and all the BS fit to read!

Weekly Wealth Watch Newsletter – Howard Capital

Weekly Wealth Watch Newsletter – Howard Capital

Mar 12, 2014

March 12, 2014 To see all of our performance, come visit us at http://www.howardcm.com   The S&P 500 looks to be pulling back to the 1850 area, which is a nice base of support. The market will probably consolidate at this level before moving higher. We feel confident that the direction the market moves after that will be up. So far, the markets are about breakeven for the year, with the Nasdaq up a few points, the S&P up just a fraction and the Dow slightly down year-to-date. See S&P Chart Look at the 20+ year Treasury Bond ETF (TLT), which recently made a double top. The bond market is so far posting a positive year after a drop last year, which was its first losing year in a long time. This rally in bonds is probably a “dead cat” bounce or a traders rally. We have been saying for quite a while now that the bond bull market is over. If the chart plays out like it looks like it will, bonds are headed lower. We made a lot of money in the bonds last year even with the bond market in general being down. Again this year we are putting up nice returns in bonds, even surpassing the S&P 500. Does a bear market in bonds bother us? No, we believe we have a good trading strategy that will work well even in a bond bear market and feel comfortable that we will be able to capitalize on the movements in different sectors of the bond market that will come. See Bond Chart We have made a lot of money this year trading the Biotech sector. Both Biotech and Healthcare have been very nice winners for us so far and I’m confident we will be trading these two sectors more throughout the year as the trends present opportunities. The OTI stock of the week is Skyworks Solutions, Inc. (SWKS) which had a nice break to the upside back in June 2012 and continues its move higher. Click to Subscribe to the Wealth Watch email. Talk to you soon! Vance Howard President, CEO vance@howardcm.com Vance Howard began his professional money management career in...

5 Managed Portfolio Criteria for 401k Investors

5 Managed Portfolio Criteria for 401k Investors

Mar 13, 2013

Don’t put your retirement fate in just anyone’s hands By Marc Bastow, InvestorPlace Assistant Editor I’ve been spending a lot of time recently talking about the importance of not only trying to maximize contributions to 401k plans, but also of being a good steward in that 401k plan. Taking ownership of your retirement plan means staying actively engaged in how it’s being run, particularly if you’ve invested in a “managed” portfolio through your employer. Managed portfolios should not be viewed simply as “deduct money from my paycheck, invest it, and let me know how it turns out in 20 years.” Investors need to keep in touch with stock or mutual fund picks, asset allocations, risk profiles and returns. Many employers allow employees to manage their own portfolios, of course, but if you’re given the chance to pick a managed portfolio option, Scott Holsopple at U.S. News & World Reportlists several criteria that he finds useful in making the choice. He thinks a good managed portfolio 401k plan should: – Have well-managed underlying investments … that have performed well through market ups and downs relative to their peers in the same asset class, and a fund manager that’s been with the fund through these ups and downs and has managed the fund in accordance with the parameters of its prospectus; – Only offer portfolios that are diversified across several asset classes. – Offer several portfolios in order to provide appropriate options for all employees. – Help employees to select the appropriate managed portfolio based on the individual investor’s risk tolerance, timeline to retirement, retirement goals and personal preferences. – Not add significant expenses because another layer of management is being used. The suggestion that really stands out to me is that managed plans should work directly with investors to determine investment time horizons, risk profiles and goals. Too many retirement plans are set up in such a way that the best you can get is a person on the phone to take your buy or sell order, but no advice. Employers that take the time to seek out 401k providers who provide one-on-one advice are hard to find. If you’re not presented with that particular option, I strongly suggest a financial...

Wisdom From The Hole – Antonio F. Branco

Wisdom From The Hole – Antonio F. Branco

May 22, 2012

  Antonio is the featured cartoonist here:   and now very active on TWITTER Working together with some more liberal cartoonists on a new project...

