I Have a Question for ALL the Business Owners in America…
Question: When is “Tax Season”?
Answer: Every Season
No, I’m not trying to be a wise guy – although I’ve been accused of that many times before. What I am trying to do is help you avoid surprises, or even worse, the oops, it’s too late to do anything about it surprise.
And It’s Good News for Investors
In past articles and blog posts I have written about the different business models or fee structures that financial advisors use when working with clients. You can find these archived articles here.
I’m not going to get into the details, including advantages and disadvantages of each, but generally speaking, we are talking about three primary methods:Read More
Summation of the Five Great Wealth Predators of the Affluent
As part of the research for his book Cultivating the Middle-Class Millionaire©2005, Russ Alan Prince; Wealth Management Press, Prince & Associates conducted some research to find out what was in the minds of people with moderate wealth.Read More
“Conventional wisdom is often more conventional than wisdom.” Minh Tan
“Doubt conventional wisdom unless you can verify if with reason and experiment.” Steve Albini
Any set of wealth predators to the affluent in our society must include this all important issue impacting almost every person in today’s investing population.
Our last few blog posts have been covering a series of topics, I collectively refer to as “The Wealth Predators of the Affluent”. These are the common matters in our society that erode wealth and particularly the wealth of the successful.
So far we have reviewed Taxes, Litigation and Divorce.
As we continue with our series focused on what I call is The Five Great Wealth Predators of the Affluent we move on from #1 Taxes, #2 Litigation and now turn to #3, the breakup of the American family due to divorce.
In this post we will examine the following. Why divorce is a challenge for wealth and estate planning……
“Litigation is the basic legal right which guarantees every corporation its decade in court. David Porter – Microsoft Corporate Vice President of Retail Sales “Animals have these advantages over man: They have no theologians to instruct them, their funerals cost them nothing, and no one starts lawsuits . .Read More
How to Avoid The Five Wealth Predators of The Affluent – Wealth Predator #1 Taxes “There are two systems of taxation in this country, one for the informed and one for the uninformed” “Any one may so arrange his affairs that his taxes shall be as low as possible; he is not bound to choose…Read More
How exposed are you? “It’s not what you make, it’s what you keep that counts.” Too many people for confident attribution, including reportedly Mr. Buffet. Logically we all know this quote is critical, it’s what you keep that counts. Of course top line health and growth of our income, revenue and wealth is important, but it doesn’t matter. .Read More
How will an increase in interest rates impact the health and wealth of seniors and risk in our society? Economic indicators are pointing to a greater . . .Read More