Making Lemonade from Lemons

Month: December 2014

December 31, 2014  |  

Making Lemonade from Lemons

We often talk, especially towards year end, about loss harvesting or harvesting your losses.  While no one likes losses in his or her portfolio, this technique is the equivalent of making lemonade from lemons.  Though tax considerations shouldn’t be the primary driver of your investing decisions, losses will occur in every portfolio at one time or another and utilizing those losses can add significant benefits to the portfolio’s after-tax return over time. How it Works […]

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December 30, 2014  |  

How to Prevent Scams on Seniors

Financial scams targeting seniors have become so prevalent that they are now considered by some to be the “crime of the century.”  The below article by Marlo Sollitto of does an excellent job of provided context and suggestions for lessening the risk of fraud on the elderly.  The article discusses the fact that Scam artists relentlessly prey on seniors. Why are the elderly more susceptible and more likely to become victims of a scam? […]

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December 29, 2014  |  

Estate Planning Checklist

Make sure family members know where to find your essential documents and contact information. Key Takeaways Sometimes it’s the simplest, but most important things that get overlooked in estate planning. Don’t be overwhelmed by the amount of essential information you need to share with loved ones. These and other checklists can help get you organized. There are a number of good solutions on the market that provide secure digital lockboxes in the cloud.  Now is […]

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small business retirement plans

December 18, 2014  |  

401(k) Plans: The Early Days, ERISA and Your Fiduciary Responsibility

Third in a series of articles about retirement plan costs for investors, business owners and plan administrators Key Takeaways The Employee Retirement Income Security Act of 1974 (ERISA) put in place guidelines to help protect retirement plan participants. The 401(k) plan, although a relatively new concept, has become the primary retirement savings vehicle for today’s investor. Having a fiduciary helps to ensures that the interests of plan participants are placed first. In this article, we […]

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