Sunday, September 1, 2013

Cognizant Wealth Newsletter


Financial planning tips and events for this month
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September 2013 Newsletter


Estimated Tax Payments Due September 16
Just a brief reminder that third quarter 2013 estimated tax payments must be mailed to the IRS and, in California, to the FTB on or before September 16, 2013.  For help with your federal estimated tax payment, see http://www.irs.gov/Payments/Make-a-Payment.  For California, see http://www.ftb.ca.gov/online/payment_choices.shtml.

Tips and insights from last month’s blogs

Municipal Bankruptcies: It’s Not Just the Pensions
Detroit has recently joined Stockton and San Bernardino in filing for bankruptcy.  With out-of-control municipal pensions taking center stage in the media, you might think that solving the pension problem is all that’s required.  Don’t believe it.
READ MORE >>>


Opportunities to Boost GDP and Jobs
The McKinsey Global Institute (MGI) identified five large-scale investment opportunities that have the potential to increase GDP by over $1 trillion and create millions of new jobs by 2020. 
READ MORE >>>


Bond Funds Can Still Do Well When Rates Rise
As a follow up to a blog I wrote a few weeks ago (Do You Really Want to Sell Your Bonds Now?), I thought it would be a good idea to provide a little more data about how bond funds might be expected to perform during periods of rising rates.
READ MORE >>>

Retirement Success: The One Thing Needed Most
I’ve written many times about various things you can do in order to maximize the chances that your post-retirement life turns out to be everything you’ve hoped it could be.  What is the number one thing you need to do?  In a word, save!
READ MORE >>>
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