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Welch Investments

Keeping This Year’s New Year’s Resolutions

“Keeping This Year’s New Year’s Resolutions” 12/30/07   How many of you have made a New Year’s resolution only to break it within a few weeks or months?  I see quite a few raised hands, including my own.  Why do you think it’s so hard to keep these important promises we make to ourselves?  My […]

Tis the Season of Giving

“Tis the Season of Giving” 12/23/07   No doubt about it, December has everyone in the giving mood.  People are busy buying and exchanging gifts, acknowledging friendships and the love of family members.  Giving can also be smart tax planning while providing much needed support for those less fortunate in our community.  Here’s a summary […]

Real Estate’s Silver Lining

“Real Estate’s Silver Lining” 12/16/07   Open any major publication or tune into any national news program and you’ll be bombarded with negative stories about the real estate housing market in America.  There’s no question that the subprime lending debacle is a major event because major financial institutions fell victim to greed supported by poor […]

Year End Tax Planning Checklist

“Year-End Tax Planning Checklist” 12/9/07   With 3 weeks remaining in 2007, now is the time to take one final look to see how you can cut your income tax bill.  Here’s my checklist of ‘must-do’s’ before December 31:   Max out your 401k plan.  You should have at least one paycheck remaining and can […]

Some Holiday Giving and Receiving

“Some Holiday Giving & Receiving” 12/3/06   The opening weekend of the holiday season was a smashing success for retailers indicating that consumers are in the mood to open their pocketbooks to buy gifts for family and friends.  While the spirit of giving is in the air, it is also a time when many people […]

Medicare Part D Drug Plans Deadline Looms

“Medicare Part D Drug Plans Deadline Looms” 12/2/07   Once again it is the open enrollment period for the 2008 Medicare Part D Drug Plans. If you want to change to a different plan or you are choosing a plan for the first time, you must sign up by December 31.   There are a […]

Tis the Season to be Frugal

‘Tis the Season to be Frugal‘ 11/25/07   Thanksgiving marks the beginning of the holiday spending season.  To make sure you don’t overspend this year and end up starting out next year with additional debt, follow this simple 4-step process:   Step 1.  Determine the total amount of money you can afford to spend on […]

The Hidden Tax You May Owe

“The Hidden Tax You May Owe” 11/18/07   As many as twenty-five million middle income Americans are likely to feel the pain of a hidden tax in 2007.  The Alternative Minimum Tax (AMT) was created in 1969 as a governmental strategy to make certain that a small number of wealthy taxpayers couldn’t avoid paying income […]

Choosing the Right Financial Planner for Your Needs

"Choosing the Right Financial Planner for Your Needs" 11/11/07   In last week’s column I reviewed the six steps in the financial planning process.  It is important to understand the process you will go through before you hire a financial planner.  Financial planning can be helpful for everyone, regardless of your income or your experience […]

What is Financial Planning?

“What Is Financial Planning?” 11/04/07   Over the past thirty-plus years the business of financial planning has matured into a mainstream profession.  Today there are more than 56,000 professionals who hold the Certified Financial Planner™ designation.  These people are dedicated to helping others achieve their life goals.  Certified Financial Planner™ professionals are governed by the […]