Brought to you compliments of Sarah M. Place, MBA
|
|
|
October 2006
|
Saturday, February 4, 2012
|
|
|
Planning for Your Future
Financial planning is an ongoing process. The tax laws and investment markets change frequently. We should sit down and review your financial situation at least once a year. This will provide an update of your situation, an evaluation of your investments, and determine whether adjustments are needed.
There are special considerations for every age. Are you building a nest egg for retirement? Anticipating college expenses? Getting ready for retirement? Retired? Maximizing the performance of your investments? Taking advantage of ways to reduce your income taxes? Have the proper insurance? Implementing an estate plan?
Please take the time to set up an appointment for this review. It is a great opportunity to review your goals, assess where you are, and make adjustments, if necessary. Call or e-mail now so that we can make sure that you are on the right track to financial security.
|
|
Consider These Tax Planning Strategies
While many strategies can help you reduce
your income tax bill, those strategies basically fall into three
main techniques: reduce or eliminate taxes, postpone the payment of taxes until sometime in the future, and shift the tax burden to another individual.
[FULL ARTICLE]
|
The Basics of CRTs
A charitable remainder trust (CRT) is an
irrevocable trust set up to benefit a charitable organization.
The trust's term is one lifetime, several lifetimes, or a period
not to exceed 20 years. Basically, you irrevocably gift an asset
to the CRT, usually an asset with a low tax basis that has appreciated
significantly. During the trust's term, you receive a certain
amount of income and/or capital annually (called the retained
interest). At the trust's termination, the charitable organization
receives the remaining assets (called the remainder interest).
CRTs offer several benefits...
[FULL ARTICLE]
|
Your Stock Allocation
Your asset allocation mix represents your
personal decisions about how much of your portfolio to allocate
to various investment categories, such as stocks, bonds, and cash.
How much you allocate to each category depends on your financial
objectives and personal circumstances. However, it is a percentage
that is likely to change over time. As your needs for safety of
principal and a steady income stream become more important, the
percentage of stocks you own is likely to decrease.
[FULL ARTICLE]
|
How Secure Is Your Financial Identity?
It is estimated that 4.25% of American adults
are subject to identity theft every year (Source: Money,
July 2005). Approximately half involve credit card fraud, where
a thief steals a credit card number and charges items to it. While
an inconvenience, this does not have a lasting impact on a person's
financial identity, and the person does not have to pay the fraudulent
charges. The more significant worry, which occurs
in 25% of identity thefts, is when another individual obtains
sufficient information to borrow money or open accounts in your
name.
[FULL ARTICLE]
|
How Will an Aging Population Affect the Economy?
For years, we have heard that aging baby
boomers will place a tremendous strain on our economy after retiring.
However, the problem is not limited to the United States, since
the populations of Japan and western Europe are also aging rapidly.
With much of the world's wealth held by people in the United States,
western Europe, and Japan, there will be a tremendous strain on
savings worldwide due to the fact that retired people typically
save less than younger people.
[FULL ARTICLE]
|
|
|  |
|
|
Sarah has over fifteen years experience in the financial services industry. She received her MBA at St. Mary's University Graduate School of Business in San Antonio, TX and her bachelor’s degree in Economics–Finance at Bentley College in Waltham, MA. The firm she founded, Place Trade Financial, Inc., (Member NASD, SIPC) is an active member of the Securities Industry Association (SIA).
Feel free to contact Sarah via e-mail at
sarah@placetrade.com
or visit our Web site
www.placetrade.com
|
|
|
Published by
Sarah M. Place
Copyright © 2006 Place Trade Financial, Inc., Member NASD/SIPC. All rights reserved.
This newsletter intends to offer factual and up-to-date information on the subjects discussed, but should not be regarded as a complete analysis of these subjects. The appropriate professional advisors should be consulted before implementing any options presented. No party assumes liability for any loss or damage resulting from errors or omissions or reliance on or use of this material.
|
TELL A FRIEND
|
|
| |