Blog

November
06

Provided by: Your Family CFO Team

Taxes are what we pay for a civilized society

U.S. Supreme Court Justice Oliver Wendell Holmes’s statement is engraved on the front of the Internal Revenue Service building in Washington, D.C. Some people agree with the sentiment. Others believe it to be a logical fallacy. It’s likely the tax plan proposed by House Republicans last week had all of them talking, regardless of position…

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October
30

Provided by: Your Family CFO Team

The last full week of October was a box full of surprises…

First, U.S. economic growth exceeded expectations. The devastation wrought by Hurricanes Harvey, Irma, and Maria was widely expected to stifle U.S. quarterly growth, according to NPR. The Atlanta Federal Reserve predicted 2.5 percent gross domestic product (GDP)* growth for third quarter, down from 3.1 percent the previous quarter. Instead, U.S. GDP grew by 3.0 percent….

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October
19

Provided by: Macy

12 Ways Small Businesses Can Improve Their Social Media Presence

April 7, 2017 Post Written by Forbes Agency Council    Social media provides a powerful tool for outreach: Companies can share stories, talk about events or offers, or discuss services or solutions with interested customers or potential clients. But not every small business has set aside the time and money to establish an online strategy…

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October
16

Provided by: Your Family CFO Team

There’s a new kid in town: narrative economics

Last week, Richard Thaler was awarded the Nobel Prize in economics. His work in behavioral economics and finance recognizes not all economic and financial decisions are made after rational reflection. In Nudge, he wrote: “The workings of the human brain are more than a bit befuddling. How can we be so ingenious at some tasks…

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October
09

Provided by: Your Family CFO Team

Slow and steady…

It has been 332 days since the Standard & Poor’s 500 (S&P 500) Index experienced a 5 percent drop, reported Barron’s. If there isn’t a selloff on Monday or Tuesday, this will become the longest rally without such a drop. During this period, the Index has gained 33 percent. Think about that for a moment:…

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October
05

Provided by: John Jespersen

Caring for a Parent – Proactive Planning: Ten Wise Considerations

Most of us have heard about the Sandwich Generation: those who are caring for children and parents at the same time. Longevity has made it increasingly possible that at some point in life you will be involved in the planning or direct care of a parent – if you have not or are not caring…

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October
02

Provided by: Your Family CFO Team

A lot happened in the 3rd quarter of 2017, but not much changed.

The bull market in U.S. stocks continued to charge ahead. Traditional measures of valuation continued to suggest the market is overvalued, but some analysts argued it’s different this time. The Economist explained: “The current [cyclically-adjusted price-to-earnings] ratio of 31 suggests that stocks are about 50% over-valued – a figure that has only been exceeded in…

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September
25

Provided by: Your Family CFO Team

Geopolitics, what is it good for? Absolutely nothin’!

In January, Robert Kahn of the Council on Foreign Relations wrote in Global Economics Monthly: “Markets showed impressive resilience in the face of a range of geopolitical shocks in 2016, but recent market moves suggest this year could be different…It should be the year that global geopolitical risks provide the volatility in markets that I,…

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September
19

Provided by: Vince Pastorino

Medicare Open Enrollment for 2018

By Insure.com – Last updated: July 11, 2017 Open enrollment for Medicare runs from Oct. 15, 2017 to Dec. 7, 2017 for plans starting Jan. 1, 2018. While the future of the private health insurance market continues to be uncertain, Medicare open enrollment is running like it has for years. As a Medicare beneficiary, you have…

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September
18

Provided by: Your Family CFO Team

The Markets

“In theory, there is no difference between theory and practice, in practice there is.” Yogi Berra was talking about baseball, but the concept also applies to diversification, according to the GMO White Paper, The S&P 500: Just Say No. From the title, you might think the authors – Matt Kadnar and James Montier – don’t…

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