We hope that you had a peaceful Thanksgiving holiday! Joe Jr’s family enjoyed trying a new burger place while visiting California- Tanner’s Prime Burgers in Oceanside, CA. It’s worth a stop if you are in the area.
Commonwealth’s Chris Fasciano has his monthly market update video available. It’s a good summary of what we can expect as we near the end of the year.
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We’re very interested in the economic and social effects of lower birthrates. Korea seems headed for real demographic challenges, with a group of 100 Koreans likely to have only 15 grandchildren among their descendants.
We watched the 2023 film Past Lives on a flight and really enjoyed it. A lovely story about connection.
Today’s example of unnecessary-but-nifty inventions is this “human washing machine.”
A very successful YouTube writer explains some of the secrets to his success.
Love or hate the name, “Trump Accounts” will have a long-term impact for many young Americas. The generosity of Michael and Susan Dell will provide initial funding for children not covered by the new program.
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Q: What do we need to know before the end of the year?
A: The clock is ticking for calendar-sensitive items. We do our best to make sure that required minimum distributions take place, and for most of you that task is already completed.
Many of you make charitable contributions from retirement accounts, donating appreciated shares. This allows you to avoid capital gains taxes on those shares, while receiving the applicable deduction on the contribution. To ensure that this is done on time, December 15th is the latest that these should be made.