Blog - North Light Financial Services

When Technology Interrupts Trading

When Technology Interrupts Trading Glitches, “flash crashes” & other disturbances are becoming too numerous. “Why is this happening?” Those words were undoubtedly spoken on Wall Street Thursday. Perhaps you uttered them, too. At 12:14pm EST, a glitch halted all trading on the NASDAQ for more than three hours. During that time, the New York Stock Exchange suspended trading in all NASDAQ securities and scratched orders; NASDAQ decided not to cancel any open [...]

By info@northlightfinancialservices.com|2017-03-28T08:17:28-04:00September 26th, 2013|Business/Economic News, Investing|Comments Off

Taxes and Charitable Giving

You don’t need to be wealthy to make an impact and get a win-win. Do you have to make a multimillion-dollar gift to a charity to receive immediate or future financial benefits? No. If you’re not yet a millionaire or simply a “millionaire next door,” yet want to give, consider the following options which may bring you immediate or future tax deductions. Partnership gifts. These gifts are made via long-term arrangements between donors and recipient charities or non-profits, usually with [...]

By info@northlightfinancialservices.com|2017-03-28T08:17:28-04:00September 18th, 2013|Charitable Giving, Estate Planning, Personal Finance|Comments Off

Implications of Rising Mortgage Rates

Implications of Rising Mortgage Rates Are they threatening the recovery? Or is their effect overstated? Between early May and mid-July, the average interest rate on the 30-year fixed-rate mortgage rose about 1%. Rates on 30-year FRMs have basically held steady since hitting a peak of 4.51% in Freddie Mac’s July 11 Primary Mortgage Market Survey – in the August 15 edition, they averaged 4.40% – but they could rise dramatically again.1,2 When mortgages become a bit costlier, things can get [...]

By info@northlightfinancialservices.com|2017-03-28T08:17:28-04:00September 5th, 2013|Business/Economic News, Personal Finance|Comments Off

How Much Health Care Reform Will We See By 2014?

How Much Health Care Reform Will We See By 2014? Can the federal government follow through on its ambitions? In 2014, we were supposed to see profound health care reform per the 2011 Affordable Care Act – but how much of that reform will roll out on time? The federal government has already conceded that it can’t enforce the employer mandate portion of the Affordable Care Act by 2014. On July 2, the Obama administration gave businesses with 50 or [...]

By info@northlightfinancialservices.com|2017-03-28T08:17:28-04:00August 22nd, 2013|Business/Economic News, Congress, Health Insurance|Comments Off

How Financial Planning Has Changed for Same-Sex Couples

How Financial Planning Has Changed for Same-Sex Couples Retirement & estate planning strategies are being greatly altered. When the Supreme Court affirmed the legality of same-sex marriage in June, its ruling profoundly altered the financial planning landscape for gay and lesbian couples resulting in some night and day differences. Yet in looking at the financial before and after, same-sex spouses and their advisors must also consider the when and where because the Supreme Court ruling only applies to [...]

By info@northlightfinancialservices.com|2017-03-28T08:17:29-04:00August 8th, 2013|Estate Planning, Personal Finance, Social Sercurity Planning, Uncategorized|Comments Off