Archive - December 19, 2010

1
A Comprehensive Summary of the 2010 Tax Relief Act
2
Forecast for 2011: T-Bonds Outperform
3
5 Ways To Build Wealth During a Recession

A Comprehensive Summary of the 2010 Tax Relief Act

On Thursday December 16, 2010, Congress passed the Tax Relief, Unemployment Insurance Re-authorization and Job Creation Act of 2010. President Obama just signed the bill this afternoon Friday December 17, 2010.  This legislation, negotiated by the White House and select members of the House and Senate, provides for a short-term extension of Bush era tax cuts made in 2001.  It also addresses the Alternative Minimum Tax (AMT) and Estate, Gift and Generation-skipping Transfer taxes.

The following summary will provide you with key information and highlights from the bill with help from the Financial Planning Association.  I hope that you …

Read More

Forecast for 2011: T-Bonds Outperform

Stocks could rise solely due to a bubble and not because of fundamentals, but don’t buy them because when the truth comes out stocks will drop faster and further than you may be able to get the courage to sell. Don’t bother buying a bubble stock using the greater fool theory because when everyone panics and runs for the fire exit you could get trampled. Buy only things with a fundamental value above the current price. The 10 year P.E. is 22, should be 15, so that means stocks need to drop 33%, but because of temporary stimulus they may …

Read More

5 Ways To Build Wealth During a Recession

In challenging times like this it is hard to build wealth . As part of your personal do it yourself financial plan you need to be able to ride out economic downturns associated with high unemployment, slow consumer spending, and a depressed stock market.  You can keep your head above water with these five tips :

1. Think past frustration, fear and/ or anger and get educated about possibilities . Your greatest worry in the unknown. Focus on what you can do and figure out when you should do it. Make it something you do regularly. For example, at the …

Read More

Copyright 2014 FiGuide.com   About Us   Contact Us   Our Advisors       Login