Last Thanksgiving, a client emailed me, asking to transfer funds to another account of hers—electronically. But we can’t do that by email. So, I let her know I’d need to call her.
A client told me he had recently changed jobs and asked if I would roll over his 401(k)—into an existing Roth account. I asked if he knew whether his original 401(k) had been a traditional, or a Roth. Was he sure?
A family client of mine, led by an 82-year old widow and grandmother, gave me an opportunity to really reach out beyond just business. Over time, I grew to know the family and this lady rather well, and had come to appreciate our conversations.
SUMMER 2019 RESULTS FROM THE BERKSHIRE BUSINESS CONFIDENCE INDEX SPONSORED BY BERKSHIRE MONEY MANAGEMENT AND 10,001 HOURS. The Berkshire Business Confidence Index (BCI), sponsored and analyzed by Berkshire Money Management, indicates that there is a high level of optimism among Berkshire County businesses, as well as non-profit organizations that are responsible for business decisions. We mailed out 4,000 surveys countywide and received responses from the full spectrum of Berkshire industries, such as hospitality, manufacturing, retail, finance, real estate, and construction. Each brings their own voice to this survey. CLICK HERE TO SEE FULL PDF ARTICLE WHAT WE HAVE GLEANED FROM…
Dalton — Did that title get you to click? If so, I’ll have to keep it in mind in case I want to someday up my clickbait game. But this, my friend, ain’t clickbait. This is your favorite uncle, Allen, helping you put cold, hard cash in your pocket. Who’s good to you? Over 140 million people, more than half of Americans, had their personal data compromised by the Equifax breach back in 2017. On July 22, Equifax agreed to settle state and federal investigations of the data breach by setting aside $700 million to pay for damages. I filed mine…
Dalton — Last Thursday, July 18, the yield curve (the spread between yields on 10-year and three-month U.S. Treasuries) turned un-inverted for the first time since May 23 and ended a 40-day streak at inverted levels. As a refresher, an inverted yield curve is an interest rate environment in which long-term debt has a lower yield than short-term debt instruments of the same quality.
Dalton — My bride, Stacey, and I spent last week in Lake George, New York. It’s become an annual pilgrimage of ours, which came to be because my parents would bring the family there every summer since as far back as I can remember. We’ve been there enough times that the area is easy to navigate. But we’ve also been there enough so that we don’t feel as if we miss out on an adventure if we skip doing stuff we’ve done a dozen times before. We call it our “do nothing” vacation. We walk down to the lake and do...read more