Financial TIPs on Shredding

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document shredding

On a monthly basis we are often inundated with mail regarding our personal finances. Whether its credit card statements, bank statements, investment holdings or tax records before we know it our file cabinet is filled with paperwork. A question I am often asked is: How long should we retain all these statements? When it comes to personal document retention guidelines, there are some general rules that you may want to ...

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Financial Tips on Tax-Efficient Investing – Part II: Teamwork

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taxes

In our last Financial TIPs on Tax-Efficient Investing, “Investment Manager Selection,” we explored how to engage in year-round tax-efficient investing by adopting your own best practices as well as by favoring fund managers who are likewise keeping a tax-efficient eye on their offerings. There are two other important areas to tend to as part of your due diligence: your investment portfolio’s tax-efficient management and your advisers’ tax-efficient teamwork.

Proper Portfolio Management: The ...

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Financial Tips on Tax-Efficient Investing- Part 1: Investment Manager Selection

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tax cost

One of my favorite quotes was written by Supreme Court Justice Learned Hand: “Anyone may arrange his affairs so that his taxes shall be as low as possible; he is not bound to choose that pattern which best pays the treasury… for nobody owes any public duty to pay more than the law demands”. With the October 15th “tax return filing deadline” upon us it is an optimal time to ...

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Evidence-Based Investing vs. Indexing

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evidenced based

As the public grows increasingly familiar with “passive” or “index” investing, it’s becoming easier for individual investors to gain cost-effective exposure to globally diversified market returns. That’s good news! Even better news is that there is a similar approach we employ for our clients that incorporates the many strengths of passive/index investing while eliminating some of its inherent weaknesses. Beyond passive, we ...

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