A down market can mean tough times and the loss of value of investments, but it can also present unique opportunities to minimize property transfer (gift and estate) taxes. While owning assets that are losing value might seem like a bad thing, it may actually be a great time to reduce your taxable estate by [...]
1. American consumers spend more money on average in 2 months than all the consumers in China and India spend in a year (source: Time Magazine). 2/04/08 issue, bullet # 14
2. 54% of American investors do not read financial literature (e.g., newspaper or magazine articles) because they believe the content is “too hard to understand” (source: AARP). [...]
Categories: BeamaLife, Business Owner, Disability Income Insurance, Fixed Annuity, Home Maker, IT Professional, Physician, Retirement Savings Tags: Investment, Mortgages, Retirement, tax
This question is on every one’s mind these days; is whether or not the U.S. will sleep into a recession and further more in a depression. Technically, a recession is defined as two consecutive quarters of negative GDP growth. Surveying the current thinking among economists suggests that the potential for a recession lies somewhere between [...]