Posts Categorized as Wealth Preservation

Remember the first time you saw Google Earth zoom in from above Earth to a specific location?  The fascination with a satellite view from space appearing to zoom in to pinpoint an exact location?  I love the idea that you can zoom in to any place on earth.  Pretty incredible. It’s kind of the reverse when you are thinking about your investment portfolio.  Most of us focus on what is going...

Read More

Joe Bantz, CFP®, AIF®

Anyone who has been to my office has noticed the unique artwork on my wall – sketches from Carl Richards - simply illustrating complex financial truths.  Recently I had an opportunity to visit with Carl about his drawings, and his brand new book, The One Page Financial Plan.

Joe: I love your sketches, and many clients ask about them.  So, I have to ask how you come up with...

Read More

Ross Polking Thumbnail Photo

Many investors are concerned and perhaps a bit anxious because their portfolio returns weren’t as high as the return of “the market” last year.  Don’t panic, otherwise trouble stands ready to pounce. Remember that what we hear from the media most often is the performance of the Dow Jones 30 Industrials and the S&P 500, both narrow slices of the global market.  Still, the familiarity of both indices makes it easy...

Read More

Ross Polking Thumbnail Photo

As another calendar year comes to a close, we have opportunity to reflect on what has been an interesting, trying, exciting and tumultuous twelve months.  The list is long and the emotions are high.  Elections, Ebola, World Cup, ISIS, Ukraine, Economy, Immigration, and on it goes…as it does every year. On a more personal level, most investors have probably experienced changes in their family, career, health, goals, and/or finances.  All things...

Read More

Ross Polking Thumbnail Photo

The Big House

Try this data on for size.  According to the Census Bureau, the average square footage of newly-constructed, single-family homes in the U.S. increased by 56.5% from 1,660 square feet in 1973 to 2,598 square feet in 2013. Over the same period, however, the average number of people per household fell from 3.01 to 2.54. The average sales price of newly-constructed, single-family homes surged 419.2% from $62,500 in 1978...

Read More

Has anyone ever asked you, “Hey, what do you think of Crossfit?”   Crossfit is a popular fitness program that involves many types of exercises, including a form of powerlifting.  In a recent conversation I had with a friend, they commented that Chiropractors love Crossfit because it provides them with so much business!  Very similar to Orthopaedics loving 40 plus year olds that still play competitive basketball!  The challenge is that...

Read More

Ross Polking Thumbnail Photo

Savers Beware

Our government is at it again.  The proposed 2015 budget coming from the White House includes a few modifications to retirement accounts.  Most of the proposed changes reared their ugly heads in last year’s initial budget proposal, but all were eventually nixed before becoming law.  One new piece of legislation, however, targets Roth IRA accounts and would require those accounts be subjected to the same annual Required Minimum Distribution rules...

Read More

After the U.S. Congress voted in 2010 to raise the federal tax threshold for gifts from $1 million to $5 million, many Americans took advantage of the higher limit. According to Bloomberg, recent IRS data found that U.S. taxpayers reported $122 billion in tax-free gifts in 2012. Of that total, $84 billion was attributed to gifts valued above $1 million, and fewer than 30,000 people were responsible for this portion. Furthermore,...

Read More