Frothy valuations on many large caps, coupled with the specter of a Democratic tax bludgeoning of corporations and the highly productive wealthy, may signal outright bearish conditions around the corner.
Once again, this year Camarda Cares has the pleasure of bringing to your attention opportunities to help a wonderful local charitable organization that has served underprivileged families across Clay County for the last 22 years. J.P. Hall Children’s Charities has awarded over $460,000 in scholarships to deserving Clay County students and just last year alone
Camarda is pleased to announce that we will begin managing 401(k)s for clients in existing plans that can’t yet be rolled over. Not only can this save you time and professionally clarify your investment options, but may also lead to better returns, and a more secure retirement for you and your family.
Without a fully-enabled Ken, one might contrast the trajectory of Fisher Investments to a Berkshire Hathaway without Warren Buffett. In many ways, Berkshire has methodically prepared for inevitable transition for many years; Fisher’s succession planning has been far less transparent, and perhaps, far less considered.
401(k) plans have become so commonplace that not having one at work is a red flag. Business owners typically set them up to attract and take care of employees, and also to develop a way to save themselves taxes. But most people don’t know that such plans carry tremendous risks for business owners.
Regardless of who rules Washington in the early 2020s, one thing is certain; deficits, Social Security, and Medicare costs will go to unsustainable levels in a few short years now, and the money will have to come from somewhere. The best bet is higher taxes.
However noble the quest to reset the US/China trading relationship – and there is no question that the Chinese have been snookering the world, taking advantage, cheating, and worse for decades now – some fear Mr. Trump may have overplayed his hand.
The investment markets have been on a bit of a roller coaster since the September rally, with the continuing trade war, instability in the Middle East, and political drama with the impeachment inquiry all contributing to some sharp market bounces.