The Astute Angle

A fresh and simplified perspective on personal finance topics

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 [...]

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 [...]

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 [...]

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 [...]