Like most of us, I am quite frustrated with what I see coming out of Washington the past couple weeks, especially as it relates to the pending tariffs that are about to be enacted. I went to college and grad school for about 6 years, and have degrees in Economics and Investment Management. I can recall about 30 mins of total tariff discussion in all of my classwork. “Ok, tariffs don’t work, you’ll probably never...

Ed Slott is a thought leader on taxes and has made a living on IRA thoughts and tax advice related thereto. For quite a few years he has been beating the drum of “pay taxes or even extra taxes now because the tax bill will inevitably be so much worse in retirement/later on.” At least for my clients, I do not like this train of thought. Here are my takeaways: 1) There is an implication...

And once again, we have a new President. My clientele spans the gambit from thrilled to distraught, much like the populace. I try to keep a steady hand and remain objective about what happens in politics. Let’s take a minute to look at the markets and the potential implications. Interest rates are lower by 0.75% than they were mid-September 2024 on the overnight lending rate, but longer rates have stubbornly moved higher over the same...