Organize Your Financial Life Using MoneyCapsules

In the financial planning profession, many advisors focus on investment management. The focus is often so strongly on managing investments that all the other components of financial planning which people want and need are ignored. In today’s post I’d like to discuss MoneyCapsules, a process-oriented strategy devised by an advisor in my office which focuses on careful management of one’s entire financial life. It’s a service many people want but don’t explain clearly enough to their financial advisor to get it right. I’ve seen it first hand: once people get a handle on their full financial picture, anxiety levels decrease and decision making becomes much easier.

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Tax Relief Gives Investors a Break for 2011 & 2012

We’ve been saying in my office for months that Obama would extend the Bush tax cuts. It seemed a given with the unemployment rate stuck near 10% and horror stories circulating about how higher taxes contributed to the lost decade of the 1930’s. Obama, especially now that he has entered the third year of his presidency, seems willing to compromise and unwilling to watch our economy deteriorate further. Perhaps there’s some political motive to his recent mindset but either way I’m relieved to keep those tax rates where they have been for another two years. Below is a recap of the tax relief extension. I figured this would be a good topic for a blog post because tax rules are often dense, and change pretty frequently.

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