13 Financial Moves To Make Before 2016 Ends

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MMM Newsletter and Website Header 10.2.15I hope you had a great weekend! Time to get some holiday shopping done this week?

LRPC’s Monday Morning Minute for this week, “13 Financial Moves To Make Before 2016 Ends” (presented below) comes to you courtesy of financial planner Mary Beth Storjohann. As an independent, objective Registered Investment Advisory firm, Lawton Retirement Plan Consultants, LLC has access to research from many sources. Be assured that I will share enlightening, useful information with you each week. If you are short on time, make sure you take a look at each tip below in bold.

2016 is quickly coming to a close. Take a look at the suggestions below, maybe one of them can be a game changer for you.

Have a wonderful week!

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13 Financial Moves To Make Before 2016 Ends

By Mary Beth Storjohann

The year is quickly coming to a close and there’s New Year’s resolutions aplenty.

However, with resolutions being so open-ended, it’s easy to pile too much on at once and while you may feel motivated at first, fast forward a few weeks or months and you may find that you’ve thrown caution, boundaries and rules to the wind and are in the exact same position you want to get out of.

Rather than resolving to change in 2017, there’s still time to opt for buckling down and getting things done in 2016. In many instances, the end of the year closes a financial window or opens a new door. Are you ready to wrap up your loose ends and set yourself up to take advantage of any opportunities the New Year brings?

Here are 13 financial tips you should consider before the end of the year: [Read more…]

Year-End Tax Tips For 2016

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MMM Newsletter and Website Header 10.2.15I hope you had a great weekend! Welcome to the holiday season!

LRPC’s Monday Morning Minute for this week, “Year-End Tax Tips For 2016” (presented below) comes to you courtesy of Schwab. As an independent, objective Registered Investment Advisory firm, Lawton Retirement Plan Consultants, LLC has access to research from many sources. Be assured that I will share enlightening, useful information with you each week. If you are short on time, make sure you take a look at each section heading below to see if any are of interest.

The end of the year is almost upon us. You only have a little more than three weeks to impact what you will pay in taxes for 2016. Check out the ideas below from Schwab. Maybe one of them can save you money.

Have a wonderful week!

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Year-End Tax Tips for 2016

By Rande Spiegelman, Charles Schwab & Co., Inc.

Key points

  • These tax tips for 2016 address key areas of your financial life: portfolio planning, retirement, education planning and charitable giving.
  • It never hurts to consult with a tax professional about your unique tax situation.
  • Be aware of changes to cost-basis reporting rules and how they affect different securities you may own.

If tax time brings you stress, read on. First, take heart that you can act before the end of the year to help minimize the pain of April 15 (April 17 in 2017). Then, consider the tax tips below affecting key areas of your financial life — from your portfolio to your retirement and more.

Whether you do your own taxes or rely on a tax professional, these tried-and-true strategies may help you keep more of your hard-earned income and boost your after-tax returns. After all, it’s what you keep that counts. [Read more…]

Choices

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MMM Newsletter and Website Header 10.2.15I hope you had a wonderful Thanksgiving!

LRPC’s Monday Morning Minute for this week, “Choices” (presented below) comes to you courtesy of Jim Lange. As an independent, objective Registered Investment Advisory firm, Lawton Retirement Plan Consultants, LLC has access to research from many sources. Be assured that I will share enlightening, useful information with you each week. This is a short piece I believe everyone can read in less than 60 seconds.

We all need inspiration every now and then. Each month I like to share some words that I feel are uplifting. This month’s article is short, to the point and about the choices we make in our lives every day.

Have a wonderful week!

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Choices

By Jim Lange

A friend of mine once asked me, “If someone spits on you does that make you angry?”

I responded, “Of course it does!”

He replied, “No it doesn’t, it just makes you wet. It’s your choice to become angry.”

While I wanted to argue with him, he was exactly right. You and I have a choice in how we respond to anything in our lives. With that in mind, here is a list of some great choices we can make according to Mother Teresa: [Read more…]

Trump’s 100 Day Plan & The Economy

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MMM Newsletter and Website Header 10.2.15I hope you had a great weekend! Welcome to Thanksgiving week!

