FINANCIaL
FIELd NOTES
Getting A 91% Charitable Tax Benefit In Virginia – Neighborhood Assistance Program
If you live in Virginia and are searching for charitable organizations to give to, you may want to consider the Neighborhood Assistance Program (NAP).
According to their website, “In return for [your] contributions...individuals may receive tax credits equal to 65 percent of the donation that may be applied against their state income tax liability.” That’s right - a 65% dollar-for-dollar credit on your Virginia taxes!
Why Avoiding Stock Market Collapses Is So Difficult
There are significant costs to poorly timing the market. However, this does not stop many investors from trying since there can be significant benefits to getting it right.
There are lots of data points around why it’s so difficult, but I think the most underestimated reason is that even if we can identify the potential triggers of a market collapse, we often don’t know how or when they will be resolved…
The Evidence for a Value Tilt
As an investor, you are likely familiar with the concept of owning a balanced portfolio. However, one strategy that has been well-documented over time to outperform a perfectly balanced portfolio is a “value tilt.”
A value tilt approach to investing is a strategy that involves overweighting companies with a lower price-to-earnings (P/E) ratio than the overall market. The rationale behind this strategy is that these undervalued stocks have the potential to deliver higher returns in the long run as the market corrects its mispricing…
Using AARP’s Livability Index to Find Your Retirement Destination
For many retirees, where they live plays a significant role in their overall happiness and well-being. Deciding where to live can be a significant challenge, especially for those that have lived in the same area for most of their working years.
The AARP Livability Index is a useful tool that can help retirees make more informed decisions about where to live during retirement. The Index provides a score out of 100, with 50 being the national average…
10 Facts That Prove the World Is Getting Better
When I open a newspaper or turn on the news, it’s hard to be optimistic about the world. Despite this, I tend to be optimistic, which can come across as a bit naive in the investing world.
As Morgan Housel puts it, “Optimism often sounds like a sales pitch, pessimism sounds like someone trying to help you.” But the opposite has proven true…
Wealth and Happiness are Loosely Connected
Recently I heard a doctor talking about the crisis in Sudan, where intense clashes between military forces have threatened the lives of thousands. He had recently spoken to another doctor in Sudan who was the sole MD in charge of patient care for nearly a million people. Every day, he saw all sorts of medical problems that we would never imagine suffering from here in the US. However, he went on to say that the US and other developed countries suffer from one illness that the Sudanese largely do not: depression.
In recent years, researchers and economists have recognized the limitations of GDP as a measure of progress and have sought other metrics to assess the well-being of citizens. One such metric is the World Happiness Report, which measures the overall happiness of citizens in a country…