When you contemplate death, many things that seemed important two hours ago begin to drift away and you have this moment of clarity about what really matters. It provides a high-level perspective on life and your focus narrows on those you love.
If you have a will or trust, you determine before your death to whom your assets will be distributed, and in what proportions. This gives the owner the power to determine who receives their assets, and in what amount. But what happens when you don’t have a will or trust when you die?
Fundamental Weighted Indexing aims to produce the best returns by identifying the most sustainable businesses. It's easy to get swept up into the hype of high market cap stocks the same way it's easy to get swept up into the hype of a Major League home run hitter. But if sustainability is part of the goal, a more creative approach to measuring success and failure is needed. That's what this revolutionary form of indexing is all about.
Operating from a position of fear is useful when being chased by a bear, but when it comes to your money it is unproductive at best, detrimental at worst. When you force yourself to face what you fear, you may well discover an inner strength you didn’t know existed.
Help yourself out this year by knowing the recent change to the tax code as we approach the end of the year. The deduction will be very beneficial if you pay attention to itemized deductions and make sure taxable income hits below the necessary threshold.