With the Tax Cuts and Job Acts almost certain, you can take steps now to help ease the tax bite next year.
Below is our Quarterly Market Review that's heavily focused on returns of assets and markers around the globe. Our QMR is full of very interesting information and equally compelling ideas about investing your money.
Equifax, one of the three credit monitoring services, admitted recently that hackers gained access to the sensitive identify and financial information in their database for 143 million people (44% of the U.S. population). The hackers exploited a website weakness from mid-May to July. Equifax learned of the intrusion on July 29th but did not disclose the information to the public until 40 days later on September 7th. The credit breach is about as bad as you could expect a breach to be. Much of the data acquired is timeless information that could be used for years.
The stock market continues to climb at a steady rate, and an increase in personal wealth may bring greater financial flexibility. However, increased personal wealth can also lead to much larger liabilities. Individuals with high net worth or those who are perceived to have high net worth are more likely to be sued.