election trading

Our Quick Election Thoughts

David B. Armstrong, CFA Weekly Market Commentary, Weekly Market Commentary Page 18

As I watched the markets “crash” overnight, I was reminded of the Interactive Broker’s commercial that is the picture in this blog post. It features a woman sitting down to a dinner date saying, “Markets are a mess, everybody’s selling…wow the market’s already down 2%, I’m sorry I need to do some hedging trades!” I was thankful that the market …

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5 Things Everyone Should Know About Death and Taxes

The Monument Wealth Management Team Featured Articles, Featured Articles Page 14

When tragedy strikes, be financially prepared. Halloween is right around the corner, meaning so is the busiest time of year: Thanksgiving, the winter holidays, Valentine’s Day, and my all-time favorite season finale – tax day. With visions of the Grim Reaper in my head, I am reminded of the two inevitabilities that we all (begrudgingly) accept: death and taxes. Having …

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Taxed or Not: Where to Hold Your Retirement Cash

The Monument Wealth Management Team Featured Articles, Featured Articles Page 12

When saving for retirement, many people use a combination of tax-deferred and taxable investment accounts. But how should you allocate your portfolio between them? Is it better to put high growth assets in the tax-deferred accounts or is it better to put tax inefficient assets in them? The answer may be both, but there are definite strategies to consider when …

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Tax-Deferred Investing Matters More Than Ever

The Monument Wealth Management Team Featured Articles, Featured Articles Page 12

There’s an anonymous quote that is very fitting given the new realities of our current tax environment, “I’m putting all my money in taxes — it’s the only sure thing to go up.” Yes, taxes have gone up for many Americans, and it’s my opinion that our politicians will continue with the eternal battle of taxes and spending for years to come. …

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Use a Roth 401(k) to Boost Retirement Saving

The Monument Wealth Management Team Featured Articles, Featured Articles Page 12

There’s a case for a Roth as new 401(k) options emerge. Many companies are starting to offer employees the choice of Roth 401(k)s as well as traditional 401(k)s. Both are tax-favored accounts. A traditional 401(k) invests pretax money and is taxed upon withdrawal, while the Roth 401(k) invests post-tax money and is not taxed upon withdrawal. Which is a better …

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Where Money Can Go When You Die

The Monument Wealth Management Team Featured Articles, Featured Articles Page 11

Death, taxes, and your cash. Given the current environment, a lot of people ask me, “Dave, what do you think is going to happen with the fiscal cliff?” My response: I have no idea. Seriously. And neither do you or anyone else writing about the subject. I don’t think President Obama knows either. And really, is Washington’s decisive moment going …