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InThisIssueIN THIS ISSUE 
February 17, 2016 
Before_The_BellWBZ1030 with Dave
Before the Bell
with Dave Caruso
Financial updates and news for investors from Dave Caruso, ahead of Wall Street's opening bell.
 WBZ1030 Weekday Morning Radio Show 9:25am and Friday evening at 5:25pm 

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  • Brazil State Bans Pesticide After Zika Claim
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First_articleWhat's the Best Way to Give Money to Children and Grandchildren?

In 2014, the IRS allows you to give up to $14,000 annually (or $28,000 if you give jointly with your spouse) to each of as many people as you'd like child with grandparents  in cash, investments, and/or property without triggering gift taxes. (This limit may be adjusted for inflation in future years.)

If you're thinking about giving money to minor children, such as a new grandchild, it might make sense to take advantage of The Uniform Gifts to Minors Act or The Uniform Transfers to Minors Act (UGMA/UTMA) depending on your state. An UGMA/UTMA account allows you to establish a savings or investment account in a child's name, with one adult named as custodian.
 
More on 'Best Way to Give Money to Children and Grandchildren'
The_MarketsThe Markets
Are markets suffering from excessive worry?

Last week, markets headed south because investors were concerned anxious about the possibility of negative interest rates in the United States - even though the U.S. Federal Reserve has been tightening monetary policy (i.e., they've been raising interest rates).
 
The worries appear to have taken root after the House Financial Services Committee asked Fed Chair Janet Yellen whether the Federal Reserve was opposed to reducing its target rate below zero should economic conditions warrant it (e.g., if the U.S. economy deteriorated in a significant way).

More on 'Market Commentary' here.
 By_the_NumbersBy the Numbers 
By the numbers 2-12-16
Notes: S&P 500, Gold, DJ-UBS Commodity Index returns exclude reinvested dividends (gold does not pay a dividend) and the three-, five-, and 10-year returns are annualized ... more important disclosure mentions found here.  (We urge you to read the entire disclosure statement.)
Tune into WBZ 1030 AM radio weekdays at 9:25am and Fridays at 5:25pm. You can also catch my comments at WBZ Online

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Dave Caruso, CFP®
Coastal Capital Group
  
email:dave.caruso@CCGWealth.com
phone:1-978-777-3116
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The opinions voiced in this material are for general information only and are not intended to provide specific advice or recommendations for any individual. To determine which investment(s) may be appropriate for you, consult your financial advisor prior to investing. All performance referenced is historical and is no guarantee of future results. All indices are unmanaged and may not be invested into directly. 

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