Canby Financial Advisors Market Commentary for the Quarter Ended 3/31/2018
Posted by Christopher Borden, CRPS® on Wed, 04/18/2018 - 11:35
The return of volatility in investment markets in 2018 is more likely the result of political dysfunction in the US and heightened tensions around the world than fundamental changes in the economy and corporate profitability.
Managing Your College Spending Plan
Posted by Christopher P. Gullotti, MSFP, CFP® on Mon, 04/16/2018 - 13:06
Whether you can foot your high schooler's upcoming college costs yourself or in combination with scholarships and financial aid, it’s important to start thinking about where your portion of the bill will come from.
Protecting Your Hard-Earned Assets
Posted by Daniel J. Flanagan, CPA/PFS, CFP®, AEP® on Mon, 04/16/2018 - 12:08
If you’re worried about protecting your wealth from future potential creditors you’re not alone. Whether your concern is for your personal assets or your business, various tools exist to keep your property safe from tax collectors, accident victims, health-care providers, credit card issuers, business creditors, and creditors of others.
Managing Debt While Saving for Retirement
Posted by Daniel J. Flanagan, CPA/PFS, CFP®, AEP® on Mon, 04/16/2018 - 11:29
It's a catch-22: You feel that you should focus on paying down debt, but you also want to save for retirement. It may be comforting to know you're not alone.
Thwarting the Tele-Robocaller Invasion
Posted by Joelle Spear, CFP® on Thu, 04/12/2018 - 16:29
Is there anything you can to reduce the number of annoying robocalls short of disconnecting your phone line? The answer is: possibly.
Choosing a Financial Advisor: The Fiduciary Aspect
Posted by Joelle Spear, CFP® on Mon, 04/09/2018 - 11:15
Even the most experienced investors sometimes reach a point where the challenges of balancing a broad range of financial objectives is too complex or time-consuming. That's where a trusted financial advisor can help. In article, we’ll discuss the importance of knowing whether an financial advisor you're considering working with will serve you in a fiduciary capacity.
There's Still Time to Contribute to an IRA for 2017
Posted by Daniel J. Flanagan, CPA/PFS, CFP®, AEP® on Thu, 04/05/2018 - 12:06
There's still time to make a regular IRA contribution for 2017! You have until your tax return due date (not including extensions) to contribute up to $5,500 for 2017 ($6,500 if you were age 50 by December 31, 2017). For most taxpayers, the contribution deadline for 2017 is April 17, 2018.
Due Date Approaches for 2017 Federal Income Tax Returns
Posted by Christopher P. Gullotti, MSFP, CFP® on Mon, 03/12/2018 - 14:07
Tax filing season is here again. If you haven't done so already, you'll want to start pulling things together — that includes getting your hands on a copy of your 2016 tax return and gathering W-2s, 1099s, and deduction records. You'll need these records whether you're preparing your own return or paying someone else to prepare your tax return for you.
How Does Working Affect Social Security Retirement Benefits?
Posted by Joelle Spear, CFP® on Mon, 03/12/2018 - 13:58
If you're thinking about working as long as possible to increase your retirement savings, you may be wondering whether you can receive Social Security retirement benefits while you're still employed. The answer is yes. But depending on your age, earnings from work may affect the amount of your Social Security benefit.
Is It Time to Worry About a Trade War?
Posted by Christopher Borden, CRPS® on Mon, 03/12/2018 - 12:16
On March 1, 2018, President Trump announced that the U.S. plans to impose tariffs on steel and aluminum imports. Markets around the world were shocked by the news, with major U.S. indices declining more than 1 percent just when it looked like they were recovering from the February downturn. Why did markets react so strongly? Is this a more serious threat going forward? In a word, yes.