4 Key Estate Planning Documents Everyone Should Consider

Do you have the four? No matter your age, health or wealth, most people should have these 4 documents. IMPORTANT DISCLOSURES Dightman Capital does not provide tax or legal recommendations. The information presented here is not specific to any individual’s personal circumstances. To the extent that this material concerns tax matters, it is not intended or written […]

Reaching Retirement: Now What?

The decision of when and how to tap your Social Security benefits can be complicated. You might want to review your options long before your planned retirement date to be sure you fully understand the pros and cons of each. You’ve worked hard your whole life anticipating the day you could finally retire. Well, that […]

Cryptocurrency Resources & Tools

I have received a lot of inquiries about Bitcoin and other “cryptocurrencies” recently.  As a finance related subject, I believe it is important to help individuals educate themselves so I offer the following learning resources. I am not acting as an investment adviser in ANY capacity regarding information in this communication about  cryptocurrencies (CC).  As a […]

Crazy Stock Valuations – Maybe Not

Stocks have been in rally mode with the prospects of fiscal policy aimed at generating stronger and more consistent U.S. economic growth, especially corporate tax cuts.  This rally comes as corporate earnings are trying to recover from a contraction phases started over two years ago.  Earnings have improved in Q4 but there’s worry stocks are […]

Pro Forma & Reported Earnings Spread

The Wall Street Journal recently published an article suggesting earnings are far worse than reported based on a widening gap between Pro Forma and Reported (GAAP) earnings.  Pro Forma earnings exclude certain items like restructuring charges and stock based compensation and shows U.S. companies earning 0.4% more in 2015 then 2014 – the weakest growth […]

How Real are Current S&P 500 Earnings?

Aggregate corporate earnings are the primary driver of stock market valuations and are communicated as “Reported Earnings” based on GAAP (generally accepted accounting principles) and “Pro-Forma” which exclude certain on-time or extraordinary items.  The problem is corporations are reporting these “special, one-time” items excluded from pro-forma earnings quarter after quarter leaving investors with an unclear picture […]