Tax 529 plans? Hold on there Mr. President

photo credit: Tax Credits via photopin cc
photo credit: Tax Credits via photopin cc


When the idea of taxing 529 College Saving Plans came up, we collectively thought, “So soon?” It was just a matter of time before someone looked at that pot of gold and decided to raid it.

Our second thought? “It will never happen.”

The idea of offering college free to everyone is noble, but it is not free. Someone has to pay for it. Fortunately, it won’t be taxes on 529 plans that funds free college for the masses.

It seems both parties asked the President to back off of this intent. (Congress never would have passed it anyhow. Can you imagine?)

What’s next? ROTH Ira’s?


Oil Still?

photo credit: Chris_J via photopin cc
photo credit: Chris_J via photopin cc


As you know, the price of gas has declined. As we said before, it could be a mid East conspiracy to put U.S. shale frackers out of business or it could be that supply is just high and demand is low. Both are bad really.

OPEC is not going to intervene it seems.

Under $50 a barrel now, the energy companies are looking for a little stability. The swift movements are particularly hurting smaller oil producing countries and is forcing oil companies to slash budgets.

Our take? Oil will rebound eventually.

Is this a Bear, a correction or what?

photo credit: ota_photos via photopin cc
photo credit: ota_photos via photopin cc


What. Probably.

This article gives a great insight to technical analysis and what a correction is.

We have called this rally, the one that started February 2009, the “Most Hated Bull Market in History.” With perspective (Go look at a 10 year chart of SPY), you will see the latest pullback is, at this point, a healthy pullback. (It just can’t go up every day!)

Technology Predictions

photo credit: Twechie via photopin cc
photo credit: Twechie via photopin cc


Our company relies heavily on technology. As an Investment Advisor, trading is a pretty big deal. What used to take us 6 hours to do, now takes 15 minutes. We are always looking for new and cutting edge ways to improve our efficiencies and delivery.

This  article highlights some technology predictions for the coming year. Take a look and see what you think. How will technology advances impact you in your business?

Happy New Year!

photo credit: The Wandering Angel via photopin cc
photo credit: The Wandering Angel via photopin cc


Wherever you are when the ball drops, we hope that 2015 is the year that brings you happiness, health and prosperity!

Happy New Year from Temenos Advisory!
George, Buddy, Ann, Anna, Miranda, Tracey and Sarah



Know your 401k!

photo credit: Tax Credits via photopin cc
photo credit: Tax Credits via photopin cc

In the new year, it is important to understand what your 401k is and the rules that apply. This link takes you to the Department of Labor website and a fine article telling you what you should know about your retirement plan.

If you have any questions about your plan, please give us a call and we will be happy to help!

Merry Christmas!

photo credit: Marianne O'Leary via photopin cc
photo credit: Marianne O’Leary via photopin cc


From our family to yours, Merry Christmas! We hope your holidays are filled with love and laughter and the new year filled with prosperity!

What Are You Getting For Christmas?

photo credit: Kačka a Ondra via photopin cc


ShopperTrak estimates total retail sales hit $10 billion last Saturday.  $1 billion more than black friday!

This article highlights one of our favorites, Under Armour.

It is easy to get excited about the sports apparel trend.  It seems as though every time you turn around a new exercise trend is sweeping the country and Disney’s ESPN is dominating the airwaves.

So what are you giving or getting for Christmas?  We hope that this Holiday Season brings love, laughter, and joy to all of our friends and clients and their families!

Should I Convert IRA to a Roth?

photo credit: via photopin cc
photo credit: via photopin cc


Well, we get this question probably more than any other. There is no hard and fast rule, but conversion should certainly be considered.

A ROTH IRA is a great tool, as it allow tax free withdrawals (as long as you are over 59 ½ and have had the ROTH for at least 5 years). If you are interested in turning your regular IRA into a ROTH, here are some things to consider.

Let us know if you would like help considering your conversion.

Gas is cheap. What is going on?

photo credit: Kool Cats Photography over 2 Million Views via photopin cc
photo credit: Kool Cats Photography over 2 Million Views via photopin cc

Oil prices are getting hammered, as are oil companies’ stock. Is supply overshadowing demand? Is it the middle east manipulating supply? Is the Global economy causing a slowdown in demand?

What we do know for certain is that this time of year, saving $30 at the pumps will translate into more presents under the trees. We also hope that lower oil prices will mean lower operating costs for American companies which should lead to better profits. This article does a great job explaining the various viewpoints.

What do you think?

« Previous PageNext Page »