About Jason Lina

Jason Lina is a Partner, Lead Advisor, and Chief Investment Officer at Resource Planning Group where he advises clients in financial planning matters covering investments, taxes, estate planning, retirement planning, personal finance, education planning, and insurance. He is a Chartered Financial Analyst (CFA) charterholder and a CERTIFIED FINANCIAL PLANNER™ (CFP) with over 18 years of professional experience in the financial services industry. Jason earned his MBA from the Tuck School of Business at Dartmouth College, and received his undergraduate degree (BA, History) from Davidson College where he was captain of the golf team and a first-team Academic All-American. You can find Jason's personal biography and for his contact information here: http://rpgplanner.com/jason-d-lina/

Outcomes and Probabilities

German, Brazilian, English, Argentine, and Spanish football fans, take heart.  Football (or in American vernacular - soccer) is quantifiably, the least predictable major sport.  In no other sport is luck such a critical determinant of the outcome.  So you have that going for you the next time you sit down with a Frenchman to discuss [...]

The Astute Angle Turns 100

On October 1, 2013, the United States government officially ran out of money and was forced to shutdown all non-essential operations as the result of a budget impasse.  For the next 16 days, national parks closed, 800,000 federal workers were furloughed without pay, and Veterans Affairs stopped sending benefit checks. In the less historically significant [...]

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Why You Should Not Own Your Best Investment Idea in a Tax-Deferred IRA

The following paraphrases a conversation that I have had many times before with friends and clients.  It is obviously never the same dialogue but the underlying advice is the same - that you should generally not own your favorite investment or can't-miss stock idea in a traditional IRA.   Me: Did you buy this stock because [...]

Your Brokerage Statement is Terrible

Brokerage statements are almost universally uninformative, misleading, and confusing.  They are largely a means for custodians to fulfill their legal reporting requirements as well as a legacy of yesteryear when we didn't have access to real-time data.  They often neglect important information that would be helpful for investors.  In many ways, these statements do far [...]

Should I Use a 529 College Savings Plan to Pay for Private K-12 Expenses?

When qualified state tuition programs (QSTPs) were first introduced in 1996 and Section 529 was added to the Internal Revenue Code, the intent of Congress was to create a create a tax-friendly way for families to save for college costs.  At that time, the law provided that any earnings in a QSTP would be tax [...]

The Newly Expanded Tax Credit That Every Georgia Taxpayer Should Understand

Last week, Georgia Governor Nathan Deal signed House Bill 769, expanding a Georgia tax credit that supports rural hospital organizations across Georgia.  We explained the value of the rural hospital tax credit in this 2017 Astute Angle post but the recently expanded tax credit under HB 769 combined with provisions of the Tax Cuts and [...]

Children as Dependents, Kiddie Tax, and College Tax Planning Strategies – Updated

Back in 2014, we authored this article explaining why higher income parents may be well served to gift appreciated investments to their children and then have the children use the proceeds to pay for college.  The article further explained how taxpayers who faced alternative minimum tax (AMT) received no tax benefit from claiming their children as [...]

A Story of Correlation and The Greatest Team Ever Assembled

A respected portfolio manager presented recently at an investment symposium where she explained an investment strategy that has consistently maintained zero correlation to stocks.  Several times during her presentation, she described why the strategy should be expected to maintain a near-zero correlation to stock markets in the future.  During the break that followed, financial advisors [...]

How Apathetic, Ignorant, or Overcommitted is Your Financial Advisor?

All three of time, interest or passion, and knowledge are required to be successful at anything.  I might have the knowledge of how to mow my grass properly and I might enjoy mowing my grass but if I don’t have the time to mow my grass, then my lawn eventually becomes a mess.  Alternatively, I [...]

The Newly Expanded Benefit of the Qualified Charitable Distribution

What do Arnold Schwarzenegger, Steven Tyler, Stevie Nicks, Billy Crystal, and my father all have in common?  At least two things.  They will, God willing, all celebrate their 70 1/2 birthdays in 2018 and join the ranks of approximately 25 million others in the United States over this age (assuming, of course, that they all [...]