ACTION POINT

TAKE ADVANTAGE OF THE HIGHER INTEREST RATES AVAILABLE IN CASH

February 16, 2019

TAKE ADVANTAGE OF THE HIGHER INTEREST RATES AVAILABLE IN CASH

CASH COUNTS

  • Best performing asset class 2018
  • 3 month T bills +1.9%
  • Cash can provide a positive return
  • Competitive rates available

RAISE YOUR OWN RATES

  • Higher rates available than savings accounts at commercial banks and most brokerage firm cash accounts

YIELD BOOSTERS

  • Savings accounts at online banks offer +2% yields, Federally insured up to $250,000
  • Short term U.S. Treasury yields are +2%<

Watch the related WEALTHTRACK episode.

NO MATTER HOW TEMPTING, AVOID MARKET TIMING

February 8, 2019

NO MATTER HOW TEMPTING, AVOID MARKET TIMING

MISSING OUT

  • If out of U.S. stock market for 25 best days between 1970 and 2015 returns reduced from +1,910% to +371%
  • If out of UK stock market for just 2 quarters since 1900 cumulative real returns reduced by + 50%
  • If out of U.S. market for just 2 quarters since 1900 returns reduced by + 66%

Watch the related WEALTHTRACK episode.

THINK ABOUT YOUR VALUES AND HOW YOU CAN APPLY THEM IN SOME OF YOUR PORTFOLIO

January 25, 2019

THINK ABOUT YOUR VALUES AND HOW YOU CAN APPLY THEM IN SOME OF YOUR PORTFOLIO

  • Many Socially Responsible Choices:
  • -Industries to invest in or not to invest in
  • -Companies involved in activities you believe in
  • -Companies with best management practices
  • -Companies having an impact on underserved communities or countries

Watch the related WEALTHTRACK episode.

KEEP SOME BONDS IN YOUR PORTFOLIO

December 14, 2018

KEEP SOME BONDS IN YOUR PORTFOLIO

Watch the related WEALTHTRACK episode.

TAKE FULL ADVANTAGE OF TAX DEFERRED SAVINGS PLAN

December 7, 2018

TAKE FULL ADVANTAGE OF TAX DEFERRED SAVINGS PLANS

2019 ALLOWED CONTRIBUTIONS RISING

    401(k) OR SIMILAR WORKPLACE RETIREMENT PLAN:

  • $19,000 for under age 50
  • $6000 catch-up contribution for age 50 or older remains the same
    INDIVIDUAL RETIREMENT ACCOUNTS – I.R.A.’s:

  • $6000 for under age 50
  • $7000 for age 50 or older
    • HEALTH SAVINGS ACCOUNTS – H.S.A.’s:

 

    • $3500 for under age 55

 

    $1000 catch-up contribution for age 55 or older remains the same
    HEALTH SAVINGS ACCOUNTS = TRIPLE TAX BENEFIT

  • tax-free contribution
  • tax=free growth
  • tax-free withdrawals

Watch the related WEALTHTRACK episode.

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