The New Capital Journal
Financial news, views, advice, and guidance.
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IRS Provides Tax Relief to Texas Residents
The IRS has extended the tax filing deadline to June 15, 2021 for residents of TX due to February winter storms.
Biden Administration Will Improve Regulatory Climate for Sustainable Investing
The rule from the Trump administration will not be enforced by the DOL.
Capturing the Renewable Energy Shift
As the impacts of climate change have become better understood, so too has the drive for more sustainable sources of energy around the globe.
The Unwinding of Pandemic Debt
“How will we pay for this?” is the global policymaker’s multitrillion-dollar effort to prop up economies and markets against the monumental threat of the COVID-19 pandemic.
RIAs Proved Their Worth During March 2020 Meltdown, Study Says
Last year’s swift bear market revealed that “clients working with RIAs tend to sell less and buy more” when markets tumble, according to a new academic paper.
Stock Value vs. Price: What’s the Difference?
To help investors understand the difference between a stock’s price versus its value, we highlight the following key distinctions.
What Is the Social Cost of Carbon?
According to legal scholar and Harvard University professor Cass Sunstein, the social cost of carbon (SCC) is “the most important number you’ve never heard of.”
Immigrants with Temporary Protected Status could be offered a path to U.S. citizenship
Immigrants who have time-limited permission to live and work in the United States under Temporary Protected Status (TPS) could be granted a pathway to citizenship.
Leaving Stock Through a Texas Estate Plan
Stocks can be gifted as part of an estate plan and benefit the inheritor if they appreciate in value.
Beware of Pandemic Scams
According to the Federal Trade Commission (FTC), consumers reported losing more than $3.3 billion to fraud in 2020, up from $1.8 billion in 2019.
Fidelity Charitable 2021 Giving Report
Extraordinary circumstances inspired extraordinary generosity in 2020, leading Fidelity Charitable donors to recommend 2 million grants totaling $9.1 billion.
Energy Ogre: The Storm's Aftermath
In the wake of Winter Storm Uri blackouts, our Texas clients may wish to consider outsourcing their energy contract procurement and management.
Protecting Money from a Child’s Divorce
Families with concerns about a child’s marriage are often interested in protecting money from a child’s divorce.
221 Years of Health and Wealth
Visualize the evolution of health and wealth factors in countries around the world.
There's Still Time to Contribute to an IRA for 2020
Even though tax filing season is well under way, there's still time to make a regular IRA contribution for 2020.
Market Week: February 22, 2021
The stock market was closed last Monday in honor of Presidents' Day. Equities were mixed on the first day of trading last Tuesday.
Stress Tests
System: a group of interacting or interrelated entities that form a unified whole.
Think Investing Is a Game? Stop.
If you’re not the type of person who feels comfortable betting your life savings on a long shot, the good news is that you don’t have to find the next big stock to win in the stock market.
The Buffett Indicator at All-Time Highs: Is This Cause for Concern?
The stock market capitalization-to-GDP ratio, now commonly known as the Buffett Indicator, compares the size of the stock market to that of the economy. A high ratio indicates an overvalued market—and as of February 11, 2021, the ratio has reached all-time highs.
Market Week: February 16, 2021
Increasing prospects that a massive fiscal stimulus bill is around the corner helped drive stocks to record highs last Monday.