Blog

Ideas are powerful. They can meaningfully change our lives. In our blog, we share ideas with you, which think can have a positive impact on your overall money and life choices.

 

Tuesday, December 5, 2017

I don’t want to repeat all of the analysis that is now on-line about the new tax bill. You can read that on your own. But here are a few observations I think are worth adding to the melee: Most provisions won’t become...

 

Wednesday, November 29, 2017

How the invention of paper changed the world By Tim Harford BBC World Service, 50 Things That Made the Modern Economy The Gutenberg printing press - invented in the 1440s by Johannes Gutenberg, a goldsmith from Mainz in Germany - is...

 

Monday, October 2, 2017

Happy Anniversary! Ten years ago this month, stocks began their year-and-a-half slide to a stopping point more than half less than their previous high point. Time to celebrate? I don’t know. Ask me tomorrow. Until then, how about...

 

Thursday, September 14, 2017

This was alarming news, to be sure. The baseline thing all of us should be doing (in my view) regardless of any big hacks like this is checking your free credit reports. There are three major reporting agencies. Each one is required to...

 

Tuesday, July 11, 2017

How the world's first accountants counted on cuneiform By Tim Harford BBC World Service, 50 Things That Made the Modern Economy The Egyptians used to believe that literacy was divine, a gift from baboon-faced Thoth, the god of...

 

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Thursday, June 15, 2017

Earlier this month, I wrote a blog (called "have your cake") about how retirement offers people a distinct advantage, when it comes to tax planning. Specifically, I said, "...after we retire, a whole Pandora's Box of tax strategies...

 

Monday, June 12, 2017

The Custody Rule Most of you have absolutely no interest in the rules we have to follow here at CTB Financial. I get that. But when they affect you, I think it's a good idea to say something about it. Some of our clients recently...

 

Friday, June 2, 2017

Sometimes in life, we are playing a game and we don't even know it. We eventually find out, though, when we lose. If we learn the rules though, we can discover strategies for winning the game. When it comes to winning the Game of Tax,...

 

Thursday, May 25, 2017

This is the time of year that I get a lot of calls from clients asking about a tax form they just got in the mail from Charles Schwab. That is because custodians (like Charles Schwab) are required by the IRS to file the Form 5498 (on...

 

Tuesday, May 23, 2017

Caution: This post is pure frivolity, so you shouldn't expect anything deep or meaningful from what follows. My wife was recently shopping at a restaurant supply store and on the way out was handed a promotional calendar. Now why would...

 

Friday, May 12, 2017

Checking the weather? Looking at a map of the world to plan your next vacation? Guess what—you’re using a model. While models can be useful for making decisions, they are simplifications. Using weather data, a meteorologist...

 

Friday, March 3, 2017

My friend, Todd, had a rich Uncle Henry. Todd wanted to be in Uncle Henry's will. He kidded about it all the time, even with his Uncle Henry. Eventually, it became a running joke, part of the family lore. When Uncle Henry finally...

 

Wednesday, March 1, 2017

Here is a fascinating statistic...from Elliot Eisenberg's blog: "Yesterday, the Dow Jones industrial average closed up for the 12th straight time. This was the Dow’s best performance since a streak that ended 1/14/87, and came...

 

Tuesday, January 31, 2017

This is a link to an LA Times personal financial column entry, titled, "How to tell if you've got the right financial advisor." It is a brief, but useful introduction. Brief can sometimes be dangerous. But this is actually pretty good,...

 

Friday, January 27, 2017

Every year brings its share of surprises. But how many of us could have imagined that 2016 would see the Chicago Cubs win the World Series, Bob Dylan receive the Nobel Prize in Literature, Donald Trump elected president, and the Dow...