Can borrowing money at low interest rates in retirement and investing in higher yielding items make sense? See this article in The Wall Street Journal Market Watch by Anya Martin:http://www.marketwatch.com/story/in-retirement-can-more-debt-be-wise-2013-05-20Some people may want to do this, but I am leary about leveraging in this way – if some disaster happens, does the house of cards come down. This is definitely a case by case basis, with it not being a good idea for most retirees.For financial, accounting and tax musings,You can count on us to count for you! email bstonercpa@sbcglobal.net phone 818-317-6035 Website www.briantstonercpa.com
6 things small businesses should do in the summer of 2013
This article in The Mercury News by Joseph Pisani from AP has a new take on ‘How I Spent My Summer Vacation’ in that it gives the small business owner summer school: http://www.mercurynews.com/ci_23347564I think it is a great idea in the summer months to plan to increase business going forward, and that these six steps are a good starting point.For financial, accounting and tax musings,You can count on us to count for you! email bstonercpa@sbcglobal.net phone 818-317-6035 Website www.briantstonercpa.com
A Big Push for Mandatory Personal Finance Classes in School
This has been a pet pieve of mine for many years – why not teach ‘financial life 101′ in school. It looks like the federal Consumer Financial Protection Bureau finally agrees – see this posting in Time Business and Money by Dan Kadlec:http://business.time.com/2013/05/07/a-big-push-for-mandatory-personal-finance-classes-in-school/Now the hard part – getting the kids to go the classes!For financial, accounting and tax musings,You can count on us to count for you! email bstonercpa@sbcglobal.net phone 818-317-6035 Website www.briantstonercpa.com