LRPC’s Monday Morning Minute for this week, “Trump’s 100 Day Plan & The Economy” (presented below) comes to you courtesy of ThinkAdvisor. As an independent, objective Registered Investment Advisory firm, Lawton Retirement Plan Consultants, LLC has access to research from many sources. Be assured that I will share enlightening, useful information with you each week. If you are short on time, please try and take a look at each heading below.

President-elect Trump has talked a lot about his 100 Day Plan to bring immediate change to America. The piece below explores how his busy first 100 days could impact the U.S. economy.

Have a wonderful week!

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Trump’s 100 Day Plan & The Economy

By Bernice Napach, Senior Writer, ThinkAdvisor

Donald Trump’s unexpected presidential win has rallied stocks and routed bonds, especially Treasuries, but how long those moves and sentiments last will depend on what Trump actually does once he takes office. Already stocks have retreated slightly from recent market highs and bonds have moved off recent lows.

“Markets are going through a big Trump rethink,” said Carl Weinberg, chief economist at High-Frequency Economics and co-host of a webinar on its implications for the U.S. and Global Economy. Markets are hoping Trump will be practical and market-friendly but don’t really know yet if that will be the case, according to Weinberg. “We have a lot of questions, not a lot of answers.”

Trump offered policy pledges during the campaign and recently released a plan for his first 100 days, but Weinberg advised, “Don’t take his campaign rhetoric and specific proposals too literally.”

He and Jim O’Sullivan, HFE’s chief U.S. economist, discussed several key items in Trump’s 100 Day Plan that investors should be watching now because of their potential impact on the U.S. economy and financial markets. [Read more…]

Trump Shocker: Five Likely Changes Coming Soon

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MMM Newsletter and Website Header 10.2.15I hope you had a great weekend! Welcome to the world of President Trump!

LRPC’s Monday Morning Minute for this week, “Trump Shocker: Five Likely Changes Coming Soon” (presented below) comes to you courtesy of American Funds. As an independent, objective Registered Investment Advisory firm, Lawton Retirement Plan Consultants, LLC has access to research from many sources. Be assured that I will share enlightening, useful information with you each week. If you are short on time, try to take a look at each of the five major headings below.

Did you wake up on Wednesday morning and expect to hear “President-Elect Trump?” At least half of the country didn’t! What might be on President Trump’s initial agenda? Read on below to see what the experts from American Funds believe President Trump will tackle first.

Have a wonderful week!

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Trump Shocker: Five Likely Changes Coming Soon

By: Matt Miller, American Funds

In this historic victory that shocked the political establishment and global financial markets alike, Donald J. Trump will become the 45th president of the United States.

In an uncanny echo of the Brexit outcome, millions of Americans frustrated with the country’s direction voted against the perceived status quo in the world’s wealthiest and most powerful democracy. Yet lack of clarity on how the president-elect actually will govern poses both risks and opportunities for investors.

Republican candidate Trump beat his Democratic opponent Hillary Clinton by a notable margin. Global stock markets were volatile, falling in Asia and then rallying in the U.S. on the view that Republican fiscal policies could provide meaningful stimulus to the economy. U.S. Treasuries slipped, the dollar was mixed against major currencies and gold rallied.

Now investors and international leaders must take his measure, and Americans will adjust to the style and tone of a self-proclaimed outsider in the White House. However, the Republican majority in both the House and the Senate means Trump stands a good chance of enacting much of his economic agenda. He could do that via the so-called budget reconciliation process, under which tax and spending changes can pass with a mere majority of the Senate, not 60 votes. Investors now spooked by Trump’s election may find themselves surprised next summer by the economic stimulus Trump’s Washington enacts.

While we expect market volatility to continue as investors adjust to the reality of a new balance of power in Washington, here are five key areas in which policy decisions could have an economic impact. [Read more…]

Harvard Study: Political Dysfunction Threatens U.S. Economy

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MMM Newsletter and Website Header 10.2.15I hope you had a great weekend! This week one of the most divisive and painful presidential campaigns ever finally comes to an end.

