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In my last letter I advised you not to kill the sheep, but instead to keep it fed and alive, so that we can shear the profits in a recovery.  While I have been exceptionally busy on the phone and through emails, talking through portfolio strategy, I have not had one client (yet) instruct me to kill the sheep and sell out of stocks.  This fact gives me great joy!

You are no doubt consuming the news like drinking from a fire hose.  It is good to stay informed.  However, I recommend taking frequent breaks and remembering the importance of walking outside and feeling the sun as often as is feasible. While we are learning what social distance rules to live by, we are fortunate in our ability to still interact with nature and stay connected th

Market Recap

Alsworth Capital Management - Third Quarter 2019 Investor Presentation, please click HERE

Market Recap

Second Quarter 2019 – Playing Musical Chairs with the Fed

Market Recap

Market Recap

Now that we have traveled 365 days around the sun to start a new year, we have the opportunity to look back at the previous year and use that information to help set a course for the next.  What stands out the most about 2018 was the return of volatility, as well as the fact that every major asset class experienced negative returns, to varying degrees.

Alsworth Capital Management - Fourth Quarter 2017 Investor Presentation Market & Portfolio Strategy Review, please click HERE

I hope that you are enjoying the Holiday season.  As we approach the end of 2018, we wanted to give you a few updates regarding tax law changes and strategies.    

Itemized vs. Standard

One of the biggest changes to the tax laws this year was to eliminate the Personal Exemption Deduction entirely ($4,050 per person).  The Standard Deduction amount was then raised to $12,000 for single filers and $24,000 for married filers to help offset this change.  Many people that were previously eligible to deduct expenses such as healthcare costs, mortgage interest, real estate taxes, state income tax, charitable contributions and many other miscellaneous deductions will no longer have enough in total deductions to exceed the new Standard Deduction amount. To push more filers to the Standard Deduction, the entire Miscellaneous Itemized Deductions category was eliminated and the state income tax as well as real estate tax deduction was lumped together as one category and limited to no more than $10,000.