February 19th, 2014
Shares of Tesla surged on Tuesday as investors speculated on a merger between Tesla and Apple after Tesla CEO Elon Musk was rumored to be meeting with Apple’s head of mergers and acquisitions team, Adrian Perica, this according to the Los Angeles Times.
The move marked the first time the Tesla closed at more that $200 per share. To view the entire story CLICK HERE.
Sagent|Wealth Managment provides personalized Financial Planning and Investment Advice to discerning investors like you. Visit us at www.Sagentwm.com or call today 949-756-2242.
February 19th, 2014
Today, the Los Angeles Times reports that the State of California is poised to experience a steady pace of recover in the next two years in the area of job growth. This according to the Los Angeles County Economic Development Corporation.
Orange County is leading the charge followed by Los Angeles County and the Inland Empire.
International trade at the ports of Los Angeles and Long Beach, the two busiest container ports in the country, should also expand this year. Collectively these are positive signs and further confirmation that the recovery is on track. To view the entire article from the Los Angeles Times CLICK HERE.
Sagent|Wealth Management provides personalized Financial Planning and Investment Advice to discerning investors like you. Visit us at www.Sagentwm.com or call today 949-756-2242.
December 17th, 2013
These days we hear a lot about Federal Reserve stimulus and the hazards that come with it, not the least of which is inflation. Well, according to recent data, it turns out that inflation is not rising and in fact is falling. With the Fed buying back $85 billion per month in mortgage backed securities and bonds, how can this be? Today’s news segment on NPR’s Morning Edition tries to explain. To listen CLICK HERE
December 16th, 2013
Buried in an article about the House Ways and Means Committee Chairman Dave Camp postponing and extenders bill was some very interesting information about another bill that he is working on. One that would reduce the maximum income tax rate to 25% but also do away with or eliminate mortgage interest deductions–sacred to most homeowners as well as the 1031 tax code that allows real estate investors to put off the capital gains tax on the sale of real estate.
Whether these changes become law or not is an open questions but the fact that these changes are even being considered speaks volumes about the possible scope of changes that will be necessary to reduce our nations debt.
To read the Los Angeles Times article in its entirety CLICK HERE.