News of real interest.
The Tax Cuts and Jobs Act passed in late 2017 provided for tax incentives designed to encourage capital investment in local “zones” in an effort to spur economic development and job creation in distressed areas. The Opportunity Zone, or O-Zone, program encompasses over 8,000 census tracts and more than 30 million residents across the U.S. Texas has approximately 600 Opportunity Zones, with…Read post
“The investor who says, ‘This time is different,’ when in fact it’s virtually a repeat of an earlier situation, has uttered among the four most costly words in the annals of investing.”
Sir John Templeton, Investment Success, 1933.
Sometimes investment market trends are so strong, and extend over so many years, that even time-tested approaches, such as disciplined, diversifie…Read post
“I claim not to have controlled events, but confess plainly that events have controlled me.” Abraham Lincoln in a letter to Albert Hodges, April 4, 1864.
What a difference three months makes. As 2019 began investors were coming to grips with the worst quarterly performance in U.S. equity markets since the third quarter of 2011. Despite the dramatic fourth quarter contraction in eq…Read post
Just the words “estate planning” can conjure up visions of laborious and complex work. Although this could be the case for larger estates, a basic will package can be relatively straightforward, attainable and something everyone should employ.
Below are the basic estate planning documents that most people will need:
Last Will and Testament: Assets that pass through …Read post