April 29, 2010 – 10:52 am
It used to be that if you were into the soap opera scene you just turned on your television from early to mid afternoon and watched your favorite shows. Well, now we have the all day variety and it is based in none other than our nation’s capital, Washington, D.C. It truly was most interesting in that today’s show began mid morning and lasted well into the evening. The employees of a major Wall Street powerbroker got to play starring roles before… Continue reading
Having just had a birthday in my mid (all right, moving to upper) 50’s, I fleetingly thought about what retirement planning for me would be like. In my 25+ years of helping people move into their new paradigm of life, I rarely thought about it myself. Now, not to worry. I have no intention of retiring…at least not in the near future- I’m having too much fun doing what I do every day.
Retirement planning takes time. Not the time it takes… Continue reading
On Friday 4/16 the Securities and Exchange Commission charged Goldman Sachs and one of its vice presidents with defrauding investors by misstating and omitting key facts about a financial product related to subprime mortgages.
We didn’t really think the sub-prime mess was over, did we?
According to CBS MarketWatch, “Goldman wrongly permitted a client that was betting against the mortgage market to heavily influence which mortgage securities to include in an investment portfolio, while telling other investors that the securities were selected by an independent, objective third party,”
As in most professions, areas of specialty are prevalent. Doctors have dozens of specific niches, accountants may specialize in personal, business, corporate or a myriad of places in between: even chefs fall under the categories of souse, pastry, salad, etc. When choosing an attorney, going the general route may hurt rather than help you in all but the simplest of needs.
Choosing an attorney is part of your financial and business life. It is important to… Continue reading
Nobody wants or likes an audit. The thought of IRS coming in and you having to prove that which you claimed on your tax return is brutal, no matter how honest you may be. The sheer stress of it all is enough to make even the strongest man or woman shake in their shoes. If you are the victim of a random audit, is there a key to a successful end?
An audit may be triggered by a vast number of things: Expenses that… Continue reading | 1 Comment
With interest rates at a 40+ year low, you can bet that it’s not going to stay there forever. As I am a realist and always look at the yin and yang of life, to really define how good or bad low interest rates are really depends on how you use this tool, and what side of the fence you are on- the giving or the receiving.
Firstly, let’s look at the income side of the fence. Assuming you are on… Continue reading | 1 Comment