Large Tax Hits from Mutual Funds?
Mutual Fund Capital Gains Distributions They show up like uninvited guests, usually in early or mid – December and eat up our profits. They are one of the worst aspects of owning mutual funds. Funds might sell appreciated securities for a variety of reasons. Perhaps a stock hit management’s sell target–not out of the question, […]
Scarcity and Opportunity
If you play fantasy football, you probably understand the economic principle of scarcity. Generally, there are a limited number of draft picks participants can use to maximize the talent on their teams. So, it’s essential to know which positions and players offer the greatest value. If there are a lot of great quarterbacks and defenses […]
RISE UP – A Tribute to Patriots Day
What Do Falcons Do? “RISE UP” This past weekend we took our Franklin Wealth Management team to Atlanta for the weekend to see the Falcons in their opening game against the Saints. Our team has been working hard to achieve the many goals we set for them and this past weekend was a reward well […]
Attorneys Win: Inherited IRAs Lose Protection
Last Thursday in our Inherited IRA Workshop we discussed how the Supreme Court has determined that some retirement accounts should no longer be considered retirement accounts. In June, a ruling written by Judge Sonia Sotomayor determined that Heidi Heffron-Clark, who inherited an IRA from her mother in 2001 and filed for bankruptcy nine years later, could not shield […]
The Results Are In
What Our Research Uncovered that Truly Defines the Franklin Wealth Experience We want to thank everyone for their continued support. This year has been another great year as far as receiving introductions to wonderful people that we value as clients. We also appreciate your continued feedback as to how we can continue to improve our […]
Do You Really Know What You Own?
WALL STREET’S PIGS AND WOLVES Brokerage firms are finding many stealthy ways to market proprietary products and strategies these days. We wrote about some of these conflicts of interest in our blog a few weeks back entitled Wall Street’s Pigs and Wolves. There are many good advisors at brokerage firms that are primarily focused on providing good advice […]
Getting Naked
On our recent trip to New York I re-read the book Getting Naked. It was totally appropriate considering some of what we saw walking through Time’s Square. I hadn’t been packed in any crowds quite this large, varied and rowdy since the last time we visited New Orleans. Many were there to make money from […]
Playing to Win by Changing the Rules
I don’t profess to being a huge soccer fan but watching the USA team progress in the World’s Cup has definitely gotten my attention lately. On Sunday night watching the match between the U.S. and Portugal I did my best to learn how the clock works and figure out how many points teams receive for […]
Lessons from Papa John
“Papa John” with our middle son Jack at the Lookouts in 2008. Yesterday, the family took the boat out and about for Father’s Day. The lake was relatively uncrowded because many of the weekend boaters had headed down the river to see the fireworks at River Bend. It was nice not having to compete with […]
Wall Street’s Pigs and Wolves
