401k rollover

Rules for Setting Up That IRA Account

We currently may not been able to go to a local restaurant for that cold beer or pound the weights at the gym but one thing that you can still do is make an IRA contribution!  As January has quickly passed during these stay at home Covid days, it’s not too late to reduce your

Sitting on That Concentrated Stock Position?

Sitting on that concentrated stock position? Here at Sustainvest, we occasionally come across clients who are sitting on a large holding of a stock.  Simply stated, a concentrated stock position is if you hold more than 10% of your investment portfolio in one stock.  And this means stock, like Apple or Google or Zynga (remember

Uncle Sam is Coming Knocking: Year End Tax Tips for 2015

Uncle Sam will soon have his hand out. Year-end is a great time to give your portfolio a checkup. Consider these tax-smart strategies to help boost your after-tax returns. Harvest losses. No one likes a losing investment but at tax time, they can be blessings in disguise. You can use capital losses to offset taxable

Big Endowments are Divesting. Are You?

The divestment train has left the station. It’s hard to pass a headline that doesn’t include the words ‘divestment’ and ‘foundation’ in the same sentence these days. And rightfully so: As technology and innovation in renewables start to take hold, the good old boys at the coal mining and fossil fuel companies are starting to

Your Advisor May be Double-Dipping You

It is amazing to us. We run across client investment portfolio statements and there it is smack in your face-a Morgan Stanley account with all of the holdings in Morgan Stanley mutual funds! The next day, we see it again. An Ameriprise client with a 35% position in one Ameriprise mutual fund!?! Ever seen the

Resolution 2014: To Healthy-Up My Investment Portfolio

As we enter 2014, many of us are now pondering a new year’s resolution.  Some of us may improve our diets by eating more of that organic rainbow chard or scrumptious kale while others may consider getting up a little earlier to sweat it out at that 6:00am bootcamp or crossfit class.  One resolution that