Why You Don’t Lose Money On Currency Exchange

Why You Don’t Lose Money On Currency Exchange

From July of 2014 to February of 2015 the Canada/US currency exchange rate plummeted from 1C$=U$0.94 to U$0.79 with the rapid drop in oil prices . . . a decline of 16% in just eight months. The carnage continued as the Canadian loonie bottomed out at U$0.69 in January...

Brexit

We have had a few inquiries in response to the market turbulence created by the United Kingdom’s vote to leave the European Union, and we thought it important to share our thoughts: In the short-term, we believe this event is likely to impact the markets much like any...

IRS PFIC – Understanding the Rules

Understanding the Passive Foreign Investment Company (PFIC) Rules and Regulations   Whole Article Background While many parts of the U.S. tax code are both convoluted and harsh, the IRS regulations involving the treatment of PFICs – Passive Foreign...

Worried About the Markets? Why?

We have posted a new blog entitled, “Worried About the Markets? Why?”  to our website. In it we discuss the nature of financial markets, the hype of the media, the history of stock picking and market timing and what to do now that the markets have...