Transcript: Tom Vaughan: So you’ve we’ve talked about the stock portion of the portfolio. What are you doing for the bond side of the portfolio? Yeah, that’s a good question. I apologize for not talking more about the bond side of the portfolio, because it is a big piece. We have clients that have as
Transcript: Easan Arulanantham: Do you believe we’ve seen the bottom in June or this is just another bear market rally waiting for another downturn? Tom Vaughan: Ah, let me get my crystal ball in a polish it up here really good. I think one of the biggest fallacies that happens in investing, which is just
Transcript: Easan Arulanantham: The first question is kind of a common problem that a lot of our clients are having is, what do I do with a highly appreciated investment that isn’t performing very well in this market, you know, the markets down, but it’s performing worse than the market? Tom Vaughan: Yeah. So we’ve
Transcript: Easan Arulanantham: Will Required Minimum Distributions be counted as income when determining if the Roth income limits have been reached. So can I still contribute to my Roth even with some earned income, even though I have an RMD. Tom Vaughan: So a Roth IRA is an IRA that grows tax free, you can
Transcript: Easan Arulanantham: What is an annuity? Tom Vaughan: In very simple terms, an annuity is a tax deferred vehicle. So you can take money and put it in to an annuity, and it will grow without any taxes until you take it out. That annuity can actually be inside of a retirement account. So
Transcript: Easan Arulantham: So what kind of contain possible contagion events do you see in the future? Tom Vaughan: Contagion events just means that something happened somewhere that creates problems for you. In the end, in 2008, the contagion was these credit default swaps as they were called. Lehman Brothers was failing. There were a
Transcript: Easan Arulanantham: In previous downturns, bonds and TIPS (treasury inflation protected securities) have been used as parachutes. But this year bonds have performed terribly just here today, you know, why is that? And should I have a different parachute for this downturn? Tom Vaughan: Yeah, if we look back, you know that these are
Transcript: Easan Arulanantham: Now that the US is restricting some semiconductor sales to China, what is the market like Outlook for semiconductors, stocks and ETFs? And would this be a good buying opportunity since they kind of pushed down right now? Tom Vaughan: We saw NVIDIA dropped 11% this week because of the, their announcement
Transcript: Easan Arulanantham: Should I take money out of my health savings account, or a lot of people refer to it as HSA? Or should I just leave it and let it grow? Tom Vaughan: This is actually quite interesting. I’ve got a visual here, we can talk about what you can put in there.
Transcript: Easan Arulanantham: What is the annual gift tax exclusion, and How’s it different from the lifetime, lifetime gift tax exception, or exemption. Tom Vaughan: Alright, so we do have a visual on this. So we got this earlier. So you can give $16,000 per year, per person to. So for example, if my wife