Using an Equity Collar to Manage Concentrated Risk
Posted by Beata Dragovics on Mon, 06/05/2017 - 15:53
Whenever owners of concentrated stock positions have obtained their shares at a cost well below the stock’s current fair market value, an equity collar may be the answer. Although the gain has yet to be realized, many shareholders wish to preserve the value of the shares without entering into a taxable liquidating transaction. To secure share value, the owner could simply purchase protective put options, but put premiums make this an expensive proposition.
Outright Sale of a Concentrated Stock Position
Posted by Beata Dragovics on Tue, 05/23/2017 - 15:16
Most owners of concentrated positions understand the risks inherent in continuing to hold their shares. A significant drop in the price of the issue has the potential to inflict irreparable harm on a portfolio. One guaranteed solution to the problem is to sell the stock, but many owners are wary of the tax implications of implementing this simple strategy and are therefore hesitant to take action. Sometimes, however, the simplest option produces the best result.
What Yoga Is Teaching Me About Financial Planning
Posted by Beata Dragovics on Fri, 05/12/2017 - 15:35
I started practicing yoga more than ten years ago and I can honestly say that it has changed my life for the better. It helped me deal with grief, launch my financial planning business, focus on what matters most, and has simply given me more energy in my every-day life.
Use Tax Season To Get Your Financial House In Order
Posted by Beata Dragovics on Mon, 03/06/2017 - 13:25
Whether you complete your own tax returns or hire an accountant, filing your taxes may not be one of your favorite activities. But filing your taxes does present a good opportunity to get your financial house in order. So, as you sit down to gather and organize your records this year, keep the following tips in mind:
Staying Financially Focused During Uncertain Times
Posted by Beata Dragovics on Mon, 01/30/2017 - 10:57
Uncertainty is not a new concept within the life sciences sector. Based on recent industry and market news, it is apparent that 2017 will not prove to be any different. While uncertainty can be disconcerting, especially when it comes to your career and your finances, it’s important to maintain perspective. If there is one constant within the financial markets, it is uncertainty.
5 Tips for Managing Your Year-End Finances
Posted by Beata Dragovics on Thu, 12/01/2016 - 10:41
With the holiday season shifting into full swing, finding the time to focus on your finances can be a challenge for many people. However, as the clock winds down on 2016, there are several important steps you may want to consider to help minimize this year’s tax bill. Scroll down for more details on actions you may want to take before year-end.
Don’t Ignore Benefits Enrollment Season
Posted by Beata Dragovics on Fri, 09/30/2016 - 15:09
Fall means open enrollment season—an opportunity to adjust your benefits elections prior to the start of the New Year. Yet surveys often reveal that many employees are not fully aware of all their employer-provided benefits and don’t take full advantage of them.
To ensure you are not missing out on valuable benefits, be sure to participate in your employer’s open enrollment period this year. This is your opportunity to sign up for benefits or adjust your current plans and coverage amounts. Here are a few important benefits to consider:
Time to Revisit Your Annual Financial Goals
Posted by Beata Dragovics on Fri, 09/30/2016 - 15:07
Before the busy holiday season arrives, I recommend taking some time to reexamine your finances. Here are five steps you can take to improve your financial picture before year-end.
Top 3 Financial Planning Tips for Life Science Professionals - When Change is in the Air
Posted by Beata Dragovics on Thu, 06/16/2016 - 15:43
In the past year, the demand for new talent within the life sciences sector has substantially increased due to industry advancements and various state-sponsored programs aimed at building and retaining the life sciences sector in Massachusetts. In this ever-changing environment top professionals are finding tremendous opportunities for career growth. Changing positions is commonplace within the industry and these changes can be made for personal growth, increased compensation or simply because the opportunity is too good to pass up.