by Tom Wheelwright | Oct 10, 2007 | Wealth Strategy
In our cd, “What Your Financial Planner Will Never Tell You,” my partner, Ann Mathis, and I discuss the idea of the velocity of money. The example we use is real estate. The natural question that I am frequently asked is whether you can create velocity in...
by Tom Wheelwright | Oct 4, 2007 | Tax Strategy
People frequently ask what is the number one tax question I get? Inevitably, whenever I speak at a seminar or to any group, the requested topic is “How do I structure my business and/or investments?” Not only is this the most common question, but it is...
by Tom Wheelwright | Oct 1, 2007 | Wealth Strategy
It's Monday morning and I'm in the elevator on my way up to my office from the parking garage. Another person gets on the elevator at the same time. Trying to be polite and friendly, I ask him how he is doing. His response is, “Ugh, it's Monday.” Is this...
by Tom Wheelwright | Sep 4, 2007 | Wealth Strategy
One of the most common questions I get regards “tax-favored” investment vehicles such as Self-employed Retirement Plans (SEP's), IRA's, 401(k)'s, and, in Canada, RRSP's. With the exception of the Roth IRA and Roth 401(k), these vehicles primarily rely on...
by Tom Wheelwright | Aug 10, 2007 | Wealth Strategy
I get a lot of questions from seminar participants about building a wealth team. For example, I was recently asked the following: Is there a particular on-line brokerage firm that you recommend? Do you recommend using any particular stock advisory newsletter? These...
