Part Two ended with comments about Irrevocable Life Insurance Trusts. Here is a continuation of those thoughts. Again, my thanks to Richard M. White, Esq. here in Gainesville for providing the necessary resources for this overview... Private Trusts Most trusts are private trusts. In addition to those commonly encountered, there are many that have very …
Tag: Gainesville
We must listen to what bond markets are telling us,
not what the pretend politicians are telling us. Financial Times article by Martin Wolf What is to be done? To find an answer, listen to the markets. They are saying: borrow and spend, please. Yet those who profess faith in the magic of the markets are most determined to ignore the cry. The fiscal skies …
Continue reading We must listen to what bond markets are telling us,
The Whole Truth and Nothing But
By THOMAS L. FRIEDMAN Published: September 6, 2011 Kishore Mahbubani, a retired Singaporean diplomat, published a provocative essay in The Financial Times on Monday that began like this: “Dictators are falling. Democracies are failing. A curious coincidence? Or is it, perhaps, a sign that something fundamental has changed in the grain of human history. I …
Capital Market Insights – September 6, 2011
Here is your Weekly Insights update from Curian’s Asset Management Group. This informative capital market update is designed to help you stay informed about important developments in economics, the markets, and … CONTINUE
You and the IRS
Interesting article by Bonnie Lee, an Enrolled Agent who practices on California. She speaks about things you do that might trigger an IRS audit of your tax return. Here are several points she makes: Today many audit requests are being handled over the phone: The IRS agent will call to schedule an appointment and then …
Trusts and What They Are – Part One
Many thanks to Richard M. White, a friend and colleague who is an expert on Wills and Trusts. He is an expert estate planning attorney with an office in Haile Plantation here is Gainesville. He has given me material over the years from which I have drawn conclusions that will be helpful to the general …
SEC Charges Florida Pair in Ponzi Scheme
From AdvisorOne.com The Securities and Exchange Commission announced Monday that it has charged two Florida men for running a Ponzi scheme that robbed more than 100 investors of $22 million. The scheme, which purported to be a private equity fund and was marketed under the names “Managed Capital Fund,” “Safe Harbor Private Equity Fund” and …
Be Careful What You Put Into Your IRA
Individual retirement accounts (IRAs) exist in many forms. In general, if you have income from working for yourself or someone else, you may set up and contribute to an IRA. Most of the more than $3.4 trillion held in IRA accounts are held by the major brokerage firms and invested in stocks, bonds and mutual …
The Race to the Bottom
The idea behind this post came from Bob Veres whose thoughts and writings appear from time to time in the magazines and journals that I follow regularly. This has been an up-and-down summer and there are lots of thoughts to share. 1. Emotions rule asset prices and any effort to invest rationally is doomed from …
The Risk of Loss
It is a given that when someone invests money there is a potential for loss. How much loss and when is an absolute unknown. The only protection against such a potential loss is a contractual guarantee, and even then it may not be. (See the recent debt crisis in Washington) What is possible, however, is …
Helping Define Your Financial Future 