WH Cornerstone Investments Newsletter
Your financial cornerstone in a constantly changing world
We are excited! On February 21st, we here at WH
enter into our 10th year of business. We are
thankful for all of our clients, colleagues, strategic
partners and friends for being with us as we reach
this tremendous milestone. We look forward to
serving you for the many years to come.
Time to Share. Create a Buzz. We will be
teaching two financial classes this spring through
& After Dark's adult education
program. Wednesday, March 15 will be
Charitable Giving Strategies. Do you desire
to make a
profound difference? Learn
how through donor-advised funds. A donor-advised
fund is a way for you to make contributions to all
your favorite charities by centralizing your
charitable dollars in one convenient location.
Donor-advised funds provide all the advantages of a
private foundation without the tax burdens or
administrative and reporting responsibilities. This
course will get you started on the path of leaving
Women, Beat the Investment Pros! The
Discount strategy continues to turn the investment
world upside down. Whether you have $5,000 or
$5,000,000 to invest—you could beat the pros! Learn
how you can implement this simple strategy of
investing into the high-yield, low priced stocks of
the Dow Jones Industrial Average. This
straightforward strategy will only take you a few
hours a year. This class is designed for women
looking to take control of their investments. This
course will be
taught on Wednesday, April 5 (not March 22).
50 Ways to Trim Your Budget
You don't have to give up the things you love to save money. You just have to be willing to look hard. Start with your fixed expenses, then review your discretionary costs.
Lou knows his family is in a vicious cycle with
credit cards. He's just not sure how to get out.
Bills and credit-card payments eat up most of the
Mansfield, Ohio, family's income, leaving them
little left over to pay for groceries and other
basics. So they wind up charging more.
Time to Address Your Bottom Line
10 Must-Do Financial Resolutions for Everyone
Every year, people make the same resolutions: Go to
the gym more often. Cut out chocolate. Lose 10
pounds. Stop smoking.
Yet despite the best intentions, by February, most
have slipped up and by March, they've completely
fallen off the wagon.
21 Ways to Vacation Like a Millionaire
The secrets for a great stay in an expensive locale? Never pay rack rate. Here's how you can do it, plus tips for saving on fine dining, wines and other pleasures.
Why pay full-price for a weekend jaunt to the
Caribbean or be subject to retail pricing on a case
of exquisite French Bordeaux? Surely, you can do
Why Women Face a Retirement Crisis
Women are living longer than ever and spending more years in retirement
We're living longer. Isn't that great? Then why are
retirement experts so worried?
Perhaps because longer lives translate into longer
retirements, and we're not doing a great job of
saving enough money to last those extended
Section 1031 and Estate Planning
by Compass Exchange Advisors
Most tax advisors are aware of Section 1031 and the
opportunity it affords to defer otherwise taxable
gain on the sale of business or investment assets.
Section 1031 remains an under-utilized strategy in
the estate planners' toolkit. Reasons to do a
Section 1031 exchange are to:
- Diversify asset holdings;
- Exit active management; and
- Convert a non-income producing parcel of real
estate into an income producing parcel