Turbulence Forecasting for Pilots and Financial Advisors

I'm learning to fly, but I ain't got wings I recently spoke with a pilot about how he obtains and handles the forecasts for in-flight turbulence in advance of a flight.  Before each flight, he gets a fairly precise report of weather along the route and something called a turbulence plot, which is based on [...]

Keeping Safe in an Unsafe World

You should assume that criminals have your private information – credit card numbers, date of birth, Social Security number, etc.  If they did not already have this data from hacks at Target, Home Depot, Yahoo, and other institutions, they almost assuredly have some of your private information following the Equifax breach.  “But wait,” you say, [...]

How A Negligent Rule of Thumb Causes Poor Divorce and Estate Planning Decisions

An important consideration in divorce and estate planning that often gets ignored, underappreciated, or just poorly evaluated is the relative comparison of different account types: tax free accounts, tax deferred accounts, and taxable accounts.  While many people tend to think of $100,000 as $100,000, the account type in which the money resides can make a [...]

4 Things You’ll Wish You Did Before the Bull Market Becomes a Bear Market

"We all must suffer one of two things: the pain of discipline or the pain of regret." Entrepreneur Jim Rohn was not specifically describing the practice of investing with this quote but it fits perfectly.  The harsh reality of investing is that there will be good times and there will be bad times.  Getting greedy [...]

What to Do With Your Emergency Reserve?

The Astute Angle tackles a question that we commonly receive in conversations with clients.  The question comes in many forms but often resembles the following:  I have an emergency reserve (or cash stored up for a future home/car/asset purchase) that I want to keep safe but I also want to make a little return on [...]

Scrabble, Monkeys, and a Better Way of Passive Investing

Oxyphenbutazone is a non-steroidal, anti-inflammatory drug used mostly in eye-drops that was pulled from markets worldwide in the mid-1980’s for its link to bone marrow depression.  More interestingly, but perhaps just as trivial, Oxyphenbutazone represents the highest possible scoring play in Scrabble.  Play it across three triple word score squares and eight already-played, perfectly positioned [...]

Good and Bad Reasons Why High Income Earners Miss the Opportunity With 529 Plans – Part I

Mid-career professionals with young children severely underutilize Section 529 College Savings Plans.  That is not to say that these parents are unaware of 529 Plans or not using them for college savings.  In fact, most mid-career professional parents who I meet already know about 529 Plans and are often funding these accounts for future college [...]

Georgia AMT Taxpayers Take Notice – The Rural Hospital Tax Credit

We wrote this article in 2015 about a simple tax credit (the QEE Tax Credit) that provided an opportunity for taxpayers in Georgia who face alternative minimum tax (AMT) to reduce their tax liability by $700.  The popularity of this tax credit subsequently expanded (which clearly was attributable to our publishing of a blog post highlighting the [...]

The Qualified Charitable Distribution Explained

The history of the qualified charitable distribution (QCD) feels a lot like the 'Friends' relationship of Rachel and Ross.  Off.  On.  Off.  On.  Off.  On.  There has been enough disruption in the availability of this tax-saving opportunity that it has been hard to remember if it is on or off.  Good news...it's on.  The brief history goes [...]

Q1 2017 Investment Commentary Part II: Forecasting the Future

Let’s start with a debatable, but widely held fundamental concept of investing: the best predictor of future returns for stocks is the current valuation.  This is generally true of a single stock, a sector, or an entire country’s stock market.  Academics and practitioners debate whether important factors like gross profitability, price momentum, earnings momentum, yield, [...]