August 29, 2018 Financial Advice From a Wealthy Barber By Sylvia Salguero The Wealthy Barber remains one of the simplest and most informative financial books of all time. Though its popularity has waned since the nineties, the advice offered by author David Chilton has stood the test of time. Here are [...]
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So far Vance Albitz has created 45 blog entries.
August 27, 2018 A Bright Future Ahead: Investing in Energy By Vance Albitz America’s ailing coal industry was given a lift last Tuesday when the Environmental Protection Agency unveiled a proposal to reduce pollution regulations on coal-fired power plants. President Trump told supporters the next day, “We’re putting our great coal [...]
August 24, 2018 The Markets: Don't Be Surprised Phil Albitz When I was coaching my son Vance, our team played in various tournaments in Southern California. In one particular tournament one of the opposing teams was named “The Mama’s Boys”. When I saw we were facing them early in the [...]
August 16, 2018 How High Income Earners Fund Roth IRAs By Clete Albitz, CFP® A Roth IRA could be considered the most tax-advantaged long-term savings account. Your after-tax contributions grow tax-free and can be withdrawn from tax-free anytime after age 59 ½. Furthermore, required minimum distributions are not required at age 70 [...]
August 16, 2018 Rent Control on the Block By Paul Miloe, CRPS® In November, California voters will decide the fate of rent control via a highly controversial proposal – Proposition 10. Prop 10 is to be known as “The Affordable Housing Act” and carries a ballot title of: “Expands Local Governments’ [...]
June 25, 2018 Understanding Risk in Bonds By Clete Albitz, CFP® Back in 1938, the concept of bond duration was first introduced by Canadian economist, Frederick Macaulay. Macaulay duration is defined as the weighted average of the time until the fixed cash flows from an asset are received. It is frequently [...]
June 26, 2018 Real Estate Changes for Rental Owners By Paul Miloe Whether you currently own rental properties in CA, or are considering income properties in the future, some changes are coming, so be sure to check on the following with your leasing agent/broker/property management company to ensure you’re ready and any [...]
June 25, 2018 A Bright Future Ahead: Driverless Cars By Vance Albitz Ready for the future of transportation? The average American spends 18 hours a week - or 4.3 years of their life - in a car. The only thing we do more is sleep and work. Imagine if we were given [...]
June 18, 2018 Market Volatility is Back Phil Albitz Anybody that has watched the financial news this year has to have seen the volatility in the stock market has picked up quite a bit. Last year, we all got spoiled by the relative calm the markets exhibited. I’ve always said [...]
June 25, 2018 The Best Way to Spend Your $$$ By Sylvia Salguero Do you pay a lot of attention to the way you spend your discretionary income? A more focused approach to spending could potentially add happiness to our lives. This hypothesis was put forth by Elizabeth Dunn in her [...]