NYSaves 529 Plan
If you have children approaching or in college, the end of summer means one thing: a fall tuition payment! Fortunately, as New York State residents, there is a little tax break for college expenses. By contributing to the NYS 529 College Savings Plan, you are able to deduct up to $10,000 for a couple ($5,000 […]
Market Commentary July 2014
Stock Markets The first chart at right shows returns from various stock market indices over several periods ending June 30, 2014. Equity markets have rewarded those of us who stayed the course. Why? I offer three culprits: Surprises associated with an improving economic environment Lack of return opportunities in bond markets “Animal Spirits” These things are […]
Rockbridge – Planning for Generations
The question of firm strength and continuity has surfaced more and more this year. Both new and long-time clients are concerned that their financial planning firm will be around for the rest of their lives as well as for their children and grandchildren. The good news is that over the past few years, Rockbridge has […]
Is the Market Due for a Correction?
We have seen high returns and low volatility over the past three years. It feels like the stock market is due for a correction. Over the past three years returns have been much higher than average and volatility has been much lower than average. The chart below compares returns, and the variability in returns, for […]
