Pillar Capital Blog

Using sophisticated strategies built into the tax code to save from paying unnecessary taxes is not only legal - it's patriotic!

I remember as a child watching a movie titled "It's a Mad, Mad, Mad, Mad World". What is indelibly imprinted on my memory is not the characters or story line but rather how I felt while watching - out of control. It was contention and confusion and chaos - OH MY!

Markets continue to move onward and upward despite the heavy burdens of uncertainty in financial markets due to the Russian/Ukraine war, Israel vs. Middle East neighbors, and tariff uncertainty. Magnificent Seven stocks, which include Microsoft, Nvidia, Apple, Amazon, Meta, Alphabet and Tesla represent an astounding 35% of the S&P 500 – are largely responsible for gains in the index over the last 3 years.

It’s clear the traditional blueprint doesn’t offer the cushion it once did. That’s where thinking outside the box—and beyond the standard stocks and bonds portfolio—becomes more important.

Unfortunately, frauds are happening more frequently due to increased use of social media platforms and are getting more sophisticated and compelling with significant recent advances in fraudster experience, resources and AI technology.

Eventually, the national debt and deficit spending will be a problem that explodes either for us or for our kids unless it is addressed.