Albert Einstein is credited, at least as far as folklore goes, with saying that compounding of interest is mankind’s most remarkable invention. I would be inclined to agree, but with the following modification: TAX-FREE compounding of interest is mankind’s most remarkable invention. Tax-free income is hard to come by, in…
May 4, 2018
To Invest or Pay Down Debt, That is the Question
One of my favorite Will Rogers quotes is: “Don't gamble; take all your savings and buy some good stock and hold it till it goes up, then sell it. If it don't go up, don't buy it.” Seems like sage advice to me, and it’s about as helpful as the…
April 27, 2018
Using the “F” Word
I had just finished delivering a seminar on tax code changes, and was approached by a few seminar participants who had questions. After a few good tax questions, a couple stepped up and asked: “Are you, or is your firm a FIDUCIARY?” It’s an interesting question, mostly because it gets…
