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A 529 ABLE account (or 529 A Savings Plan) was created by the Achieving a Better Life Experience (ABLE) Act of 2014 to provide Americans with disabilities the opportunity to save up to $15,000 (2019 limit) per year in a tax-deferred account similar to a 529 college savings plan to supplement their government benefits. Contributions may be made by any person using post-tax dollars. If the beneficiary works, the beneficiary can also contribute part or all of their income to their ABLE account up to the poverty-line amount for a one-person household (which was $12,490 for 2019) unless their employer…

One of the most dangerous delusions being pumped and disseminated by Wall Street today is that the economy and stock market can and should continue to thrive indefinitely without interruption. Wall Street is notoriously perma-bullish based on its business model being dependent on steady investment inflows, so for those paying attention, it’s no surprise why its foot soldiers don’t express opinions through the financial media or otherwise that are counter to this perpetually rosy view. More recently, and it’s been increasing in intensity over the last couple decades at least, the Federal Reserve has taken it upon themselves to attempt…

As we’ve discussed with clients for a couple years now, the outlook for precious metals has been steadily improving. From a price or relative value standpoint, they’ve seldom been cheaper relative to financial assets and as we’ve stressed, long-term investment performance is all about the price we pay for something. From a fundamental standpoint, the potential for precious metals to provide investors, governments, and the global populace in general with peace of mind and a reasonably stable store of value has probably never been better. Here’s why, as we touched on above: Central banks are ten years into an economic…