Check out finance journalist Gina LaGuardia’s article, “Co-Signing For Your Kids: Do You, or Don’t You?” with a quote from ACap Asset Management founder and president, Ara Oghoorian. http://bit.ly/1QlTw7r
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Keep Calm and Buy Stocks
Some of you may be alarmed by news of the down market, but it’s time to take a breath and not panic. So what is going on? The Dow Jones Industrial Average (Dow) is officially in a correction, which is defined as a 10 percent decline from its peak. You may recall from our meetings and…
Reminder: Check Your Credit Report
We at ACap encourage all of our clients to check their credit reports annually in order to identify any potential problems or even identity theft. The nationwide credit reporting companies (Equifax, Experian, and TransUnion) are required by The Fair Credit Reporting Act to provide you with a FREE copy of your credit report once every…
My mother wants to gift me money. How much can I receive tax free?
by Matthew Crisafulli This post was the answer to a question originally posted on nerdwallet.com. Short answer: $14,000/year and no gift tax return would be required. The “total gift” depends on a lot of factors, such as the decisions of congress and prior gifts your mom may have made. Long answer: Technically she can give you any…
Form ADV
ACap Asset Management, Inc. Form ADV If you would like a copy of the ACap Asset Management, Inc. form ADV please submit your request to info@acapam.com or call our office at 818.272.8511.
There’s Still Time to Contribute to an IRA
Despite what the calendar shows, 2014 is not over yet. Whether you have a Roth, Traditional, or SEP IRA, you still have time make a contribution count towards 2014. In order to capitalize on a 2014 contribution, you must open an account (if you don’t already have one) and make a contribution before the April…
