by P.J. DiNuzzo March 12, 2016 Your Daily Guide to Millionaire Status Chances are, you know that it takes steady savings to accumulate wealth. A recent article in Business Insider actually calculated how much you'd have to invest each day in order to become a millionaire. Suppose your investments earn an average 7% yearly return, […]
by P.J. DiNuzzo March 15, 2016 Estate Tax Complexities Years ago, the way to most efficiently save on estate taxes was to set up credit shelter trusts that would pour assets from one spouse to another when death occurred, so that both spouses would get the maximum estate tax exemption. In those simpler days, people who […]
by P.J. DiNuzzo March 22, 2016 Why Should You Diversify? Equity markets have experienced a sharp decline to start 2016, leading some investors to reevaluate their asset allocation. As US stocks have outperformed developed ex US and emerging markets stocks over the last few years, some investors might consider reevaluating the benefits of investing outside […]
by P.J. DiNuzzo March 24, 2016 Beware the Bogus IRS Most people have seen bogus emails purported to be from the executors of the estate of Nigerian princes or other obscure foreign notables who want to give them millions of dollars, and sometimes they get bogus calls telling them they can win a lottery sweepstakes […]
by P.J. DiNuzzo March 26, 2016 Leading the World in Wasted Time America leads the world in economic productivity, total economic output, earnings and wealth per citizen and a variety of other categories. Now we can add something new to the list: time spent in automobiles during our daily commutes to work. The annual Traffic […]
by P.J. DiNuzzo March 29, 2016 The Anxious Bull We're in one of the longest-running, biggest wealth-producing bull markets in history, but you wouldn't know it from the headlines or the gloomy mood of investors. On March 9, the bull market in U.S. stocks, represented by the S&P 500, celebrated its seventh year. The index […]
by P.J. DiNuzzo April 5, 2016 The Bear That Wasn't The first quarter of the New Year has brought us small positive returns in many of the U.S. market indices, which means that investors survived-for now, at least-the worst start to a calendar year ever for the U.S. stock market. The Wilshire 5000 Total Market […]
by P.J. DiNuzzo April 12, 2016 Cheaters, Thieves and Tax Havens Leaked information tells the story of prominent world leaders who avoided taxes or looted their country's treasuries in order to squirrel away not only money, but expensive yachts, luxury homes, ownership of a candy company and investments in construction companies. The Prime Minister of […]
by P.J. DiNuzzo April 14, 2016 How Should We Think About the Future Chances are, you're underestimating the amount of progress we're going to make in technology, medicine and a host of other things. Why? Because your brain, and mine, and everyone else's, thinks linearly, rather than exponentially. We are living in an age of […]
