• Weekly Economic Update – February 12, 2018

    Posted on February 12, 2018

    WALL STREET SEES ITS FIRST CORRECTION SINCE 2016 On Friday, the S&P 500 settled at 2,619.55, down 5.16% for the week. Thursday, it entered correction territory just nine days after its January 26 record close. The Dow Jones Industrial Average made even bigger headlines last week by taking two 1,000-point drops within four days, the second occurring Thursday.1,2 Last Monday,

  • TrueWealth Named a 2018 Top 10 Financial Advisor in Atlanta by AdvisoryHQ

    Posted on February 9, 2018

    ATLANTA (February 9, 2018) – For the third year in a row, AdvisoryHQ ranks TrueWealth, LLC among the “10 Best Financial Advisors & Planners in Atlanta, GA”.  AdvisoryHQ is an independent rating agency that conducts extensive research to review and rank financial advisors. AdvisoryHQ uses a four-step methodology to evaluate firms focusing on extraordinary service offerings and key differentiators. In

  • The IRS and Georgia Department of Revenue Alert: New Phishing Scam

    Posted on February 7, 2018

    ATLANTA (February 7, 2018) – The Georgia Department of Revenue is passing on an alert from the Internal Revenue Service (IRS) urging tax professionals to step up security and beware of phishing emails that secretly download malicious software that can steal client data. The IRS has identified a new scam that began with cyber criminals stealing data from several tax practitioners’

  • Weekly Economic Update – February 5, 2018

    Posted on February 5, 2018

    WAGE GROWTH PICKS UP AT LAST In January, average hourly pay was 2.9% higher than it was a year earlier. That was the key takeaway from the Department of Labor’s latest jobs report, which noted the addition of 200,000 net new workers last month. In January, the headline unemployment rate stayed at 4.1%; the broader U-6 rate, which counts the

  • Sharpen Your Pencils – The New Tax Code and Tax Planning

    Posted on January 31, 2018

    By Michael Maiorano, CFP®, CPA/PFS “Don’t tax you, don’t tax me, tax that fellow behind the tree,” quipped Senator Russell Long, who chaired the powerful Senate Finance Committee from 1966 to 1981. It’s a timeless sentiment when it comes to tax reform debates in Washington. Late last year, just after Halloween, House Republicans introduced their version of tax reform and very

  • Kristin Pugh Brings TrueWealth Excellence to CFP Board

    Posted on January 30, 2018

    ATLANTA (January 30, 2018) – TrueWealth’s Kristin Pugh recently traveled to Washington D.C. at the request of the Certified Financial Planner Board of Standards to review their upcoming March Exam. This was part of a rigorous process that brings together Certified Financial Planner (CFP®) Practitioners in groups of 5 or 6 to assess each of the three forms of the exam

  • Weekly Economic Update – January 29, 2018

    Posted on January 29, 2018

    THE ECONOMY EXPANDED 2.6% IN Q4 The Department of Commerce’s first estimate of fourth-quarter gross domestic product was 0.6% below the Q3 number, but still well above the 2.1% rate the nation has averaged in the recovery from the Great Recession. America saw 2.3% economic growth in 2017, according to the report.1 HOME SALES RETREATED DURING THE HOLIDAYS Winter chill

  • Weekly Economic Update – January 22, 2018

    Posted on January 22, 2018

    CONSUMER SENTIMENT READING COOLS The initial January University of Michigan consumer sentiment index came in at 94.4 last week, 1.5 points beneath its final reading of 2017 and 4.1 points under its level of one year ago. Without prompting, 34% of respondents to the latest UMich survey brought up the subject of the recent federal tax reforms; 70% of them

  • TrueWealth’s 4th Quarter & 2017 Year-End Commentary

    Posted on January 19, 2018

    TrueWealth’s 4th Quarter & 2017 Year-End Commentary I know, I know.  We already sent a brief year-end commentary two weeks ago, but without some of the detail we normally include, so here it is, with both Q4 and full-year market stats.  With this, you have 28 pages of mind-numbing data to peruse. Enjoy. For those of us who read the

  • TrueWealth’s Q4 and Annual 2017 Market Review

    Posted on January 18, 2018

    This report features world capital market performance and a timeline of events for the last quarter. It begins with a global overview, then features the returns of stock and bond asset classes in the US and international markets. This report also illustrates the performance of globally diversified portfolios and features a topic of the quarter and year. Full Report: TrueWealth