Written by Max & John Osbon

An Old School Melt-Up

January 10, 2018 - John Osbon

Jeremy Grantham is well known as a value investor and a permabear. He buys only cheap value investments. He has been famous for talking down US investments for years. However, on January 3rd of this year, he wrote “a very personal” view of a possible near-term melt-up. Jeremy is well worth listening, especially when he changes his mind.

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Bigger Gifts and Lower Taxes in 2017

December 6, 2017 - Max Osbon

2017 has been another big year in a long-running bull market. Your portfolio is probably full of holdings with significant capital gains. To avoid paying the tax on those gains, you may be holding onto securities you’re ready to sell. What to do? Well, if you have any charitable giving goals, consider giving away your capital gains bill in the process.

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The Year Ahead: 10 Trends

January 3, 2018 - Max Osbon

To kick off the year we’ve decided to publish our crystal ball list for 2018. From blockbuster IPOs to Blockchain billionaires, here are ten of our favorite developments.

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New Tax Law: 529s and More

December 27, 2017 - John Osbon

I have been spending as much time as possible reading about the newly enacted tax bill, the first tax reform signed in 31 years. All sides agree that the bill lowers tax rates for corporations and individuals. After that, there is little consensus on the broad effect of tax reform, who it really helps or harms, and how long it will last. The devil is in the details. Here are a couple items of special interest to investors. 

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What is Sayre’s Law?

December 20, 2017 - Max Osbon

With family in town for the holidays, you may find that the discussion turns to markets and politics at some point. The discussion may even get heated as common ground seems harder to find these days. In these moments, it’s helpful to remember Sayre’s Law. Sayre’s Law dictates that: “In any dispute, the intensity of the feeling is inversely proportional to the value of the issues at stake.” Here’s more:

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A Financial Conversation Framework

December 13, 2017 - Max Osbon

With more family time than the rest of the year, the holidays can be an opportune time to talk about money and investing. But where do you start? Before you get into any technical aspects of planning or investing, we recommend you start with goals, values, fears and plans for success for money and life. It’s easier than it sounds. Here is a three-part framework we find leads to great conversations:

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Why I Am Learning To Code

November 29, 2017 - John Osbon

There is more freely available high-quality financial data out there than ever before. But the quantity of data doesn’t necessarily translate to quality of decisions. Big data can mean big problems when it comes to organizing, filtering, analyzing and displaying it — all of which are prerequisites for using the data to make a decision.

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Thankful Money Mindsets

November 21, 2017 - Max Osbon

Gratitude is such an empowering and satisfying emotion, it deserves more than one day on the calendar. And we have so much to be thankful for, both personally and professionally. This is especially true in the investment world. From the perspective of modern investors, here are three things that we can all be thankful for in the spirit of Thanksgiving.

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Get ready for 2018 IPOs

November 15, 2017 - John Osbon

The total US stock market size is shrinking due to buybacks and takeovers. (WSJ). Private companies are being acquired before the public can invest in them. What’s the response? IPO! Gaze at the most likely IPOs for 2018, some well known and others not. Should you invest in any of them? If you do, get ready for a wild ride.

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Oil and your portfolio

November 8, 2017 - John Osbon

Some of the world’s greatest fortunes have flowed from the ground, one barrel at a time. Oil powers cars, trucks, jet engines and generators. In many ways, it has powered the entire modern economy as we know it. But will that always be the case? Or is oil on a slippery slope down the industrial food chain?

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November 1, 2017 - Max Osbon

I get more questions about bitcoin and cryptocurrencies than any other finance topic. Everyone wants to know what to do with crypto. What’s your angle, how much is your allocation and which crypto is the most compelling? Here are some facts to help guide you:

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Afraid of New Market Highs?

October 24, 2017 - John Osbon

The stock market notched another new high this week. That’s a sentence we hear over and over. New high this week, new high this quarter, new high this year…the new high drumbeat seems to get louder and louder. Is it time to sell? Time to run? Time to invest more? What to do? Our advice: read this article before doing anything.

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Delay Your Pay

October 18, 2017 - John Osbon

Are you making more money this year than usual? Worried about the big chunk that will go to taxes? Fear not. You may have an option that lets you reduce your taxes, save money for the future, and compound your savings tax-free.  It’s called deferred compensation.  Most people who work for a company and anyone who has their own company can defer compensation and reap big benefits. Read on…

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Maximize Your Health and Wealth

October 11, 2017 - John Osbon

There aren’t many free lunches in healthcare, tax planning or investing. The Health Savings Account (HSA) comes pretty close. Designed to help you save and pay for medical expenses, HSAs are an example of a major investment and tax benefit hiding in plain sight. Less than 15 percent of those eligible use them. Do you?

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Prepare for New Tax Plan

October 4, 2017 - John Osbon

Between now and year-end — and perhaps well beyond — we can expect the popular news to be dominated by the tax reform debate. The last tax reform law to pass muster was in 1986, thanks to President Reagan and Speaker Gephardt.  Their reform was a true bipartisan effort. It seems we’ll need another two-party effort to reform our system this time around. How can you protect yourself now if you don’t even know if a bill will pass or what it will include? Read on…

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