Retirement Watch Weekly
When You Can and Can’t Own Gold in an IRA
The price of gold recently reached new highs.Investors are looking for ways to profit from the gold rally. They’re seeing a lot of ads recommending they buy gold and silver through their individual retirement accounts (IRAs). You can own gold through your IRA, if you comply with the tax code’s limits. Not all gold investments […]
7 More Essential Trusts You Need to Know About
Trusts are vital to most estate plans, even plans of moderately valued estates. Trusts are likely to be more widely used in the coming years. Today’s generous estate tax exemption is slated to expire after 2025, and there is a good possibility that after this year’s election there will be a movement to reduce the […]
How To Create an Estate Plan for Those with Special Needs
Estate planning typically focuses on healthy people and their families. Many families, however, have one or more members with chronic illnesses or conditions. That changes the estate planning equation. The person with the illness or condition might be the estate owner or a loved one of the owner, especially a child. In either case, the […]
Top 20+ Tax Planning Ideas for the Rest of 2020 and 2021
In my new Retirement Watch Spotlight Series, I’ll share my newest breakthrough strategies for protecting your assets and growing your portfolio, including how to prepare for the next market downturn. Click here now to learn more. […]
Some Notable Events That Grabbed My Attention This Week
Some Notable Events That Grabbed My Attention This Week Gold and silver finally are taking a break from their runs to historic highs. As of last Friday, the iShares Gold Trust (IAU) was up 33.59% for the year to date. A lot of that return came in a strong run from June through last Friday. […]
Bob’s Journal for 8/6/20
Some Notable Events That Grabbed My Attention This Week The stock market appears to be dividing into an increasingly smaller group of haves and much larger have-nots. The Nasdaq 100 has been the best-performing index for a while. But most of its members have not participated in the latest surge. For example, though the index […]
How To Create a Trust for Your Heirs (Part 2)
In last week’s edition of Retirement Watch Weekly, I presented How To Create a Trust for Your Heirs. There are a few more important provisions and clauses for setting up beneficiary trusts, so let’s get right to it. Matching Trust: This is another clause designed to pay out trust principal only when the beneficiary has […]
Bob’s Journal for 7/20/20
Some Notable Events That Grabbed My Attention This Week Two headlines in today’s Wall Street Journal show how the pandemic has upended the economy. In fact, the economy has changed rapidly. In addition, some businesses have been helped while others have been hurt badly. One headline said, “U.S. Economy Posts Sharpest Downturn on Record.” It […]
