Real Money: Straight-up Answers with Berkshire Money Management DALTON — When you put your money into the hands of a financial adviser, you don’t want a workweek warrior, someone who punches in at 9 and out at 5, only caring about their boat upgrade or catching the next happy hour (both on your dime). You want someone who’s reading up on the global markets around the clock. At Berkshire Money Management, that someone is Scott Little. Little, 43, is the firm’s vice president. He’s been with the company more than 18 years, working from the mailroom all the way to…
Insights & Advice
Allen Harris
IRS lets you save on taxes
(Note: The following is only important to you if you had to take a required minimum distribution, or RMD, in 2020. If that’s not you, save yourself 70 seconds and skip this first section). Dalton — My April 8, 2020, column shared with readers some actions they could take to benefit from the CARES Act. Today, let’s revisit an update to the Act. The information in that column included: Required minimum distributions are waived in 2020. If you’ve already taken RMDs this year, under certain conditions, you can return it. Today let’s look at an update to the CARES Act. On June 23, the…
Our job is to remove uncertainty and drama
Real Money: Straight-up Answers with Berkshire Money Management DALTON — Come again? Did Allen Harris just say “furry babies”? That threw me for a minute, as I had assumed I was talking to a tough guy. Harris, 47, lives in the town where he grew up. People who know him say he’s in his element when hitting the “go” button on a new investment strategy, or hitting the weights or a heavy bag. But, ask the man, and Harris will tell you that his favorite place on Earth will always be “in my own backyard, playing with my dogs, Riley…
Tic Tac market
Dalton — The stock market often does whatever it must to frustrate the most people possible. Remember the other day, on June 11, when the stock markets dropped more than 5%? Yeah, no. Nobody does. One day, the world is ending, the following week and half and nobody remembers nuthin’. Not only was there little follow-through selling to the June 11 crash, but buyers stepped in to gain control of the action. At the time, I thought that might be the first 5% of an 8-16% decline, but absent a resurgence of COVID-19 that could keep businesses closed, we…