AAII Survey: Readers Comment on Early Impact of Tax Cuts and Jobs Act

Late last year, Congress passed the Tax Cuts and Jobs Act (TCJA). While we are in month three of this new tax regime, the impact is being felt by many already. Those living in high-income-tax and high-property-tax states may have prepaid their property taxes to bypass the deduction cap that went into effect in 2018….

 

AAII Survey: The Biggest Impediments to Global Economic Growth & The Impact of Tax Reform

By all accounts, the global economy is humming along. This, in turn, is good for global stock markets. However, economies are cyclical and eventually they slide into recession. In a recent essay, Robert S. Kaplan, president of the Federal Reserve Bank of Dallas, outlined several factors that he feels are impeding the U.S. and global…

 

Politics Affecting Nearly 75% of Surveyed Investors’ Outlooks

This week’s Sentiment Survey special question asked AAII members what factors are most influencing their six-month outlook for stocks. Nearly three-quarters of respondents (73%) cited national politics, particularly President Donald Trump’s polices and what actions Congress may take. Tax reform was mentioned by many (20% of respondents), followed by regulatory reform and uncertainty over what…

 

Dow 20,000 Shows How Bad We Are at Analyzing Numbers

All of the hoopla being given to the Dow Jones industrial average reaching 20,000 shows how bad we humans are at analyzing numbers. We’re drawn to the number, because it is recognizable and easy to remember. It also looks big compared to previous milestones such as 5,000 or 10,000. Unfortunately, Dow 20,000 is a distraction…

 

Not Clear That Mutual Funds Are Becoming More Tax Friendly

This is the time of year when mutual funds make their annual distributions. The distributions, in this case, involve capital gains and ordinary income. They are the profits realized by the funds, most commonly through the sale of their portfolio’s holdings. To the extent that these gains cannot be offset by losses, they are passed…

 

Tax-Effective Ways to Make Charitable Donations

Today is Giving Tuesday, a day designated to promote donations to charitable organizations. Donating to charity is first and foremost an act of altruism. The tax code rewards such acts. The tax code allows those who itemize to deduct donations to qualified charitable organizations. Receipts are required for all cash contributions. Contributions of $250 or…

 

Looking Out for Your Spouse’s Financial Welfare

There are three certainties in life: death, taxes and me wearing green on St. Patrick’s Day. I have a green shirt on today. Taxes are due a month from now; April 18 for most people. (If you haven’t started working on your return yet, our tax guide can help.) As far as the other certainty…

 

Weekly Features: Exploring the Optimal Equity Allocation Path for Retirees

This week’s AAII Weekly Features highlight these valuable AAII articles: Exploring the Optimal Equity Allocation for Retirees An In-Depth Look at the Tax Consequences of Asset Allocation Clueless: What Graduates Need to Know About Making Financial Decisions The Individual Investor’s Guide to Personal Tax Planning 2015 The featured AAII stock screen this week is the…

 

Is the Time Right for a Roth IRA Conversion?

According to ThinkAdvisor, the recent market downturn has presented an opportunity for those considering converting to a Roth IRA. Why Convert in a Downturn? The primary reason to consider converting a traditional IRA to a Roth IRA in a market downturn involves the tax savings that such a move can generate. When you convert to a…