Did you know the State of Georgia has a free service that can help answer your medicare questions? It’s called Georgia Cares and help can be found here: http://www.mygeorgiacares.org/
Came across this article and could not have said it better: http://www.forbes.com/sites/laurashin/2013/08/07/10-reasons-why-financial-plans-arent-just-for-the-1/#265159ee427e
I’m not sure how this news got by me, but the State of Georgia has increased the state tax deduction on 529 contributions:
ATLANTA — Governor Nathan Deal signed legislation that will double the state tax deduction for families filing a join tax return for contributions made to the Path2College 529Plan. Beginning with returns filed in 2017, joint filers are eligible to deduct up to $4,000 per beneficiary, per year, giving families even more advantages to saving for education-related expenses. Contributions up to $2,000 per year, per beneficiary remain deductible for those who file single or head of household. (Limitations apply. Read the Disclosure Booklet carefully for details.) Contributions to the plan made before the tax deadline each year are eligible for a state income tax deduction regardless of annual income.
House Bill 802, which was sponsored by Representatives Sam Teasley (R-Marietta), was signed into law on May 3rd by Governor Nathan Deal.
Here we go again. More headlines of investors being defrauded with “no risk / high return” promises. The only guaranteed no risk investments are US Treasuries or Bank Insured CD’s. They pay between 1% and 1.5%. If someone mentions returns in excess of this with no risk, please run away quickly.
I think this graphic of the S&P 500 sums it up pretty well. A big volatile range since late 2014, and we just crested June 2015 highs this past month.
One important question every new client asks is “how much communication do you have with clients?” Here is a sample email that I send out each week to my investing clients to discuss what is happening in the markets:
Weekly Investment Update for July 29th
I guess I could just copy and paste last weeks update in today’s email. The market has done a whole bunch of nothing as shown from the price chart of the S&P 500 below. We have basically been trading sideways for 2 solid weeks now…..
When you let an online system manage your money, are you ever really in control? So what happens when you really want to get out of the market? No advisor to talk with, just an online message that says “sorry no trading”.
click on link to read further:
a good read on the Fed’s stock market valuation thoughts: http://jessefelder.tumblr.com/post/146317450085/how-to-interpret-the-feds-warning-on-stock-market
This is a great visual of just how crazy the central bankers around the world are. Although, maybe they aren’t crazy ones? Maybe the folks buying these bonds are!