The Astute Angle

A fresh and simplified perspective on personal finance topics

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 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 [...]

By | July 17th, 2018|Categories: Financial Planning|0 Comments

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 [...]

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 [...]

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 [...]

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 [...]