Blogs
“Lies – damn lies – and statistics”
I love statistics. My favorite book is “Money Ball” by Michael Lewis about how Billy Beane turned around the Oakland A’s baseball team with the help of Paul DePodesta. The two combined to rethink how to evaluate talent – removing the “gut feel” of a scout and...
Big Changes to IRA’s
At 401 Advisor, we take great pride in making sure investors are aware of legislation that affects their retirement savings and we try to ensure we keep our clients informed in a timely fashion when changes are made that affect them. Recently a bipartisan bill...
TNSTAAFL
by Bill DeShurko There’s No Such Thing As A Free Lunch The free lunch in the saying refers to the 19th-century practice in American bars of offering a “free lunch” to entice drinking customers. Obviously, bars weren’t in the business...
Market Commentary 09/04/2019
One of the “deadliest” sayings in investing is “This time it’s different”. Many investors and pundits, when faced with data contrary to their current views will rationalize a position by saying those infamous words. As they say as well, “history may not repeat, but it...
Service-Connected Disability Income Tax Deduction
By Jim Kilgore (USAF Ret.) Financial Advisor, 401Advisor, LLC To my retired veteran friends and friends of service-connected veterans, If you are retired and receiving above 20% disability rating from the VA you have a possible tax refund due to you. In...
Mid Year Outlook
As we head into the final month of summer, we head into Wall Street’s traditional slow season. Statistically August and September are two of the worst months of the year as traders partake in their annual migration to the Hamptons. Add in questions surrounding...