Yearly Archives: 2015

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The Standard & Poor’s 500 Index, better known as the S&P 500, is a commonly-referenced barometer for the investment world on how the overall stock market is performing.  The S&P 500 is an American stock market index based on the overall market capitalization of 500 U.S.-based publicly-traded companies.  Said another way, the larger the company, the more weight it carries in the overall valuation of the index.  According to...

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December typically offers colder temperatures, holiday decorating, holiday shopping, and looming year-end deadlines. While we can’t do much about those, we do want to make you aware of one deadline that has changed that might take a little pressure off. A recent change to Iowa state income tax law makes it possible for Iowa residents to make tax-deductible contributions to a College Savings Iowa plan up to the Iowa tax filing...

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investment fundamentals quiz foster group

You’ve used evidenced-based investing for your assets, you’ve maximized cash flow and minimized taxes, you’ve taken steps to protect the wealth you’ve accumulated, and you’ve put together a plan for your estate that includes a will, a power of attorney and a health care proxy. If you’ve planned well by doing all this, retirement should be a chance...

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You’re probably familiar with this life: As soon as you begin your 12-hour shift, you’re shuttling from one patient to the next, hoping for enough of a lull to snatch a fast-food bite or maybe a couple hours of sleep.

Balancing work with your personal life is one of the most difficult tasks for physicians. As a result of long hours and little free time, physicians are notorious for procrastinating...

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investment fundamentals quiz foster group

It takes courage to be a physician. Not only are you making life-or-death decisions for some of your patients, you run the risk of a lawsuit if the patient or the patient’s family isn’t satisfied with your treatment.

That’s why you have to take the appropriate measures to protect your wealth. Here are a couple of questions you...

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Here’s a key to success: Maximize cash flow while paying less in taxes. A shortage in cash flow can send you into survival mode, and improper understanding of tax deductions can cause you to miss out on opportunities for a break.

Here are four tips to keep in mind as you further your success:

1) Eliminate Present Burdens On Your Cash Flow (And Future Drains)

As cash flow comes...

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As a physician, you’re making life-or-death decisions every day. You know the best way to make decisions under pressure is a combination of relying on your clinical experience and consulting the latest research available. That’s the nature of evidence-based medicine: You combine both experience and research.

Evidence-based investing is no different.

To invest well, you need to focus on your needs as well as leverage the research that’s out...

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As 2015 starts to wind down, many investors are thinking about how to positively impact causes and organizations about which they are passionate. A further benefit of this endeavor is the opportunity to lessen one’s annual tax burden. A donor advised fund (DAF) is a fantastic tool for gifting and tax mitigation that is worth considering. DAFs are philanthropic vehicles operated by public charities which are relatively uncomplicated, widely available,...

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Saving for a child’s college expenses is becoming increasingly difficult. As a parent, the competing forces of tuition inflation and one’s own retirement preparedness can bring about stress over trying to adequately save for both. There is a balance to be struck between the two, keeping in mind that kids can get jobs and take out loans. Retirement, ideally, should not include you getting a job or taking out a...

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It’s that time of the year again, football season, back-to-school, cooler temps, and time to think about year-end tax planning. Try to contain your excitement.  Here are a few things to be thinking about as you approach the end of the year:

  • Endow Iowa tax credits are gone; great for the state, but not if you were still hoping to score the 25% tax credit in 2015. Making a gift...

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