Rolling over a 403(b) account is technically a distribution, but, because you’re depositing the funds into another tax-advantaged retirement account, you won’t pay any early withdrawal penalty or taxes. The only caveat is you must deposit any 403(b) distributions into a qualified account within 60 days of receiving it. Often a plan administrator or financial […]
Mid Quarter Update
As it has been a particularly worrisome time for financial markets, with a slow-moving banking crisis putting investors on edge, I felt a brief update to be appropriate.
This Saturday will see two of the most respected investors in the world, whose combined ages total over 180 years, sit next to one another at […]
Not too long ago, we experienced many years of a “Goldilocks” economy: interest rates were low and were kept low while equity markets enjoyed seemingly endless expansion. Now, when you turn on a financial news channel or read a financial periodical, all is doom and gloom. Even in the best of times, financial journalists use […]
Clients who were unable to attend our annual Holiday luncheon are invited to watch and listen Gary Miller’s presentation from December 9, 2021
As Certified Financial Planners (CFP)®, we serve clients whose investment and retirement accounts total $500,000 and greater and who are looking to delegate investment decision making so they may […]
The above quotation is from my quarter end report of a year ago, a year that was not particularly happy for our clients nor for stock investors in general. 2016 is a better year, proving the wisdom of investor patience. This year began […]
A Certified Financial Planner, pledged to act as a fiduciary would likely have protected the investors described in this article by never showing this product. We have never done so! Pass this on to a friend!
From the Wall Street Journal, “Wall Street Re-Engineers the CD—and Returns Suffer” – ‘Structured’ certificates of […]
The subject of this interview is the fellow who made a fortune shorting the big banks going into the financial meltdown of 2008. He is not a naive cheerleader for the banking industry, so his current opinion, which reflects my own carried weight. As many clients know, we have been investing in preferred […]
From the Wall Street Journal, “5 Things Investors Should Know About New Rules on Money-Market Funds – Brace for the possibility of fluctuating share prices and temporary blocks on redemptions” by Daisy Maxey, August 9, 2016
Investors in money-market funds should prepare now for extensive new rules in mid-October that promise to fundamentally […]
From the Los Angeles Times, "As Japan’s population shrinks, bears and boars roam where schools and shrines once thrived" by Julie Making, July 11, 2016
The red-roofed temple at the top of the hill closed about a decade ago, and now Yoshihiro Shibata can’t even remember its name, though the 54-year-old dairy farmer […]