Author - David John Marotta, CFP®, AIF®

1
Is Rebalancing a “Myth”?
2
How Long Should I Keep Financial and Tax Records?
3
Mailbag: Are the Equity Markets Getting Kind of Toppy?
4
Annuities Are Still A Bad Idea
5
“Corporate Records Service” is a Scam

Is Rebalancing a “Myth”?

Last year I was given an article which reached this conclusion:

So is rebalancing necessary? Even though the media and Vanguard may have you think so, when you look at the evidence – even after a topsy-turvy stretch as 2008-2010 – there is little benefit when you think about risk.

It is unusual to see an article challenging the benefits gained from rebalancing. Here are a few of the articles on how regular rebalancing boosts returns and maximizes the long-term success of your retirement planning:

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How Long Should I Keep Financial and Tax Records?

If you haven’t been traumatized by an IRS audit, you probably don’t keep much financial documentation. If you have, you are probably terrified to part with a single receipt.

The IRS is one of the few courts where failure to produce proof of your claims results in the assumption that you are guilty of tax fraud. Thus you must save all the financial documents you used to create your taxes to defend yourself in an audit.

First, retain a paper copy or receipt of any tax-relevant financial exchange. Scan these documents and archive them electronically, or acquire them in an …

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Mailbag: Are the Equity Markets Getting Kind of Toppy?

This seems to be the question on everyone’s mind these days:

Are the equity markets getting kind of toppy?

The US stock markets have had an incredibly good year in 2013. Through the end of November, 2013 the S&P 500 is up 29.12%.

At the beginning of the year predictions were that 2013 would be a bad year for US stocks. They had appreciated 16.00% in 2012 and everyone was predicting a down year. They were wrong almost immediately. First quarter of 2013 they appreciated 10.61%. Second quarter they were only up 2.91% but the global markets were …

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Annuities Are Still A Bad Idea

I was speaking recently at our local Senior Center when I was asked about annuities and if I thought they were a good idea. I do not like annuities. I believe that there is nearly always a better mix that does not include annuities for families trying to reach their goals.

Another person from the audience commented that she had always thought they were a bad idea, but she had never heard it from a financial advisor before.

I must admit I am always surprised by the positive articles from financial magazines. They seem to try really hard to …

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“Corporate Records Service” is a Scam

Corporate Records Service Scam

Many government mailings look like spam. And much spam tries to look like a government mailing.

Business Owner Alert regarding “Corporate Records Service” Solicitation Scam

Recently, an entity calling itself “Corporate Records Service” with an address in the capital of whatever state you happen to be in, mailed solicitations entitled “Annual Minutes Records Form” to numerous business entities in multiple states. This solicitation suggests that a any business entity is required to complete the statement and return it with a fee of $125.

Although the solicitation contains a disclaimer stating that Corporate Records Service is not affiliated with a government …

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