The Gist: A salute to Fathers – appreciating and honoring Fathers through thoughtful and humorous quotes. ..Tips on growing your IRA/401K – things to do and not to do.
Today’s main topic: Seth and Ben talk about transition support for our aging parents. An enormous conversation that details many aspects that need to be considered as the end of life approaches. Seth and Ben offer five tips to the family when dealing with the most important area of helping our parents.
Money in the News: Robocall Revenge. One techie turned the tables on a robocaller accessing
the culprit’s computer and creating havoc for his scamming operation.
Facebook and other large
companies enter the crypto currency world while at the same time Facebook is
being dumped from an S&P index that tracks socially responsible companies.
Property and Casualty Insurance go hand in hand with financial planning.
The Gist: Property and Casualty Insurance go hand in hand with financial planning. Today Erik Morton helps us understand the importance of protecting our property with the appropriate amount of coverage (thus property) as well as protecting ourselves against a lawsuit in the event we are found responsible for another’s injury or the damage of another’s belongings (casualty). Erik will help us separate the truth from the myths about Property and Casualty Insurance so we can confidently include it in our financial planning portfolio.
Money in the News: Marriott takes on Airbnb in the home rental market. Airbnb, the very industry that was inclined to interrupt the hotel industry now has Marriott in an “if you can’t beat ‘em, join ‘em” effort with Marriott’s version of airbnb called, “Homes and Villas.” “People stay at different hotels for different purposes, Stephanie Linnartz, the global chief commercial officer at Marriott, told the Times. Home sharing is another offering.”
Rethinking the Everyday Coffee Cup – and Creating a New Business – from the Wall St. Journal. A couple creates a unique coffee cup for the husband’s World War II veteran grandfather. Using their science background, the couple found a way to lessen the stress of holding a cup making it much easier to be handled by the elderly or anyone with difficulty balancing a normal cup.
On this Money on Tap we look at Monte Carlo simulation to help us understand the impact of risk and uncertainty when it comes to financial forecasting models. It helps us see many of the potential outcomes and the potential risk of those decisions.
The Gist: On this Money on Tap we look at Monte Carlo simulation to help us understand the impact of risk and uncertainty when it comes to financial forecasting models. It helps us see many of the potential outcomes and the potential risk of those decisions.
Money in the News: A man returning his Pixel 3 phone for a refund to Google for $900 does
not get the refund – instead he is sent 10 MORE Pixel 3 phones totaling about $9,000
dollars. An obvious error the man and Google are trying to work it out.
Check your house for this
stuff – What kinds of things in your house might be worth big money: Boy Scout
memorabilia, 2005 irregular Kansas Quarter, and others.
The grim reality of that special day that comes every year – Tax Day! Today we look at that dreaded day and some of the things you should be aware of and how it may affect you.
The Gist: The grim reality of that special day that comes every year – Tax Day! Today we look at that dreaded day and some of the things you should be aware of and how it may affect you.
Money in the News: Today we explore an article in The Wall Street Journal, “Death-Care Stocks have made a killing for investors. Now Its time to say goodbye.” Over the past decade, the two leading U.S. providers of funeral and cemetery services have exceeded performance in the stock market but recent competition including on-line options (and the “Amazon-Effect) have heavily cut into the profit margins of these previous leaders in the industry.
Tax Refunds: Tax laws have found less people itemizing their returns. Tax cuts have been phenomenally strong for property renters. The married, filing jointly deduction has doubled.
Motley Fool article: Bigger Tax Refunds Are Back. Here’s Why. The refund scare might’ve been much ado about nothing. Tax reform of early 2018 lead many to think they would be getting a much lower return but as tax season has progressed evidence is showing larger returns in more pockets. The better news is that many are finding more in their paychecks as well.