Are you thinking of gifting? Who else is on your mind more than your children and grandchildren (or nieces and nephews). As a reminder, each person can gift $17,000 to another person in 2023 without tax consequences. (An increase of $1,000 from last year) So, a couple can gift $34,000 in total to … [Read more...] about The Best Ways to Financially Give to Children
Investing
Go Global for Diversification That Travels Well
US-based investors may believe they know America best. Accordingly, they are likely to put the bulk of their investments in stocks and bonds of US-based companies and in US federal and municipal fixed income securities. Given the size and relative safety of this market, that may seem a sound … [Read more...] about Go Global for Diversification That Travels Well
What Drives Investment Returns? Start with Ingenuity
A recent news item reported that Frederick Smith intended to step down as Chairman and Chief Executive Officer of FedEx Corp., the largest air freight firm in the world. As a Yale undergraduate in 1965, Smith wrote a term paper for his economics course outlining an overnight air delivery service … [Read more...] about What Drives Investment Returns? Start with Ingenuity
Is It Time to Sell Stocks?
KEY TAKEAWAYS Soaring inflation and record market highs may leave investors wondering whether it’s time to adjust their portfolios. Researchers have examined a wide range of timing strategies based on earnings, dividends, interest rates, economic growth, and … [Read more...] about Is It Time to Sell Stocks?
Missing the Market’s Best Days
If you had invested $1,000 in the stock market in 1990 could you figure out how much that money would be worth today? Possibly. However, if you tried to time the market during that period, I bet you would be surprised how much you would have lost just by missing a few of the market's best … [Read more...] about Missing the Market’s Best Days
The 80/20 Rule – Pareto Rule
Anyone who has studied business or economics is familiar with the power of the Pareto Principle - commonly referred to as the 80/20 Rule. What is Pareto’s 80/20 Rule: This rule deals with the universal concept about the imbalance of inputs and outputs. While it does not always come out to be … [Read more...] about The 80/20 Rule – Pareto Rule