally passed the multibillion dollar bailout to provide liquidity for our fragile financial and banking system. While no one is happy that the American taxpayer is being forced to underwrite the excessive mistakes made by corporate executives who themselves raked in millions in incentive pay over the past several years, the alternative would likely have […]
Investing In Uncertain Times
Congress finally passed the multibillion dollar bailout to provide liquidity for our fragile financial and banking system. While no one is happy that the American taxpayer is being forced to underwrite the excessive mistakes made by corporate executives who themselves raked in millions in incentive pay over the past several years, the alternative would likely have […]
Weekly Market Commentary 10/9/08
“SEC Charges Goldman with Fraud; S&P 500 Breaks Winning Streak” April 19, 2010 Up to date in less than 2 minutes: Last week, stocks were mixed with the S&P 500 falling, halting the longest rally in a year, after allegations of fraud at Goldman Sachs Group Inc. (“GS”) heightened concern the government will crack down […]
The Financial Crisis-What Caused It, What’s the Best Solution?
Bank failures, nationalization of once private companies, government bailouts that will most certainly exceed $1 trillion…how did this happen? And what is the best solution? As this crisis continues to unfold, Americans are growing increasingly angry as they realize that they will ultimately be responsible for picking up the tab of the excesses of Wall Street. Whose fault […]