LRPC’s Monday Morning Minute for this week, “Harvard Study: Political Dysfunction Threatens U.S. Economy” (presented below) comes to you courtesy of Research Magazine. As an independent, objective Registered Investment Advisory firm, Lawton Retirement Plan Consultants, LLC has access to research from many sources. Be assured that I will share enlightening, useful information with you each week. This is a short piece I believe everyone can read in less than 60 seconds.

This article on political dysfunction and how it appears to damage the U.S. economy is alarming. Maybe tomorrow’s election will bring positive change to Washington. I hope that those of you who are thinking of not voting change your minds and exercise the franchise tomorrow.

Have a wonderful week!

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Harvard Study: Political Dysfunction Threatens U.S. Economy

By Janet Levaux, Editor in Chief, Research Magazine

The long U.S. election cycle and political infighting in Washington aren’t just taking a toll on voters. According to a recent Harvard survey, the divisiveness, gridlock and political dysfunction are hurting U.S. competitiveness.

“Overall, we believe that political dysfunction in America is the single most important challenge to U.S. economic progress,” three business school professors said in a report released recently. [Read more…]

Ten Ways To Measure The ROI Of Your Life

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MMM Newsletter and Website Header 10.2.15I hope you had a great weekend! Happy Halloween!

LRPC’s Monday Morning Minute for this week, “Ten Ways To Measure The ROI Of Your Life” (presented below) comes to you courtesy of Clifford Jones. As an independent, objective Registered Investment Advisory firm, Lawton Retirement Plan Consultants, LLC has access to research from many sources. Be assured that I will share enlightening, useful information with you each week. This is a short piece I believe everyone can read in less than 60 seconds.

We all need inspiration every now and then. Each month I like to share some words that I feel are uplifting. This month’s article may help you determine if you are living the life you want to live.

Have a wonderful week!

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Ten Ways To Measure The ROI Of Your Life

By Clifford Jones

It was early in the morning just a few days ago when I found myself sipping coffee and facing one of life’s great questions: Why am I here?

If you’re like me, maybe you find yourself asking the same question. As I sat there early that morning, my mind raced around a recent business challenge. It dawned on me that I was not really happy about where I was emotionally, at that moment, nor with the decision I had been wrestling with over a technology partner.

But letting it drag me down overall seemed foolish. So I decided to take a closer look.

I stopped to ask myself, “What am I really measuring today that I am not happy at the moment overall?”

When it comes to investing our money we want to know we’ll get that money back some day along with a positive return. There is a simple formula for return on investment when it comes to money. But what about life?

What do we really want when it comes to investing our time, the countless waking hours we devote to our businesses, careers, education and life’s work? Most of us just want to be happy overall. And to be happy overall we need to look at the individual elements that contribute to being happy or not happy. Then drill down from there. [Read more…]

Nine Key Things Next President Should Do To Fix The Economy: Brookings

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MMM Newsletter and Website Header 10.2.15I hope you had a great weekend! This painful presidential campaign is almost over!

LRPC’s Monday Morning Minute for this week, “Nine Key Things Next President Should Do To Fix The Economy: Brookings” (presented below) comes to you courtesy of ThinkAdvisor. As an independent, objective Registered Investment Advisory firm, Lawton Retirement Plan Consultants, LLC has access to research from many sources. Be assured that I will share enlightening, useful information with you each week. If you are short on time, make sure you review each of the nine points to see if any are of interest.

Our next President will face many challenges. This piece focuses on those related to the economy and references an important study from the Brookings Institution.

Have a wonderful week!

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Nine Key Things Next President Should Do To Fix The Economy: Brookings

By Bernice Napach, ThinkAdvisor

Although the economy hasn’t always been the focus of the current vicious and protracted presidential campaign, it will be among the most important challenges facing the next president.

