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Dear Representatives & Senators, Thank you for passing the bill that will keep my taxes (and everyone else's) from going up next month. I am particularly happy because our firm is not paying out $100 million in bonuses this holiday season, so a tax break is better than nothing. We didn't pay out b...

The first rule of investing, the sine qua non, is to buy low and sell high. One might even refer to it as the "Golden Rule" of investing. The irony is that gold is priced very high. Moreover, on the few occasions I watch television, I see commercials selling gold. To me, this is a tell-tale sign...

Investors have noticed a steep decline in the prices of closed-end municipal bond funds lately. If you own such funds I strongly recommend that you determine whether your fund employs leverage. In a recently-more-volatile bond market, you may have some decisions to make. Many closed-end muni funds...

We're fortunate to be recognized as experts on the Rochester economy and local businesses. In today's D&C, George discusses VSCP, a Pittsford-based startup. From Channel 10 news, a George weighs in on Eastman Kodak and the recent and unusually high trading volume. Brighton Securities is a loca...

(This article contains the current opinions of the author but not necessarily those of Brighton Securities Corp. The author's opinions are subject to change without notice. This blog post is for informational purposes only. Forecasts, estimates, and certain information contained herein should...

We all have a one million dollar lifetime gift-tax exemption. This year you can gift $13,000 (or $26,000 if a joint gift with spouse) to any individual without having to reduce your million dollar exemption. If you want to gift more than $13,000, you can do so without tax liability although you wi...

So we have a deal. President Obama and Congressional Republicans have agreed to maintain the existing federal income tax structure while continuing to pay the unemployed to stay home. If they had done nothing, income tax rates would have risen sharply in January - just the thing to crimp investment...

2010 marked the unthinkable outlook of a euro-zone breakup. 2011 will determine whether the present euro has the momentum to overcome its flaws or completely collapse. If the euro does indeed breakup, Europe will be posed with two options: keep the euro, or ditch it completely. Many politician...

The markets have been anxiously awaiting this morning's release of US unemployment data, which came out 10 minutes ago. So what will traders do today, after a strong Dow rally - up 350 points over two days? The easiest thing is to sell, and the nervous lemmings of Wall Street will do just that. To...

Given the investment environment over the past several years, it is a pleasure for me to blog on the topic of tax-loss harvesting. Tax-loss harvesting is the process of realizing losses in order to offset realized gains. It is a pleasure to blog about because loss harvesting will be more difficult...