Our financial advisors at Wealth Management Group contribute our insights to well-known publications such as Forbes, Chicago Sun Times, US News, and New York Business Journal, on topics that matter to you, such as retirement planning, business management, investment strategies, and more. The goal of our articles is to help retirees, pre-retirees, investors, and business owners accomplish their financial goals and avoid the common pitfalls.
On March 8th, 2019, Craig Bolanos was featured in Debbie Carlson’s 3 Tax-Deductible Investment Expenses article appearing in U.S. News & World Report. In the article, she talks about changes to the tax code and turning qualified dividends into ordinary income. Craig says that people normally wouldn’t want to do this, unless they have a lot of investment interest expenses they can’t write off. He is quoted as saying that if someone can’t take an investment expense because most of their taxable income is qualified dividends, he’d “be willing to turn those qualified dividends into ordinary income dividends to escape taxation.” He also advises that people should run multiple scenarios and projections to see how the changes to the tax code will affect them.
On January 3rd 2019, Craig Bolanos was featured in Debbie Carlson’s 8 Questions to Ask During Volatile Markets article appearing in U.S. News & World Report. On slide three he advises people with formalized investment plans to ask their financial advisors to qualify why their goals are on track. He says investments should be based on when the person plans on consuming their invested money. When asked the question, “Why am I going to be OK?”, Craig is quoted saying that the answer that’s acceptable to this question, is an answer that can be routed back to the client’s financial plan.
Disclosures: The opinions voiced in this material are for general information only and are not intended to provide specific advice or recommendations for any individual. All performance referenced is historical and is no guarantee of future results. All indices are unmanaged and may not be invested into directly. There is no guarantee that a diversified portfolio will enhance overall returns or outperform a non-diversified portfolio. All investing involves risk including loss of principal. No strategy assures success or protects against loss. Bonds are subject to market and interest rate risk if sold prior to maturity. Bond values will decline as interest rates rise and bonds are subject to availability and change in price. The prices of small cap stocks are generally more volatile than large cap stocks. International investing involves special risks such as currency fluctuation and political instability and may not be suitable for all investors. These risks are often heightened for investments in emerging markets. Alternative investments may not be suitable for all investors and should be considered as an investment for the risk capital portion of the investor’s portfolio. The strategies employed in the management of alternative investments may accelerate the velocity of potential losses.
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