Stocks and bonds usually compete for investors’ dollars. But for the last decade or so rock-bottom interest rates have caused many would-be bond buyers to increase their allocations to stocks. The acronym TINA – which stands for “There Is No Alternative” – was coined to describe the rationale for this rotation into equities. The dramatic rise in interest rates means that is no longer the case.
Financial markets tested investors’ resolve in 2022 to a degree rarely seen in recent years. Diversification and deft money management decisions helped mitigate the pain, but sharp losses weighed on most markets around the world last year.
Tactical asset allocation strategies that utilize economic data and mathematics in an effort to generate higher returns and lower risk. Here’s how it works.
The Internal Revenue Service has announced 2023 annual inflation adjustments for the annual gift tax exclusion and lifetime exemption amount. The return of high inflation will make 2023 an interesting year for tax planning.
We hope you and your loved ones are healthy and happy this holiday season. 2022 has been an exciting and busy year for O’Leary-Guth Law Office, S.C. (we call ourselves the “OLG team”). As this year nears its end, the OLG team has much to celebrate, reflect upon, and share with you.
President Biden signed the 2023 Fiscal Year Budget on December 29, 2022, which includes the SECURE Act 2.0. The bill is part of the recently passed $1.7 trillion fiscal package and aims to continue updating the laws governing retirement accounts following the changes made by the earlier Secure Act of 2019. Below is a brief overview of some of the key changes: