TAX GUIDANCE FOR PPP BORROWERS
IRS STATES BUSINESS OWNERS CAN’T DEDUCT EXPENSES PAID WITH PPP LOAN On November 18, 2020, the IRS provided a ruling on deductions regarding the Paycheck Protection Program (PPP) loan (Rev. … Read More
Keep Your Family Intact with Proper Estate Planning
It can be difficult to consider what will happen to your business and your family if you die unexpectedly. Without proper planning, you could be leaving your family and/or key … Read More
One in Five Credit Reports Has a Mistake on It. Here’s How to Check and Fix Yours for Free.
It’s one of the most crucial indicators of your financial health — and for one in five people, it’s got an error on it. So if you haven’t checked your … Read More
Fresh from the investment bakery: how your portfolio pie is made
Several years ago researchers asked Americans to choose which kind of dessert they would prefer a family member or friend to bring to their house for a holiday dinner. The … Read More
Block Out The Noise: It’s All About The Income
So many choices, so many voices, so little clarity. With a single click from your laptop or smartphone, you can buy shares on a foreign exchange, get competitive quotes for … Read More
Why Worry About Survivorship Bias?
For actively managed US equity mutual funds over the period from 1991 to 2020, survivorship bias overstates the median fund alpha by 0.60% per year: The median fund alpha … Read More
An Exceptional Value Premium
It’s probably not news to most value investors that the value premium has struggled over the past decade. What might be news is just how extreme an outlier recent value … Read More
The Sleeping Giant: Value’s Dormant not Dead
In contrast to literary tales of sleeping giants who awaken and immediately unleash their power, things are often less predictable in the real world. When it comes to investing, sometimes … Read More
What History Tells Us About Elections and the Market
Investors often wonder whether the market will rise or fall based on who is elected president. The data show that capturing the long-term returns of the capital markets does not … Read More
Why Average Investors Earn Below Average Market Returns
Trust me, it’s not “different this time.” No one could have predicted COVID-19 in a specific sense. Yet, what we can 100% count on is that there will always be … Read More