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Five Simple Steps to Reduce Your Debt

| June 6, 2017 | 0 Comments

According to the Federal Reserve, total consumer debt (mortgage, credit card, auto and other) totals $12.7 trillion, or roughly 99 percent of disposable personal income. Of this, revolving debt is just shy of $1 trillion, most of which is credit card debt. One more stat: for households that carry a balance on their credit cards, […]

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Do Tax Cuts Really Stimulate the Economy?

| May 1, 2017 | 0 Comments

There’s a very popular economic theory that suggests that if tax rates are at zero or 100 percen, the government will raise no revenue in either case. At 100 percent, all income goes to the government so there is no incentive for people to work, while a tax rate of zero percent obviously raises no […]

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Home Sweet Rental

| April 3, 2017 | 0 Comments

Lately, there have been a few homes in Mission Hills that have been listed on websites like VRBO.com, AirBNB, HomeAway and others. My family has used these websites to find great travel deals. But a recent article shared by one of my colleagues got me thinking: how do you insure something like that if you’re […]

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Estate Planning Is More than Just a Will

| March 4, 2017 | 0 Comments

Not too long ago, I wrote about the most basic estate-planning tool: your will. If you have children, or really anyone whom you wish to benefit at your death, your will is the most essential foundation for putting your affairs in order after you’re gone. However, “after you’re gone” isn’t the only scenario your estate […]

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An Unlikely Valentine’s Gift: Sharing and Preparing

| February 6, 2017 | 0 Comments

This is probably not going to sound all that romantic. I will even admit that my Valentine’s suggestion probably is a lot more practical than most people would normally consider. There’s no jewelry involved, though a box of See’s candies and a rose would round things out nicely. For many couples, especially those who have […]

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Clearing Out Your Old 401(k)

| January 10, 2017 | 0 Comments

When changing jobs or retiring, one important decision you will face is whether to roll over your employer’s retirement plan (401k, 403b, pension, SIMPLE or SEP IRA, etc.) to an IRA. Before you leave your employer, there are a couple of things you need to be aware of. Below are some questions to ask, and […]

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President Trump. Now What?

| December 3, 2016 | 0 Comments

Donald J. Trump will be the next President of the United States, and Republicans maintained control over the House of Representatives and the Senate. Since the election results became clear, equity markets have rallied sharply. As I write this, the U.S. stock market is up about 2.5 percent since the election, while the bond market […]

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The Presidential Election and your Investments

| October 30, 2016 | 0 Comments
The Presidential Election and your Investments

Last night, I listened to a commentator call the election an existential moment: deciding the fate of our country and proclaiming that the wrong choice would be ruinous and a disaster. Let me be clear also that I’ve heard way too much of this kind of talk from both sides of the political spectrum. Politically, […]

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Dog Bites and Homeowners’ Liability Insurance

| October 5, 2016 | 0 Comments

On a recent weekend, some friends and I were walking our dogs in Mission Hills. A loose pit bull approached our group, charged and bit my dog. We chased it away and called animal control. Thankfully, my dog wasn’t seriously hurt, but it got me thinking about the responsibilities of owning a pet. Owning a […]

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Variable Annuities

| September 17, 2016 | 0 Comments

Lately, as we’ve been interviewing new clients, I’ve been seeing a lot more variable annuities in their portfolios. As should become pretty clear, I find this a disappointing reality. Let’s begin by understanding just what these things are. A variable annuity is an insurance product that essentially wraps traditional mutual funds inside a contract. The […]

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