The CHP Blog
Rate Decisions, Elections, & Regulatory Capture
While it is unusual that I put out an update video early in the week, it became increasingly clear that expectation setting ahead of the next few weeks is necessary. Since the start of the year, I have alluded to the significance of the third quarter this year. I have proposed on numerous occasions, the weight of the evidence suggested that weakness would likely surface in markets as we entered late August through November. Not only is this proving to be true, but we are also receiving several new signals shining even more light on what we can expect ahead.
Trump Accounts
With Section 530A Trump Accounts launching on July 4th, we want to provide you with essential information regarding eligibility, rules, tax treatment and some lesser known details about these new savings accounts for minors. These accounts may not be exactly what you think and may be less beneficial (or even harmful) for your kid's future. But don't worry, there are many superior alternatives for saving for your child's financial future.