Mattson Financial Blog

Recent Posts

Don’t Sink in the Swamp!

If the market goes up, we’re happy. If the market goes down, we try to stay ahead of it by riding it out, investing more, or ignoring it. Our grandparents had a much easier time. Many worked for a company, received a pension and Social Security, and maybe bought some stocks that paid a dividend…. View Article

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My Best Friend

2020, without a doubt, was a very unusual year. It wasn’t unusual just because of COVID-19 or the election, but something very unusual that stemmed from our clients. One of our current clients gave us the name and contact information of someone else he knew, and I asked him why he was giving us this… View Article

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Do You Believe in Dragons? Or Santa Claus?

Right now, it’s looking likely that Vice President Biden will become the new president on Jan. 20, 2021. And with Democrats losing House seats and not gaining anything in the Senate, many people will be watching the Georgia runoff election in January with anticipation. It may determine the balance of power in the Senate. Personally,… View Article

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Is Your Money Prepared for the Future?

As I write this, I do not yet know who won the election. Our country may be in turmoil as the votes are counted — or we may know exactly who is going to live at 1600 Pennsylvania Avenue for the next four years. The important thing to understand is that it doesn’t really matter… View Article

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The Biden Win: What Could the Coming Months Look Like for Your Taxes?

It has been a year of many twists and turns. For the past couple of months, we have watched both President Donald Trump and presidential candidate Joe Biden prepare for the coming election. We watched as former Vice President Biden picked his running mate, which told us what path the Democratic Party is determined to… View Article

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Who Are TAMRA and TEFRA and Why Should I Care?

In the 1960s and into the early ‘70s, wealthy individuals would buy life insurance policies and throw a million dollars into it. Then, after they passed, the money from the policy would be paid out tax free. After the ‘70s, the government figured out this loophole that allowed the transfer of wealth without incurring any… View Article

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Now Where Do We Go?

You might be like my wife, Nancy, and I: You planned a dream trip, then COVID-19 took it away. As a result, you may have found more time to do things around the home, like starting that garden, painting that room, or cleaning the garage. You may have finally got that honey-do list done! Of… View Article

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