Single Point of View
Single Point of View is our way to occasionally share planning ideas relating to personal finance. Our goal is to pass along concepts that you may not be exposed to on a daily basis.
Professor Rene’s Market Update – March 2025
For now, the S&P 500 is down 8% from its recent (all-time) high on Feb 19. It’s an uncomfortable feeling not knowing whether an 8% drop will turn into a 25% bear market, but some things in life are unknowable – even to the most astute investors. It is key to remember that through all the previous market downturns, [...]
Social Security Fairness Act: Are you impacted?
On January 5th the Social Security Fairness Act was signed into law eliminating the Windfall Elimination Provision (WEP) and the Government Pension Offset (GPO) that had previously impacted the benefits of millions of public sector employees and their widows/widowers. If you were affected by either of these provisions this change likely means you are now entitled to start receiving [...]
Important New Requirement for Businesses & LLCs
Owner of a small business? How about a vacation home or investment property that you established an LLC to own? Guess what? You probably are subject to a new reporting requirement to the U.S. Department of the Treasury you may not yet be aware of. Why should you pay attention to it? Because the proposed fines and penalties for [...]
Effect of the Magnificent Seven Stocks
Rene Jarquin July 2024 Market & Portfolio Commentary The S&P 500 Index has become very lopsided due to the run up of the 7 largest stocks in the index. While we have benefitted from this run up as index investors, this level of concentration can cause some anxiety and questions of what we should do moving forward. Rene [...]
How Much Liability Insurance Do I Need?
How much liability insurance do I need? Should it be enough to cover a large settlement if I make a mistake? Should it cover my net worth? These are the questions we hear from clients when we are looking at premium quotes for $1m, $3m, $5m and $10m+ of excess liability insurance. I don't like using rules of thumb [...]
Avoiding IRS Penalties
I've yet to meet someone who likes paying more to the IRS than they are required to. The below article from the WSJ highlights a common IRS penalty that you want to make sure you are avoiding, penalties on under payments. You can click on the article below to read it all, but for the quick version here are [...]