As the Owner of a Small Business, How Can You Reduce Your Taxes?

June 20, 2016

Alan J. Conner, CPFA President, NovaPoint Capital LLC aconner@novapointcapital.com For more information, visit our website: www.novapointcapital.com You may be wondering, “As the owner of a small business, how can I reduce my taxes?”  This is a recurring theme when working with both independent contractor professionals and business owners of all sizes.  Taxes can be a …

NovaPoint Capital Supports Veterans’ Charities

May 27, 2016

Alan J. Conner, President aconner@novapointcapital.com Joseph Sroka, CFA, CMT, Chief Investment Officer jsroka@novapointcapital.com NovaPoint Capital would like to show our respect and admiration for those who have paid the ultimate sacrifice in defense of our freedom.  In honor of their sacrifice, we are donating 100% of our revenue earned on May 27th to two veterans’ …

How to Double Your Money

May 24, 2016

People often ask us, “How long will it take to double my money?’You can find the answer with the rule of 72. Here’s how it works. Compounding interest is the interest you earn on a growing amount of money.) To find out how long it will take your money to double,take the number 72 and …

How to Allocate Assets Within Your Portfolio When You Retire

May 24, 2016

If you’re nearing retirement, you may need to consider asset allocation in a different way. Be aware that asset allocation cannot eliminate the risk of fluctuating prices and uncertain returns. When you were younger, you may have invested in stocks and mutual funds for the growth and perhaps the diversification offered. You had time on …

Chubb: Dividend Increase

May 19, 2016

Joseph Sroka, CFA, CMT Chief Investment Officer, NovaPoint Capital LLC jsroka@novapointcapital.com The Board of Directors of Chubb (ticker: CB) announced an increase in the quarterly dividend on the company’s common stock to $0.69 per share from $0.67, a 3.0% increase.  This is the 23rd consecutive year the company has raised its dividend. CB is one …

IBM: Big Blue Dividend

April 29, 2016

Joseph Sroka, CFA, CMT Chief Investment Officer, NovaPoint Capital LLC jsroka@novapointcapital.com The Board of Directors of IBM (ticker: IBM) announced an increase in the quarterly dividend on the company’s common stock to $1.40 per share from $1.30, a 7.7% increase.  This is the 16th consecutive year the company has raised its dividend. IBM is one …

Exxon Mobil: Dividend Energy

April 28, 2016

Joseph Sroka, CFA, CMT Chief Investment Officer, NovaPoint Capital LLC jsroka@novapointcapital.com The Board of Directors of Exxon Mobil (ticker: XOM) announced an increase in the quarterly dividend on the company’s common stock to $0.75 per share from $0.73, a 2.7% increase.  This is the 34th consecutive year the company has raised its dividend. Exxon Mobil …