With that in mind, the liberal-leaning Brookings Institution has issued a series of reports on issues related to the economy the next president will face, including recommended solutions. We’ve consolidated them into nine issues, ranging from fixing crumbling infrastructure to creating jobs for the poor and middle class, reforming health care and addressing the swelling levels of college debt. [Read more…]

Where The Presidential Candidates Stand On Key Investor Issues

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MMM Newsletter and Website Header 10.2.15I hope you had a great weekend! We are at just about peak color here in southeast Wisconsin.

LRPC’s Monday Morning Minute for this week, “Where The Presidential Candidates Stand On Key Investor Issues” (presented below) comes to you courtesy of Schwab. As an independent, objective Registered Investment Advisory firm, Lawton Retirement Plan Consultants, LLC has access to research from many sources. Be assured that I will share enlightening, useful information with you each week. This is a short piece I believe everyone can read in less than 60 seconds.

It’s getting to happen soon. The Presidential election will occur in three weeks. Time to start honing in on the issues that are important to you. This piece focuses on the economic and investment policies of the two presidential candidates.

Have a wonderful week!

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Where The Presidential Candidates Stand On Key Investor Issues

By Michael Townsend

As the presidential campaign has descended into an unprecedented exchange of personal attacks and scorched-earth tactics, it has begun to feel like the two presidential candidates rarely say much about what they would actually focus on if they were elected.

But amidst the mud-slinging and name-calling, the second debate between Hillary Clinton and Donald Trump did feature discussions of several issues important to investors, including two issues — health care and energy — that received almost no attention during the first debate.

While commentary on the scandals that have roiled the race is easy to find, at Schwab we are trying to keep our eye on the implications for investors. To that end, here’s a brief summary of where the presidential candidates stand, based on their comments on the campaign trail and in the debates, on several issues of importance to investors: [Read more…]

Three Trends To Watch For The Rest Of 2016

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MMM Newsletter and Website Header 10.2.15I hope you had a great weekend! It is almost time to start thinking about your Halloween costume!

LRPC’s Monday Morning Minute for this week, “Three Trends To Watch For The Rest Of 2016” (presented below) comes to you courtesy of Lord Abbett. As an independent, objective Registered Investment Advisory firm, Lawton Retirement Plan Consultants, LLC has access to research from many sources. Be assured that I will share enlightening, useful information with you each week. If you are short on time, make sure you take a look at each of the headings

What’s going to happen in the markets for the rest of this year? Take a look below at what economic trends the experts from Lord Abbett think we should focus on.

Have a wonderful week!

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Three Trends To Watch For The Rest Of 2016

By Zane E. Brown, Lord Abbett

In Brief

  • Summer 2016 has been anything but quiet for investors, with the “Brexit” vote, troubles in the Italian banking sector, expectations of U.S. economic improvement, and the prospect of a U.S. interest-rate hike dominating the headlines.
  • With investors focused on how the rest of 2016 could play out, we have identified three economic trends to keep an eye on in the coming months: 1. Both the U.S. economy and U.S. Federal Reserve policy seem headed higher, 2. Key economies outside the United States seem at greater risk, 3. Central bank policy responses could perpetuate “lower for longer” rate.
  • The key takeaway — U.S. economic resilience, the likelihood of slower growth elsewhere, and “lower for longer” monetary policy among developed countries could encourage investors to reposition their portfolios during the remainder of 2016.

With the U.S. Labor Day holiday over and the kids back in school, financial markets are taking stock of Summer 2016. If investors were expecting a quiet, uneventful season, they were disappointed. The global investment environment has changed meaningfully since June. The surprising decision by Britain’s voters to opt for “Brexit” in late June, continuing troubles in the Italian banking sector, expectations of better second half growth in the United States, and renewed likelihood of a rate hike by the U.S. Federal Reserve (Fed) suggest investors may want to perform a post-Labor Day check-up on their portfolios.

What are the important economic trends they should be watching as we head into the year’s home stretch? And how might they wish to position their portfolios? Here, we’ll attempt to answer those questions. [Read more…]