Category Uncategorized

KQED Forum Podcast on Wills and Trusts

Music legend Prince died recently and the news has talked a bit about how he apparently died without a will. KQED Forum, a great discussion show on public radio here in the SF Bay area, hosted a discussion in the wake of this event, to talk about wills, who needs them, and related issues. The […]

IRA Number Soup

All those tax-related forms which come with having an IRA, what they mean, and what to do with them. IRA stands for Individual Retirement Account (or, possibly, the collection of all such accounts), and each IRA account you have generates a small torrent of paperwork, both throughout the year and after the end of the […]

Stock Market Volatility

January 20, 2016 – Stock Market Volatility “In the short run, the market is a voting machine but in the long run, it is a weighing machine.” ― Benjamin Graham In other words, there’s always a disconnect between prices and values.  In the short run, markets move, sometimes hard and fast — and often very […]

Bing Nursery School and Harvest Moon Auction

Bing Nursery School and Harvest Moon Auction Meyers Wealth Management is a proud sponsor of the Bing Nursery School’s annual Harvest Moon Auction. Bing Nursery School was founded in 1966 and is recognized around the world for excellence in early childhood education. Each year Bing Nursery School holds its annual silent and live auction, benefiting the […]

Inflation always on our minds…

Especially when it’s low and nobody is expecting it.  People can’t ‘time’ handling of inflation expectations better than they can time the rest of the markets.  So every portfolio needs hedges against it built into their diversification plan. The CFA institute blog posts a timely reminder: https://blogs.cfainstitute.org/investor/2015/11/11/three-reasons-why-it-is-still-a-good-time-to-talk-about-inflation/

9 Things To Do Before Year End 2015

Give gifts to charity.  To get a tax break for any gifts you give (cash, stock, etc), those gifts have to be given by Dec 31 to qualified charitable organizations. The IRS provides a tool for checking on this:  <https://www.irs.gov/Charities-&-Non-Profits/Exempt-Organizations-Select-Check&gt; For a contribution of cash, check or other monetary gift, you need to keep a record […]

“Obama Targets Financial Advisers” — a WSJ editorial full of nonsense

  Today’s WSJ Editorial. For the record, we at Meyers Wealth Management do NOT agree with the editorial. We have no opinion about HOW the Obama administration is going about this — legal procedures, etc. But the notion that someone who calls himself a “financial adviser” can do so without being subject to a fiduciary […]

Free Money! Which, sadly, only 25% of those eligible are taking…

Now that I have your attention, let’s try that again. Free Money! What we’re talking about here is the “Retirement Savings Contributions Credit”.  It was first created as part of the 2001 tax cut package called the “Economic Growth and Tax Relief Reconciliation Act of 2001” and was made permanent as part of the 2006 […]

Obamacare and Your Taxes (2014 and beyond)

The Affordable Care Act has a wide ranging list of tax effects, some of which apply to individuals, some to corporations, some intended to provide incentives for individuals or businesses to get insurance, some to provide funding which helps keep other parts of the law up and running. Before you get worried, though, or dive […]

How to lose a $1million bet (and also how to compare apples and oranges)

Ted Seides, CIO of Protege Partners, explains why he’s losing his bet against Warren Buffett. The bet, for $1million, was over which would outperform over 10 years – an S&P500 index fund (Buffett’s choice) or a fund of hedge funds (i.e., what Protege Partners does). Now I want to point out, at the outset, that […]