MEC Practice Academy 11.19

Lifestyle

Cash Flow

Cash flow management is about managing the income flowing into the household against the money flowing out of the household, and you can’t do that unless you have an effective method of measuring both areas.

Deciding how to divvy up assets between taxable and tax-deferred accounts has always been confusing and potential changes in the tax code won’t make it any easier.

Law enforcement officials predict that the total number of victims this year will be far higher than the 8.1 million recorded two years ago, as scammers kick it into high gear.

Is the recent jump in stock prices a bear market rally, another example of irrational exuberance, or the real thing?

A new idea floated on Capitol Hill is to tax health benefits, which are currently exempt. Employees don’t pay tax on the value of their company-sponsored health insurance and companies get to write off the cost as a business expense.

As medical professionals, how can you tell individuals to adopt a healthy lifestyle when there is practically no support for that behavior in American culture?

When the Federal Reserve announced the results of the bank stress tests, was your bank among the black sheep? Or was it one of those that got a clean bill of health? And what difference does it make to you?

With the interest-rate adjustments recently announced by the U.S. Treasury, however, investors can’t be blamed for looking the other way. The new interest rate on Series EE bonds is 0.70%. The rate on Series I bonds, which is adjusted for inflation, is 0%.

When the markets turned sour last year, just about every asset class collapsed, leaving traditional buy-and-hold investors awash in red ink. As a result, many financial advisors are facing angry clients and some are switching tactics to preserve their client base.

It is important to watch distribution days on the Major Indexes, and the general price and volume action to help determine the more immediate health of the market.

When you clean out your closets or your garage and donate clothing, sporting goods, or unused appliances to a charity, how do you figure out how much the stuff is worth so you can deduct that amount?

Money may be tight, but perhaps you don't feel like taking a vacation close to home to save cash. Lucky for you, cruises and tours in Alaska are going at deeply discounted prices.

Jumping on a plane for an international vacation may not be an option right now, but don�t let that stop you from journeying with Dr. Anderson as he shares his travels through Russia with us.