Thursday Morning 6AM Replay and on Demand

Thursday Morning 6AM Replay and on Demand

Jun 27, 2011

  Damon Ladd-Thomas and Dr. Bill Lampton Together Again!   Tomorrow at 6AM for the Replay or CLICK HERE for on Demand Replay of the entire show. This Tuesday at 9AM on the Voice of Brenau, 89.1. Listen Live via the Web. http://www.publicbroadcasting.net/wbcx/ppr/index.shtml Replay 6AM on Thursday     Listen Live From This Link. http://www.publicbroadcasting.net/wbcx/ppr/index.shtml   Dr. Bill Lampton: http://thecompletecommunicator.com/ “Speech Coach for Champions” Championship Communication P.O. Box 908267 Gainesville, GA 30501-0920 Call: 678-316-4300   http://www.commlampton.com/coaching.htm The Complete Story of the last show featuring Damon. http://thecompletecommunicator.com/?p=1582...

When Are Breast Implants Tax Deductible? Wigs? Music Education? Answers may Surprise

When Are Breast Implants Tax Deductible? Wigs? Music Education? Answers may Surprise

Feb 19, 2011

How well are YOU taking care of your (tax) body? Tell me whether these are Y-Deductible; N-Not Deductible; USC –Under Specific Circumstances The one you ALL ask me about — Cost of hotel room for sex therapy? Navajo healing ceremonies (a/k/a “sings”) Jewish healing ceremonies (a/k/a “zings”) Clarinet lessons Flute lessons Wigs Teeth whitening to reverse age-related discoloration Marijuana, prescribed by a physician in a state where it is legal. Air Conditioner Prospective kidney donor expenses Breast implants Liposuction Please note that legitimate and unreimbursed medical expenses are only deductible if you itemize deductions and only to the extent that they exceed 7.5% of your adjusted gross income. See your tax adviser or physician for further details. Answer directly with Richard through email or use the comment section if you dare be publicly embarrassed.  The correct answers will be published shortly. Richard Streitfeld, CPA, CFE www.peaceloveandbusinessplanning.com “Prosperity for the rest of us” 401.223.0205 x118 fax 401.223.0209 www.alscpa.com “Sorrows are the rags of old clothes and jackets that serve to cover, then are taken off. That undressing, and the naked body underneath, is the sweetness that comes after grief.”...

Tax Advantages Of A Home Based Business

Tax Advantages Of A Home Based Business

Feb 11, 2011

Operating a home based business has a number of income tax advantages that entrepreneurs may be unaware of, and consequently miss out on. So rather than guess and risk paying too much in taxes, or worse, enduring an IRS audit for being too sticky fingered, I made a list of the most common tax questions and sought out the advice of a tax professional, the eminent Richard Streitfeld, a Certified Public Accountant and Certified Fraud Examiner and a partner in the accounting firm of Aaronson, Lavoie, Streitfeld and Diaz & Co., PC. Our candid Q & A discussion on how to prepare for and safely, legally take advantage of the most common home business income tax deductions is presented here for your benefit. Q: How should I calculate the percentage or ratio of the area of my home, apartment and home business expenses that I can legally deduct and use as a tax deduction and write off? A: Use a tape measure… Literally! Measure the square footage of the interior of your home or apartment and then calculate the space of your home office in square footage, and you’ll determine the percentage of your entire home or apartment that it represents. Example: Divide the little number by the big number. For example: 108 sq. ft. office (9x12ft. room) / 400 sq. ft. home equals .27 or 27%. That 27 % is the number your accountant will need. Q: My business is Incorporated (S Corp., C Corp.). Does that matter? A: Yes, it does. You can’t do a tax write-off for a “home-office”, per se, but you may benefit from charging your “home based business” “rent” in your home. This will be income to you personally. Check with your accountant for more details. Q: Can I declare a portion (using the percentage calculated from your measurements) of my home mortgage interest, my property taxes or my rent as a home business tax deduction? A: Yes, you can. Whether or not you’re self-employed, property taxes and mortgage interest are always deductible on Schedule A of your tax return if you itemize deductions. However, if you are a self-employed “sole proprietor” (DBA or LLC, the most common),...