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Dear ,
Welcome to the sixth issue of The Wealth Chronicle, a free monthly newsletter written by Marc Bautis of Bautis Financial, LLC. The objective of each newsletter is to present informative articles discussing the topics of wealth management, investment analysis, and personal finance. If you have any questions or comments about any of the articles, please send them to me. I also maintain a blog containing more frequently updated information at http://www.bautisfinancial.com/blog.
If you think the articles in this newsletter are informative and useful, please forward it to a friend or colleague. If you no longer wish to receive the newsletter you can unsubscribe by clicking the unsubscribe link at the bottom of the page. If you would like to discuss your personal financial situation, I would be happy to offer a free no-obligation consultation. |
Investing in Water
Water is a commodity that has
no substitute. Without it, commerce and
even life are impossible. Many
forecasters believe that there will be an upcoming scramble for clean, usable
water and it will have a direct economic and geopolitical impact.
The problem is simple. There is not enough clean, fresh water to
meet the world's demands. Over one
billion people do not have sufficient drinking water. It is also estimated that 70% of global water
goes to growing food which could rise with population growth
The market for water products
is estimated to be around $500 million dollars annually. The easiest way to invest in water is probably through an ETF. The sector is
emerging and comes with a lot of risk, therefore it is not a suitable
investment for everyone.
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No Excuses
Inspirational Reading at its best
If you are looking for a book
to add to your Summer Reading you'd be hard pressed to find one as inspiration
as No Excuses: The True Story of a Congenital Amputee Who Became a Champion in Wrestling and in Life 
The book is the inspirational
story of Kyle Maynard, a Georgia
boy born without arms and legs. Not only
does Kyle battle the struggle of living a normal life, but he battles through
his disability to excel on both the gridiron and wrestling mat. Kyle's positive can-do attitude shows that if
you refuse to be defeated anything can be accomplished.
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Greening your home or office
Larger tax breaks make it a reality
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In the current economy almost
everyone would be interested in saving $300-$400 a month. If I told you that saving that much was
possible by improving the efficiency of the energy you use in your home or
office you might think that you would have to make a huge capital outlay to do
so.
Recent Federal legislation
has made more tax benefits available to people who make energy-conscious
improvements to their home or office. Not only will you save on your monthly
utility bill, but you will also most likely increase the value of your house.
The process to determine
whether undertaking a "Greening" process makes financial sense is a
straightforward process:
- Learn a little about the options available. The following are some informational
websites:
Federal
Tax Breaks http://www.energystar.gov/taxcredits
www.energystar.gov/taxcredits
State
and Local Incentives
www.dsireusa.org
Solar
Power
www.ases.org
- Have an energy audit conducted. These are usually conducted by your
local utility company and estimates how much you can save in energy costs
by making efficiency improvements to your house
- If you decide to move forward, contractors would
bid for the work, similar to any other home improvement project
- Work with your advisor to determine the best way
to pay for the project
- Execute!
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Blog Post of the Month
Target Date Funds Come Under Fire
The SEC and Labor department
conducted a joint hearing on June 18th to discuss Target Date Funds
and whether regulatory action is needed to ensure the funds align with
investor's long term expectations. 
Target-date funds invest in a mix of stocks and fixed-income
securities, and the percentage of these assets classes switches to more
conservative investments as a fund approaches its target date. For
additional details of Target Date Funds, please view an article I have written
in one of my past newsletters (http://tinyurl.com/nndjxc)
The recent downturn in the economy left hundreds of thousands of
soon-to-be retirees with significant losses, including those who were expecting
minimum impact because their investments were presumably in the more
conservative stage. In 2008, the
performance of target date mutual funds with 2010 in their name, had losses
ranging from 3.6% to 41%
The hearing consisted of nine panels with roughly 40 witnesses
testifying, including representatives from plan sponsors, academia, financial
institutions, along with plan participants and beneficiaries. Much of the testimony involved on how to
better educate investors instead of only having them rely on the name of the
fund
SEC commissioners and Labor Department officials will use the
testimonies and information provided at the hearing to determine how best to
address reforming the sector.
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Sincerely,
Marc Bautis
Wealth Manager
tel: 201-221-6895
fax: 201-754-9760
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Disclaimer:The information contained in this newsletter is for information purposes only and may not be suitable for your specific financial situation. You should consult a financial advisor before making any investment decisions relating to the information contained in this newsletter
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| About Marc |
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Marc Bautis is an Independent Investment Adviser specializing in working with retirees and those nearing retirement who want to protect their principal and ensure their money lasts. He is proud to deliver independent advice, always in his clients best interest.
Marc is a Bergen County native. He is a graduate of Lyndhurst High School and Seton Hall University. He, his wife Katie, and puppy Winnie live in Hasbrouck Heights. |
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