Bernhardt Wealth Management is an investment advisory firm that helps you make informed decisions about your money. Gordon Bernhardt and our team of professionals understand the particular needs of high-net-worth individuals and families.
“Suppose that you were an idiot, and suppose that you were a member of Congress … but I repeat myself.” This snarky quote from Mark Twain captures how many Americans feel about our national legislative body, especially given its seeming inability to get beyond partisan bickering and actually pass laws that are good for our country.
When business owners start a new venture or seek out funding, they always create a detailed business plan first. But chances are, most parents have never once thought about creating a similar type of plan for their most important asset: their families.
Most of us assume that the Internal Revenue Service rarely does us any favors, and that assumption is accurate, most of the time. However, the IRS does, on occasion, forego its “tithe” from funds that would otherwise be subject to either taxation or even an added penalty.
You’ve no doubt heard the expression, “Hindsight is 20/20.” But, according to extensive research by psychologist and researcher Philip Tetlock, that may not be the case, especially with highly educated, intelligent, and well-informed experts (yes, you read that correctly).
Once again, IPO fever is sweeping the tech sector. In May 2012, everyone was talking about Facebook’s initial public offering, which raised more than $16 billion and instantly made founder Mark Zuckerberg one of the world’s wealthiest people.