Don't play 'offense' either - play it smart Markets can be unpredictable in the fall. Also in the winter, spring, and summer. I got to thinking about this when I was recently asked to recommend some “defensive” mutual fund investment categories that would see an...
Three principles of financial planning for millionaires (and wannabes) What would you do with $31 million? It’s a common fantasy question at coffee break or around the water cooler when government lottery jackpots reach eye-watering levels. A recent Lotto 649...
I’m often asked by clients what to do with shares of bankrupt, insolvent, or wound-up companies that are no longer traded on the stock market. For obvious reasons, taking a capital loss on the shares makes sense, especially if there are capital gains elsewhere that...
It looks easy, doesn’t it? Just log on to your self-directed investment account, tap, tap, tap in a trade or two, and you’re done. And if your stock goes up, you’ve got bragging rights. Good for you! But if your stock goes down? If you sell and get a surprise tax...