Registered Investment Advisor specializing in Model Portfolios

Nav
S Jul 1, 2015

Paying Down Your Mortgage Is More Important Than Tax Deductions

Q. In mid-July, I will be getting a job-related lump sum payment of $175,000 (before taxes). I'm trying to figure out the most responsible use for the money. I max out my 401(k) plan contributions every year and my wife - who is self-employed - contributes to her SEP.All of our savings are in tax-advantaged retirement accounts. They total about $950,000. One obvious option for our windfall is to pay down our mortgage a bit. The outstanding balance is about $500,000, but it is at a very low interest rate (3.875 percent), and with the mortgage interest tax deduction, I'm not sure that's the best option.  read more…

AB Jun 30, 2015

Correlation, Causation and Chocolate

Chocolate lovers rejoiced last week at media reports of a new study proclaiming the benefits of the world’s most popular confection.

A sampling of recent headlines looks like this:

  • Chocolate, Chocolate, It’s Good for Your Heart, Study Finds
  • Study: Eating Chocolate Is Good For Heart Health
  • Munching read more…

A Jun 29, 2015

Bank Fraud: How I Lost 9 Million In A Single Day

I always chuckled while watching my wife work an ATM.  She skulks up to them like a commando.  She looks up.  She looks back.  She covers the keys with her hand, squinting at the digits through the cracks between her knuckles.  But after mocking her for years, it’s time that I took some lessons.  read more…

S Jun 26, 2015

Happiness and The Life of Riley Index

The cost of being independently upper-middle class declined a bit in the last year. But just a bit. So don’t expect any shouts of joy here— just an ongoing assessment of how much money we would need to be better off than most. The magic number this year: $4,363,503. Yes, it’s time for the annual Life of Riley Index update. The index, which goes back to 1985, measures the amount of income you need to enter the top 25 percent of households in the United States. This year, the estimate is $77,234.  read more…

Are You Ready?

We offer an array of accounts. So if you're looking to open an IRA, ROTH, SEP, Trust, Taxable, or Joint account, click the button below and begin filling out our easy form.

Open an Account

The Global Expatriate's Guide to Investing

From Millionaire Teacher to Millionaire Expat

By
Andrew Hallam

Read More