Global stock markets have performed strongly during 2017, pushing many broad market US and international indices to new highs. While investors welcome the performance, many also question whether they should reduce their exposure to stocks. The answer typically depends on their financial position relative to goals, investment horizon, and tradeoffs such as taxes. Investors with sufficient assets nearing retirement might consider reducing stock positions to reduce expected volatility.
Investors, both institutional and retail, often invest in alternatives in pursuit of greater diversification or risk reduction; however, alternatives might fail to reliably accomplish these goals.
For most parents, sending their child to college is at the top of the wish list. A college education can open doors to many opportunities and help your child compete in today’s competitive job market—but that diploma doesn’t come cheap.
One approach to preventing identity theft is to freeze your credit, the strongest defense against fraud—and under new federal law, you can do it free of charge. We get into the details on how doing so may be the best choice for you.
Once you turn 70 ½, the IRS mandates that you take a Required Minimum Distribution (RMD) from your retirement accounts. There are various stipulations with taking RMDs, but we’re here to take you through it.
If a child has earned income, money received from someone else can be used to fund an IRA. It doesn’t matter if the child is a teenager with some part-time income or a graduate with a full-time job. The only stipulation is that your child must have earned income — not investment income — that was at least equal to the amount of the contribution. A W-2 from an employer would show proof of income. Alternatively, if the child earned income from non-W-2 sources (babysitting, shoveling snow, etc.), be sure to keep precise records of how much they made.
Please join us in welcoming our new Wealth Planning Lead Advisor, Clayton Boone! Clayton brings more than ten years of experience in the areas of asset management, wealth management, and institutional sales and will be heading up our client experience initiatives. Previously, Clayton held positions in the investment management industry where he oversaw key accounts, sales […]
Car buying can be a stressful and time-consuming experience; finding a trustworthy dealership, assuring the vehicle’s price is in fact market value, and considering additional, often hidden, fees. Let your Austin Asset team relieve you of these stresses by determining competitive prices across the local dealer market, providing greater transparency for surprise costs, and connecting […]
If done correctly, the donations you make to charities or non-profits can save you a significant amount in taxes. We’ve developed a list of some strategies to consider and discuss with your Austin Asset advisor: Donate appreciated securities If you donate a stock that has appreciated, there are two ways you can save: first, stock appreciation […]
For most parents, sending their child to college is at the top of the wish list. A college education can open doors to many opportunities and help your child compete in today’s competitive job market—but that diploma doesn’t come cheap. College costs According to The College Board’s 2018 Trends in College Pricing report, the average […]