April 18, 2013 6:11:33 PM
On the off chance you haven’t noticed, the price of gold has been falling. Gold reached its peak in September 2011, topping out at just over $1,900/oz. On April 15, 2013, gold was trading at around $1,366/oz, and was down about 8 percent on that date alone. There are many theories about why the selloff has occurred, including hedge funds exiting positions and the Yen weakening versus the dollar. But in reality it doesn’t matter why gold is down: it is down.
February 18, 2013 8:37:42 PM
“The tax man cometh….” Actually the play is titled The Iceman Cometh, but for most, this time of year—and a reasonably mild winter thus far—means careful preparation for the tax man. No matter how many times you go through the exercise of gathering the necessary documents and information for your tax preparer, changes in the tax laws and individual circumstances can add new challenges. As you begin the process of gathering your tax data, here is a list of some of the commonly overlooked items. . .
February 18, 2013 8:23:38 PM
Tax season generates documents containing personal information, prompting a clearing out of desks, filing cabinets and offices. Don’t spend hours feeding a stack of sensitive documents into a ‘home-sized’ shredder (or tearing them into tiny pieces); instead take advantage of Moneta's shred service!
January 28, 2013 3:30:00 PM
The conventional wisdom asserts: equity market advances occurring against the backdrop of a ‘wall of worry’ indicate that investors are confident that the issues will be resolved at some point in the future. If that is the case, 2012’s performance should generate a high degree of confidence that the looming debt ceiling debate, higher taxes, and below-trend forecasted economic growth are temporary bumps in the road. Read more. . .
January 02, 2013 9:16:51 PM
Media outlets, newspapers and news organizations are filled with analyses of what The American Taxpayer Relief Act of 2012 will mean to American taxpayers. With the help of our sister company, Tax Strategies, LLC, we are providing our Moneta clients with the following summary, and hope it is useful in helping you plan for the coming changes.