If you’re like me, you had certainly heard the words “blockchain” and “Bitcoin” before, but until recently had considered it a thing only for tech geeks and anti-government conspiracy theorists. Then suddenly, Bitcoin blows up and returns a whopping 817% over the last 12 months. Congratulations geeks, you have my attention.
Obamacare is pretty bad - so bad that many Oklahomans saw marketplace premiums go up by 67% this year.
Most people are surprised to learn that I do not like roller coasters. Not at all. So much, that I’ve been known to bring a book along to a group trip to Frontier City or Six Flags. Even though my mind knows they’re safe, my stomach often disagrees, so I generally prefer to skip the lines and relax in the sunshine.
As this bizarre investment year comes to a close, disciplined equity investors are kicked back enjoying their well-deserved double-digit returns. This is quite the change from the investing environment of early 2016, when fears about China, US rate hikes, and steadily plummeting oil prices caused the S&P 500 to fall 9% in the first six weeks of trading.
Read the full article here: Older boomers face IRA withdrawals or a 50% tax
As we move into the fall, it's time to start thinking about Required Minimum Distributions (RMDs) from IRAs. A few things to keep in mind:
Last Thursday, residents of the UK, in a country wide referendum, voted 52% in favor of leaving the European Union, a so-called “Brexit”. This largely came as a surprise, as most polls were predicting a victory for the “stay” camp. Markets hate surprises, and as a result, we saw a global equity sell-off as investors headed for the sidelines. In the