Steve Ause

Description

The difference between the price at which an asset was purchased and the price for which it was sold. When the sale price is higher than the purchase price, the difference is a capital gain; when the sale price is lower than the purchase price, the difference is a capital loss. Cash Alternatives Assets that are most easily converted into cash and which have a very low risk of price fluctuation. For example, money market funds may be considered a cash alternative. Money held in money market funds is not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency. Money market funds seek to preserve the value of your investment at $1.00 a share. However, it is possible to lose money by investing in a money market fund. Cash Surrender Value The amount a policyholder would receive when voluntarily terminating a cash-value life insurance policy before the insured event occurs or when cashing out an annuity contract before its maturity. Computation of cash surrender value is stated in the life insurance or annuity contract.

With investment discipline, the upside can take care of itself. I seek to protect your downside. Who we serve We provide face to face service. We have some 3,000 home office staff and are a part of some 13,000 independent advisers nationwide. We serve primarily retired clients, or those nearing retirement. Process Our first priority is helping you work towards overall financial success. We want to learn more about your personal situation, identify your dreams and goals, and understand your tolerance for risk. Long-term relationships that encourage open and honest communication have been the cornerstone of our foundation of success.

A credit subtracted from income taxes after preliminary tax liability has been calculated. Tax Deduction An amount that can be subtracted from a taxpayer’s income before taxes are calculated. Taxpayers may use the standard deduction or may itemize deductions if allowable itemized deductions exceed the standard deduction. Tax Deferred A condition of certain plans and accounts under which the funds in the plan or account along with any accrued interest, dividends, or other capital gains, are not subject to taxes until the funds are withdrawn. Tax-Exempt Bonds Debt securities issued by a state, county, city, or other political entity (such as a school district) that generate income which is exempt from federal income taxes. Income from such bonds may also be exempt from state income taxes in the state in which the bond is issued. However, some tax-exempt bonds may be subject to the federal alternative minimum tax. Bond prices rise and fall daily. Municipal bonds are subject to a variety of risks, including adjustments in interest rates, call risk, market conditions, and default risk. When interest rates rise, bond prices generally will fall.

Fill in for my free email Weekly Economic Update , our next informative workshop, a portfolio review, or just get together for lunch! The Biggest Fear! Our goal is to help preserve and protect your lifestyle during retirement and help you avoid the worst thing that could happen: running out of money! We seek to minimize the downside while keeping up with inflation. We seek to gain more, by losing less, and develop a plan to provide an income you can count on. My Commentary on Fox News Radio As I have said on my regular Fox News Radio commentary, it has been a difficult decade for investors. In my view, a simple portfolio of American stocks and bonds is no longer adequate diversification. Many cities, counties, states and nations face extreme challenges. With the market taking two very large drops in the last decade, many investors have been hurt, especially those withdrawing from their accounts to support their lifestyle. We believe the investing landscape is extremely dangerous and don’t feel that we have fixed the underlying problems, and it may get worse. Therefore, there are times you just may not want to be in the market.

For example, if the Fed maneuvers short-term interest rates lower, borrowing money becomes less expensive and people may be motivated to spend. Consumer spending may stimulate economic growth, which may cause companies to produce more product and potentially increase employment. When short-term rates are low, the Fed closely monitors economic activity to watch for signs of rising prices. On the other hand, if the Fed pushes short-term rates higher, borrowing money becomes more expensive and people may be less motivated to spend. This may, in turn, slow economic growth and cause companies to decrease employment. When short-term rates are high, the Fed must watch for signs of a decline in overall price levels. Supervise and Regulate The Fed establishes and enforces the regulations banks, savings and loans, and credit unions must follow. It works with other federal and state agencies to ensure these financial institutions are financially sound and that consumers are receiving fair and equitable treatment. When an organization is found to have problems, the Fed uses its authority to have the organization correct the problems.

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