Estate planning is not just about drafting a will or creating a trust; it’s about preserving your wealth and legacy for generations. The process can be highly complex, requiring professional oversight, meticulous planning, and management. Hiring an asset management company like Diamant Asset Management, based in Ridgefield, CT, ensures that your estate is expertly managed, […]

By: Herbert Diamant Recently the must-see business news entertainment shows clearly improved their ratings with headlines like “Stock Market Crash” and “Dow Jones Industrial Average index (DJIA) down over 1,000 points”.  The only problem was there was no market crash.  Furthermore, the headline “Biggest one day drop since 2022” suggests that the writer has almost […]

By: Sheila Morgan Ever since the New York Stock Exchange started trading in 1792, market timing continues to be a very arduous and volatile way to achieve stable returns on an ongoing basis, depending on the news catalyst of the day. This unpredictable way of investing in the market often leads investors to heightened emotions […]

By: Herbert Diamant Paying taxes is supposed to make us feel good about supporting the needs of the United States. We get taxed as we earn a living, and again as we earn a return on our investments. We are taxed on the salary withheld for social security and are taxed a second time on […]

By: Herbert Diamant IRAs are no longer tax-efficient, multigenerational, wealth creators. Back in 1981, IRAs became a terrific way to promote retirement savings for individuals. Americans began making tax deductible contributions while working, with distributions that would be taxable in retirement years. A key provision was that beneficiaries, including our children, could inherit our IRAs […]

By: Sheila Morgan Legendary investor Warren Buffett once stated, “I never know what markets are going to do… they are going to go up and down…but in terms of what’s going to happen in a day or a week or a year even, I never felt that I knew it and I never felt that […]