Monthly Archives: August 2007

Data or Relationships

Wow, what a harrowing swing we have seen in the stock and bond markets of late. Asset allocation, which reduces the downside risk of investing, provided no safety in the July to August market correction. All major equity indices were down at least 10% from their earlier market peaks. Why? We are seeing a realization [&hel...

Not Planning Can Be Costly

Education planning has become even more crucial to many families over the past few years, mainly because the cost of a good education has grown dramatically faster than the overall rate of inflation. Some experts predict that, if your child is born today, you may need more than a quarter million dollars in savings to [&hel...

Stress and Taxes

April is one of the most stressful months of the year for many Americans. Submitting your tax return is easier than ever, thanks to innovative software and electronic tax filing. However, this also means that more of us are putting off filing our taxes until the last minute. Neglecting your long term income tax planning [&hel...

Have You Planned

A recent survey of Americans showed that most of us – especially those of us who have not yet reached our fiftieth birthdays – put off retirement planning, for a variety of reasons. Many of us feel that retirement is too far off to start thinking about. Some Americans think that retirement planning makes them [&hel...

The Battle Has Been Won but What About the War

At BFS, we have built our practice and more importantly, our reputation, by putting client interests first. We have built nice careers from serving our clients without conflicts of interest. Does everyone in my profession practicing as a CPA or CFP® work this way? How about a broker or an insurance agent? No. Do some [&hel...