CFO Capital Management - Thorne Daimler, Investment Advisor Representative

02/29/2024

Financial advice goes beyond just investing. Saving money where you can is also important. Pro tip: use Google Flights to find and track flight prices, then get alerts when prices drop. With three kids, this saves us a lot of money when booking trips. The Points Guy has a more in depth guide on how to use the tool.

Learn to search for discounts, deals and fare sales like a pro on Google Flights.

07/14/2022

Problem:
-An estimated $8.4 trillion* of domestic bank deposits are uninsured. If you have over $250,000 of cash at a single bank, you could be at risk.
-The average interest rate of domestic savings accounts is 0.07%*. What is your account currently paying?

Solution:
A federally insured cash program that obtains up to $25 million of insurance for individuals and $50 million of insurance for joint accounts. The APY will be 1.21% beginning 7/15/22. The account is easy to setup and has next day liquidity.

Next Step?
Ask my about how to access this cash program!

*Source: FDIC Q1 2022 Quarterly Report

03/10/2022

What I offer: a cup of coffee (or Zoom) and a second opinion.

When the markets turn as volatile and confusing as they have over the last two months, even the most patient investors may come to question the wisdom of the investment plan they've been following. Our practice has seen a lot of difficult markets come and go. We can certainly empathize with people who find the current environment worrisome. I'd like to help, if I can, and to that end, here is what I am offering:

15 to 30 minutes to chat about current events, your financial plan, and anything else on your mind. Schedule time by emailing ([email protected]), calling (203-856-8082) or using this link:

Schedule 30 minutes with me to talk about whatever is on your mind via a call, Zoom, or in person meeting

02/01/2022

https://www.linkedin.com/posts/thornedaimler_everyone-has-a-plan-until-they-get-punched-activity-6894315542677962753-38Jr

“Everyone has a plan, until they get punched in the mouth”- Mike Tyson January was volatile and ugly for markets, but had a strong final two trading days...

01/05/2022

Excited to share my 2022 Key Financial Data & Tax Facts sheet. With three major pieces of tax legislation passed within the last three years—and one more pending—we have more nuances, more inflation adjustments, more expiring tax breaks, and more rules to follow than ever before. Stay on top of the details with our annual compilation of the various tax rates, thresholds, limitations, and exemptions for the new year.

Excited to share my 2022 Key Financial Data & Tax Facts sheet. With three major pieces of tax legislation passed within the last three years—and one more...

12/16/2021

Looking for the perfect gift for a niece, nephew, grandchild or the kid who has everything? Give the gift of an education with a 529 plan.

This article discusses six main things to consider. If a 529 is something you have questions about, let me know!

Looking for the perfect gift for the kid who has everything? How about the gift of an education? Learn how to open a 529 plan as a Christmas gift today.

10/05/2021

On this Topic Tuesday I'd like to highlight my wife, Laura. She does a great job of taking care of our family on a day to day basis so I can focus on delivering great service and results for clients.

We just spent a long weekend in Napa for the wedding of a childhood friend. It was my pleasure to be her tour guide while enjoying wine tastings, great restaurants and even a few well deserved naps.

We are both reenergized and ready to take on the last quarter of 2021!

09/14/2021

Are you one of the record number of employees quitting their job to find a new one? If so, you should consider rolling over your 401(k) to a professionally managed traditional IRA. For a simple fee you can get 1) personal financial planning 2) custom portfolio management 3) access to more investment options 4) potentially better results.

Let's talk about what I can do for you. Schedule time to chat now:

A general meeting, call, or Zoom to discuss you and your situation.

09/13/2021

A friendly reminder: The deadline for third quarter estimated tax payments is this Wednesday, September 15th.

IR-2021-177, September 7, 2021 — The Internal Revenue Service reminds people that September 15, 2021, is the deadline for third quarter estimated tax payments.

08/10/2021

Join me for a free six-month trial to see how custom portfolio management and personalized financial planning can work for you.

Do you have a 401k from an old employer or an IRA you manage yourself? Let’s talk about investing those accounts in more fee efficient and potentially better performing ways.

To take advantage of this limited offer and learn more about my investment philosophy, send me a message or schedule an introduction call now: https://calendly.com/investingwiththorne/introduction-call

DISCLAIMERS: Investing involves risk, including risk of loss of investment. Management fees waived for the first two quarters for new clients who transfer in portfolios worth $250,000 or more. Financial and Investment Advisory services offered through CFO Capital Management [CFO-CM]. Brokerage and Custodial Services offered through TD Ameritrade Institutional [TDA], member FINRA and SIPC. CFO-CM and TDA are not affiliated.

A general meeting, call, or Zoom to discuss you and your situation.

07/16/2021

Do you have children under the age of 18? Here is what you need to know about the Child Tax Credit Payments in 2021:

"Important changes to the Child Tax Credit will help many families get advance payments of the credit starting this summer. The IRS will pay half the total credit amount in advance monthly payments beginning July 15. You will claim the other half when you file your 2021 income tax return. These changes apply to tax year 2021 only.

"To qualify for advance Child Tax Credit payments, you — and your spouse, if you filed a joint return — must have:
-Filed a 2019 or 2020 tax return and claimed the Child Tax Credit on the return; or
-Given us your information in 2020 to receive the Economic Impact Payment using the Non-Filers: Enter Payment Info Here tool; and
-A main home in the United States for more than half the year (the 50 states and the District of Columbia) or file a joint return with a spouse who has a main home in the United States for more than half the year; and
-A qualifying child who is under age 18 at the end of 2021 and who has a valid Social Security number; and
-Made less than certain income limits.

"We’ll use information you provided earlier to determine if you qualify and automatically enroll you for advance payments. You do not need to take any additional action to get advance payments."

Read more here:

Find details about the advance Child Tax Credit payments, including how to get them or stop getting them.