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MYTH: Trump’s Social Security Tax Holiday Will Help Employers and Their Employees

Well, this is a solid myth, that’s for sure.  Smart and ethical CPAs are recommending that their clients not just walk, but sprint away from the Memorandum Deferring Payroll Tax Obligation.  Let me preface this by declaring that I’m not an attorney and that all of this is my opinion.  But I can read and …Read More


Caveat Venditor

We’re all too familiar with the doctrine of “caveat emptor”, or buyer beware, which places all responsibility for a bad deal on the shoulders of the consumer.  Caveat venditor reverses that responsibility, placing all responsibility upon the seller.  With financial products and services, both are true, as the case below shows.  A quick check with http://brokercheck.finra.org/ …Read More


8 to 10% Is A Reasonable Expected Rate of Return

Reminder:  These Financial Myths Headings are Myths. No.  8-10% is not a reasonable rate of return, even though national investment “superstars” still claim that it is.Here in Oregon, that point has been driven home . . . again, unfortunately, by Aequitas Management.  The article that follows is long but instructive.  (Thank you Advanced Regulatory Compliance, …Read More


Self Regulatory Organizations Always Police Their Industries Well

Well of course that’s not true.  None of them do, from the FCC to the SEC.  But some do a better job than others.FINRA (the Financial Industry Regulatory Authority) seems to do a fair job considering their financial and political constrictions, as you can see below.  But out of 637,000+ brokers, they only examined 4500. …Read More


Christian Financial Planning

The title of this post asserts nothing so it is more of a contradiction than a myth.I know. I’m tugging on the tail of a hungry & rather grouchy lion. But this blog is intended to be controversial and challenging.  What could be more controversial and challenging than religion and money?  Case in point is …Read More