How Come THEY Get a Break?!

by | Feb 2, 2017 | Blog

So, if you are in business, you have to issue a 1099 form to any unincorporated payee that you pay $600 or more to in any one year, or you are legally not allowed the deduction on your tax return. But if you are a casino, that threshold is $1,200 to $1,500, depending...

CALPERS and CALSTRS: What’s Up There?

by | Feb 1, 2017 | Blog

In today’s environment of zero interest, how much of a return do you think you can safely make? 1/2 of a percent? 3/4 of a percent? 1 or maybe 2%? Well, the biggest pension fund in the land, CALPERS, after earning 4.6% annually on their investments over the past...

Switzerland Rebuffs The Euro

by | Feb 3, 2015 | Blog

Something big happened in Switzerland. The Swiss National Bank (their central bank like our Federal Reserve) surprised the world by uncoupling their unit of currency, the Swiss Franc, from the Euro. This roiled financial markets and put some fx (foreign currency...

Have You Insured Your Money?

by | Nov 24, 2014 | Blog

Smart people buy insurance for important things. House, car, business, jewelry, health, life, none of us goes without insuring our important things. So why is your money sitting there in the bank or in a brokerage account uninsured? I know you are going to tell me...