Philanthropy

Investments You Can Make Now (That Have Nothing To Do With Your Portfolio)

Like other advisors during the current market turmoil, I am working with clients on portfolio rebalancing, tax loss harvesting, Roth conversions while account balances may be diminished, and shoring up emergency funds. All of these are good things to consider. But are those the ONLY things you might be thinking about with regard to your […]

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Awakening From Slumber: Ten Years After The Financial Crisis

Ten years ago I was in Rome and passed a shop on Via del Corso that sold crystal balls.  If I could have figured out how to bring one home without setting off airport security, I would have picked one up for the office. Then when you ask me what I think will happen in the market, […]

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Let the Debate Begin: Waiting for Tax Reform Details

Now that your 2016 tax return is behind you, you might be thinking about how tax reform changes expected under the Trump Administration might affect you. We are expecting a big announcement tomorrow, but despite some advance hype of “massive” changes, we’re likely to get only minimal details. The tax code is 4,029 pages and […]

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Tax-Diversify Your Portfolio Part 3: Back-Door Roth IRAs – Advanced

For those of you with income higher than the limits to contribute directly to a Roth IRA, you can still achieve tax-free savings through a “back door” Roth strategy: contributing first to a Traditional (non-deductible) IRA, followed by conversion to Roth. This “Contribute-then-Convert” strategy provides a tax efficient way to tax-diversify your accounts provided that […]

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Getting Kicked Out of the Tribe, Part 1: You’ve Struck it Rich

Congratulations. You’ve won the Google/Facebook/Amazon lottery. You got in on the ground floor of a successful company, you’ve worked hard, and it’s paid off. So what’s the downside? Unless your entire social circle consists of co-workers enjoying the same liquidity event, you will likely experience shifts in your Tribe. That group of people you depend […]

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