Some programs will try to generate their own in-come, but there is no way to know how successful those efforts will be. Despite an infusion of funds and personnel, the State Bar's discipline system is still struggling to resume full operations. As 1999 draws to a close, you might be wondering what last-minute steps to take to reduce your tax liability come April 15. It's not too late to start making some intelligent investments, get or invest in some tax credits and consider thoughtful retirement planning. Take an inventory of your assets and debts and what you are invested in and how you hold title to your assets.
Most people spend more time planning their vacation than they do reviewing their investments.
The vast majority of portfolios I see when I meet with new clients have inappropriate or unsuitable investments. Some investors have money with several different mutual funds instead of keeping it with one big fund family, often resulting in higher broker commissions instead of price breaks for larger investments.