Archive for September, 2019:

CFA vs. CFP: what they are and how they differ

Written on September 30th, 2019 by Jamesno shouts

Great article explaining the top two credentials in personal finance.  Having gone through both programs I’ll have to agree with everything they state, but in the end why not work with someone who is both, instead of choosing one or the other?

https://money.usnews.com/investing/investing-101/articles/cfa-vs-cfp-what-they-are-and-how-they-differ

 

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One of my biggest pet peeves

Written on September 26th, 2019 by Jamesno shouts

If you are holding “active” mutual funds within a taxable account, you can end up with a tax nightmare.  2018 was a good example, market was down on the year but many unsuspecting investors got 1099′s because of active mutual fund cap gain distributions.  So your account is down but you still owe taxes!

This year the market is up, but you may still get some unwelcome taxable gains.  Here is a good article to explain it:

https://www.barrons.com/articles/the-looming-mutual-fund-tax-hit-51569523180?

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