Given our long term perspective, it is hard to get too excited about the sizable gains that we have seen in this week’s market, although they are certainly a step in the right direction. In addition to today’s encouraging retail… Read More
In breaking news this week, Stanford Financial, which has a significant local presence here in Houston, has been accused of engaging in fraudulent investment activity. The initial allegations appear related to CD’s or Certificates of Deposit, issued by Stanford International… Read More
In a further blow to investor confidence, we learned late last week of the massive fraud perpetrated by Bernard Madoff. We will learn more as this story unfolds completely, but the size of the fraud and associated investor losses are… Read More
The continuing uncertainty in the financial arena has prompted some of our clients to ask about the security of their assets at Fidelity Investments (“Fidelity”) and Charles Schwab & Co., Inc. (“Schwab”). We certainly understand the concern. However, we want… Read More
Larry Maddox and Joe Thomson, founders of CPA firm Maddox, Thomson & Associates, P.C., recently launched their second joint-venture, Horizon Advisors, LLC. Horizon Advisors, LLC is a registered investment advisor (RIA) regulated by the Securities and Exchange Commission… Read More
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Harvesting Tax Losses
Money Saving Idea – Harvesting Tax Losses
While we have seen a remarkable recovery in the stock and bond markets over the past year, many investors continue to hold securities that are worth less than they paid for them. A… Read More