3/25/18
FEATURED:
Ask Annex: Who Makes Investment Decisions At Annex Wealth Management?
Every week, Annex Wealth Management will give you one thing you should do that may improve your financial well-being. We call it the “MoneyDo List.”This weeks’ “MoneyDo” is:
Charitable Alphabet Soup: If You’re Taking An RMD And Considering A Charitable Contribution, Learn About The QCD
Most people over 70½ years old know what their 2018 required minimum distribution (RMD) will be. Before you or someone you know starts taking that RMD, make sure to consider the new tax law that went into effect this year.
AXIOM + GRAPHIC = AXIOMAPHIC OF THE WEEK
How Dropbox’s Upcoming IPO Measures Up
Ahead of its initial public offering, Dropbox raised the price range for its IPO by $2 on Wednesday, indicating healthy demand for the company’s shares. The cloud storage firm will be listed on the Nasdaq on Friday in what will be the first major tech IPO of the year. At the current price range of $18 to $20, Dropbox could raise up to $720 million at a valuation of $7.8 to $8.7 billion.
Dropbox was an early market leader in cloud storage, enabling its users to store and share documents, photos and files online. Customers have uploaded more than 400 billion pieces of content to its servers to date, according to the company’s IPO filing. One of the company’s key challenges going forward will be to convert more of its 500+ million users into paying customers. As of now, roughly 11 million people pay for Dropbox’s service. The company lost $112 million on $1.11 billion in revenue last year.
The following chart shows how Dropbox’s upcoming IPO measures up against other high-profile tech IPOs of the past few years.
ANNEX EVENTS
We’ll Cover:
• Your retirement savings are at risk – Failure to manage taxes and higher costs can leave you with less
• If you rollover or distribute your 401k or IRA incorrectly, it can cost you
• Withdrawing too much too soon can be deadly to a portfolio
LEARN HOW TO:
• Understand your sustainable withdrawal rate
• Recognize important IRA milestones
March 29, 2018 | 6:00 pm – 7:30 pm
Butte des Morts Country Club
Complimentary Event | Reservation Required
April 10, 2018 | 6:00 pm – 7:30 pm
Annex Wealth Management Mequon Branch Office
Complimentary Event | Reservation Required
May 9, 2018 | 6:00 pm – 7:30 pm
Annex Wealth Management Lake Country Branch Office
Complimentary Event | Reservation Required
BEST OF OUR RADIO PROGRAMS
Know The Difference™ Minute: Are We Defying The Phillips Curve?
Many economists look at the Phillips Curve as a predictive source. The curve implies that when unemployment drops, inflation tends to rise. But currently, we haven’t seen that correlation. Annex Wealth Management’s Dave Spano takes a look.
Part 1: College Savings & 529 Plans
Part 1 of a discussion about 529 Plans, why parents and grandparents should consider them and the advantages of using them. Featuring Annex Wealth Management’s Deanne Phillips and Mark Oswald.
Part 2: College Savings & 529 Plans
Part 2 of a discussion about 529 Plans, why parents and grandparents should consider them and the advantages of using them. Featuring Annex Wealth Management’s Deanne Phillips and Mark Oswald.
Ask Annex
Treasures Of Italy with Dave Spano – October 20, 2018 to November 1, 2018
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