Charleston Financial Blog

Rethinking the Tax System

Posted by Myles Brandt on 29 June 2009

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In Washington, the debate on how to pay for health care reform and the current and projected budget deficits has opened the floor to deliberation on the sales tax, commonly called the VAT (Value Added Tax). Although the tax could potentially balance the budget and pay for health care reform, many view it as regressive and therefore unacceptable. It is certainly an interesting time as far as opportunities for social engineering are concerned, but unfortunately, the economy may be too fragile to handle threats to consumer consumption.

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Risk Free Investing?

Posted by Diane H. Blackwelder, CFP on 15 June 2009

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After a year like 2008, it is easy for investors to consider throwing in the towel on investing. Wouldn't putting money in T-Bills be better than riskng it in the market?  Sure, the approach solves one type of risk - investment risk, but introduces another type of risk - purchasing power risk.

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Is This a Good Time for Active Investing?

Posted by Bill Prewitt, M.S., CFP® on 12 June 2009

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Is this a time when active investing can add value?  With all the market volatility, it would seem that nimble investors could beat the crowd.  Find out by following the link below.  It is an interview with Ken French, Professor of Finance at Dartmouth College.   http://www.dimensional.com/famafrench/2009/06/is-this-a-good-time-for-active-investing.html#more

 

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Package Deals

Posted by Myles B. Brandt on 4 June 2009

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Needless to say, there’s a lot of confusion in the air right now. With multi-thousand page bills being rushed through Congress and endless speculation on new regulatory and tax proposals, the line between proposed and enacted legislation can be a bit blurry. Financial Planning Magazine had an article entitled “Unwrapping the Package” which lists some of the items in the American Recovery and Reinvestment Act of 2009 that you can benefit from. To read the article, follow the link: http://www.financial-planning.com/fp_issues/2009_5/unwrapping-the-package-understanding-stimulus-bill-2661665-1.html

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