Author - Bert Whitehead

1
Our ‘New’ Investment Reality
2
Tax Planning 2012: Last Chance!
3
Faith and Fiat Money
4
The 4 Questions You Need to Ask Yourself in Today’s Economy
5
How to Get the Best Mortgage

Our ‘New’ Investment Reality

Can we realistically expect returns on our investments to be on a par with those enjoyed by past generations? Long-term historical stock market returns over a 20-year period in the U.S. have remained relatively stable at about 7-9% appreciation +2% dividends over the past 80 years. When combined with intermediate bonds, a portfolio with 50% stocks and 50% bonds would reliably average a 7-8% return over a 20-year period.

However, the recent historic decline in interest rates has hurt total returns. Unless we see a marked increase in the stock market in the next 3-4 years, which would be a …

Read More

Tax Planning 2012: Last Chance!

Taxes are the biggest debate this election year. Will there be a change passed for next year? Looks doubtful, eh? And if there's no change, we go back to the tax rates of 2002. That means the top rate goes to 39.5% from today's 35%, and other changes reappear which will increase income taxes across the board. Even if a tax bill passes, it will likely include a tax increase.

For those who want to position themselves financially for a higher-tax world in the future, there are two items to consider:

1) The tax deduction for charitable contributions is likely …

Read More

Faith and Fiat Money

"Fiat Money" is commonly defined as money that has no intrinsic value and cannot be redeemed for specie or any commodity, but is made legal tender through government decree.

I have heard "Faith" defined as the belief in the experience of others.

This sums up our long-term economic dilemma. Since Nixon ended the convertibility of dollars to gold to combat inflation, the U.S. has given up any pretense of backing the dollar with gold or any commodity. So the currency we carry in our wallets and purses is essentially only slips of paper with pictures of dead white guys.

U.S. …

Read More

The 4 Questions You Need to Ask Yourself in Today’s Economy

Some days it seems like our economy is improving, then you turn the page and major world problems (Mideast, Europe, Korea, etc.) are just getting worse.

So what if you are a baby-boomer (or older) and are starting to think that your retirement isn’t going to be as joyful as you expected? Or maybe you are younger than that but wonder about your ability to take care of your parents, put your kids through college, and ever have enough money to retire yourself?

To evaluate yourself financially you need to answer four basic questions:
  1. Are you living within your means?
Read More

How to Get the Best Mortgage

The most popular client questions these days are about what kind of mortgage they should get. If you are somewhat knowledgeable about mortgages and just want the bottom line, you can skip to the last paragraph of this blog. If you are interested in a more detailed explanation, please continue reading.

Not only are mortgages more available now for new homes, but current mortgage holders can also find great opportunities to refinance at a lower rate. The federal government has just announced a new refinancing program for homeowners who are “under water” on their homes (i.e. they owe more on …

Read More

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