Thought Leaders in a World of Canned Content

I’m not sure how you all are feeling, but it seems like 2019 is flying by. We have already reached the midpoint of summer and we hope all your vacations, BBQs and family celebrations are going well. While we will always encourage our clients to stay informed about the financial markets, it’s important to remember that our philosophy is to utilize goals-based investing so that our clients achieve the objectives identified in the financial planning process.

At Crown Wealth Group we pride ourselves in going far beyond traditional financial services by offering innovative and holistic wealth solutions. An area of advice that is typically siloed outside of the wealth management industry is the management of real estate assets within a client’s overall portfolio. With real estate playing an integral part of a client’s overall strategy and goals, we have brought this expertise in-house with Tyler Kolbenschlag's affiliation through Berkshire Hathaway HomeServices.

Over the past week we have seen an increase in volatility in the stock market and you may begin to see more reports in the media about prices going down. This update will give you a brief overview of current events and help you understand that this type of movement in the markets is normal.

Now- you’ve probably heard the term “asset allocation”, but what does that really mean, and how can we use it to your advantage? Asset Allocation is an investment strategy that aims to balance risk and reward by apportioning a portfolio’s assets according to an individual’s goals, risk tolerance, and investment horizon.

If you’ve turned on the news over the last week and a half, you’ve either seen reports of the market plummeting or surging. Almost every day it’s been to the extreme one way or the other. Volatility is back and so are the emotions that come with it. But, knowledge is power so arm yourselves with the facts to tame these animals!

At a high level, entertainment expenses are nondeductible, and most meals are 50% deductible. Previously entertainment expenses were 50% deductible and a broader array of meals had the potential to be 100% deductible. We anticipate this area of tax reform will be heavily scrutinized by the IRS so it’s important that you properly tag these items if you experience these types of expenses in your business.