“There is a difference between giving directions and giving direction”
Although time is a continuum, most of us take the changing of the year as a time to reflect and embark upon a new and hopefully better direction. The best we can do is look at the current market, look for the opportunities presented, and what potential pitfalls to avoid.
While I think we all agree there are plenty of unknowns, there are a few things we need to keep in mind…
Inflation will continue to have a widespread impact if there are no sweeping reforms to combat it. It must be looked at in all our decision-making, from the cost of goods and services to the supply change issues that seem ever present.
CETA has been stockpiling the materials we need to manufacture our equipment for over a year to combat these issues. We have seen the price increase on our equipment and expect the price of labor to go up as well.
Hopefully, the forward thinking of CETA to stockpile materials will help keep costs in check and allow us to not have manufacturing issues due to lack of supplies. CETAs forward thinking is one of many reasons I like this company.
The cost of money. Interest rates, fewer originations, cost of labor will contribute to the cost of funds amongst other market pressures. Having leverage through CETA provides an advantage by using private money versus institutional to keep interest rates and terms favorable.
Taxes. While we have the feel-good of the marginal tax rates remaining the same, we have already seen a plethora of new taxes and tax hikes over the past year. Like inflation, we can expect to see more of the same as each affects the other.
Our current laws allow for leveraged bonus depreciation where we receive 200% of our investment. This tax advantage will not last forever.
Freedom Impact Consulting is here to bring you the best tax-savings investments to help you achieve the financial freedom you deserve. Start the new year by planning your next investment strategy, check out our portfolio, and sign up for priority access to the funds that may work for you.
We look forward to providing opportunities to maximize your investments by stacking multiple tax efficient strategies to protect and preserve your wealth.
Happy New Year!