BUZ LIVINGSTON: Be careful what you wish for

Published: Sunday, November 11, 2012 at 10:08 AM.

Solving the fiscal cliff dilemma is as difficult as beating Alabama; neither is impossible though. 

 

Clarification:

Leonard Hortick, who runs Lion Properties LLC in Colorado, responded to last week’s column assuring me his firm’s (and his capital) is at risk. He attached a column pointing out how real estate is different from hedge funds and his fund qualifies for favorable capital gains tax rates.  Decades ago, an Auburn grad/banker told me as we watched two bird dogs hunt quail (not pen-raised birds), nothing is more dangerous than raw land, a prescient observation. 

Buz Livingston,CFP, is a fee-only certified financial planner. He operates Livingston Financial Planning Inc. focusing on hourly financial planning and investment management. Contact him directly at 850-267-1068 or at buz@LivingstonFinancial.net.

 

 



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