There’s a critical issue investors face at year-end. If you sold a stock, mutual fund or bond investment, what is cost basis? You need to know the cost basis calculation to understand the gain or loss on your investment. The calculation can be confusing- and simply finding cost basis information can be a hassle. […]
I’m writing this during the holiday season, so I thought I’d use Frank Capra’s brilliant film, It’s A Wonderful Life, to explain a concept. If you’re not familiar with the film, IMDB (a great site for movie fans) provides a plot summary. George Bailey manages the Building and Loan started by his father. On Christmas […]
It doesn’t matter if you’re young, old- or some age in between: health care costs are increasing. What matters is that you understand why costs are increasing, and what the financial impact is to you. Once you have that information, you need to fit that cost increase into you personal budget. Have a question about […]
We all love predictability- just the word itself sounds great, doesn’t it? We want out cars to start on a cold winter morning. Travelers want that holiday flight to see the kids to arrive on time. All of us buy particular brands of food, because we know what we’re getting (I stick to Campbell’s Soup, […]