You might ask yourself, “With housing prices and interest rates so low, isn’t it a good time to invest my IRA in real estate?” Think twice before you do. There are a lot of disadvantages when purchasing real estate with your IRA funds even if you think property prices have bottomed out and you feel [...]
During tax time we always ask our clients if they have financial accounts in a foreign country. We do this for a very good reason. There are strict reporting requirements if you have assets in a foreign account. More specifically, you must file a Form TD F 90-22.1 with the Department of Treasury if: You [...]
Tags: Foreign Accounts
Over the last few months, we have been revising our approach to investing in bonds from index bond funds, and moving toward Exchange Traded Funds (ETFs) and individual bonds in order to reduce the cost of holding fixed income securities. We have approached this in two ways depending on the size of the portfolio and [...]
Tags: Bonds
The recent sell-off in stocks and commodities was not a direct result of the standoff in Congress over the debt ceiling or the U.S. downgrade; but a loss of investor confidence over the ineffectiveness the U.S. and the European Union have shown in resolving their fiscal problems. I do not see this as a 2008 [...]
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