Growing up in Florida for most of my life, I’ve lived through some scary hurricanes over the years. My family referred to them back then as “HER’ a-cans” but these days we can also call them “HIM’a-cans” since we also use the male gender for named storms. Knowing what we Floridians experienced in 2016 with Hurricane Matthew and last year with Hurricane Irma, it was a wake- up call that we should take hurricane season seriously. June 1 is the official start of the Atlantic Hurricane Season. Florida's 10-year hurricane-free streak was broken as Hurricane Hermine made landfall in 2016 near the coast of St. Marks. Not long after, Hurricane Matthew made landfall over Haiti as a Category 4 hurricane, soon taking a three-day jaunt up Florida's east coast and into Georgia and the Carolinas, causing damage that according to the State’s Chief Financial Officer, Jeff Atwater, “exceeded $729 million generated by 112,000 insurance claims. In total, Floridians last year filed nearly 130,000 insurance claims totaling roughly $800 million in losses. The question now is: If a storm were to reach Florida's shores next week, would you be prepared?”
Those of us having lived through numerous hurricanes over the years as native Floridians, we still never know what to expect. According to Wikimedia, dating back to 1851, there has never been a direct hit on the east coast of Central Florida. Even including our recent Matthew that skirted the east coast but never made landfall here in our region. They’ve always hit us from the west or south west coast coming across the state. Nevertheless, regardless of their origin, it’s a scary feeling as far as the unknown impact and severity of the rain and winds. We’re thankful it was not worse and we feel badly for other regions like the Carolinas that were slammed with the direct hit and major flooding afterwards.
Though tax policies haven't received top billing in this year's presidential election dialogue, they're still part of the conversation. Here's a quick review of each candidate's tax proposals based on information released by their campaigns. Keep in mind that regardless of who wins in November, any changes to tax policy would require congressional action.
In the history of these United States, I believe there has never been a more a fundamental pivotal juncture of opposing future paths. Never before has there been such a clear delineation of ideals, such divergent world views. On the one hand, we can choose the path of more government intrusion into our lives, jeopardizing the freedoms we have enjoyed over the last 240 years. That side has government officials wanting to tell us how and what we need to think, whose tax and spend policies are recklessly borrowing from successive generations. This leads to dependency on a make-believe benevolent government with ballooning national debt, plunging us into a nation of entitled whiners with both hands out, obstructing self-initiative. It views those most productive, job producing entrepreneurs as owing the less productive members of society by means of “wealth re-distribution.” It aspires to transfer the power from the individual to the collective “all- knowing” government. It’s afraid to lead though because it might infringe upon the politically correct and might get ahead of public opinion which could be in conflict with its next run for office.
The news on this geo-political event called Brexit is flooding the airwaves by the media fanning the flames and feeding the fear frenzy. In deciphering all the of the hype, here’s a few key points that should help us keep a calm perspective on the events that have unfolded and what we might expect.
25 Years is a quarter of century and the opportunity for Fleishel Financial Associates and our clients to celebrate an important anniversary milestone. In 1989, I was launched as a fresh graduate from the Stetson University MBA program. Well, being the perpetual optimist, without a single contact or client, I was too naive to know the odds were stacked against me to build a successful wealth management practice especially in a smaller community like Deland. I remember getting a small business loan to get started on nothing much more than a promise from a very trusting bank president who took a chance on me.
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