Summarization of the Health Insurance Reforms Scheduled to Take Effect in 2011 The Patient Protection and Affordable Care Act (PPACA), signed into law in 2010, makes significant changes to our health care delivery system. Some of these reforms took effect in 2010 while many others take place in 2011. The following is a brief description […]
Tag Archives | Financial Emotions
The New Estate Tax Rules: Your Plan for 2011
Congress approved a new Estate Tax law last Thursday, December 17 2010 after nearly a year of speculation about its future. The new rules provide for a $5 million dollar exemption with a top tax-rate of 35%. This is obviously a far cry from the $1 million dollar exemption and 55% maximum rate originally scheduled […]
Managing Your Downside Risk is a Must!
As an investor, you probably hear a lot about risk. Phrases like “risk tolerance” and “risk profile” are part of the usual investment discourse, but when it comes right down to it, you may not be aware of how powerful it is to actively pay attention to the risk parameters of your portfolio. Of course, […]
A Winning Strategy for College Scholarships
Which sports team do you think will have a better chance of winning the championship: One that’s been preparing and strategizing for years, or the team that was put together in a few months? The answer seems obvious, and yet many people don’t realize just how critical it is to start planning early on for […]
Time to Reset Your Mind: Managing Your Financial Emotions
Behavioral finance studies peoples’ psychological tendencies when it comes to financial decision-making. A big part of this research focuses on investing mistakes. For the everyday investor, having a greater understanding of psychology can help you to break bad habits and thought patterns. What makes our usual financial psychology dangerous is that it comes so naturally […]