May is National Physical Fitness and Sports Month. This “month” is designed to encourage people to follow a healthy, active lifestyle. You can take steps toward this goal, of course, but why not carry the concept of improving health to other areas of your life — such as your investments?
Toward that end, consider these suggestions:
Each year, more than one third of all the salmon caught in Alaska begin their lives in a hatchery.
There are 31 hatchery facilities in Alaska: 15 privately owned, 11 state-owned, two federal research facilities, one tribal hatchery at Metlakatla and two state-owned sport fish hatcheries.
Alaska’s hatchery program is very different from fish farming, where salmon are crammed tightly into net pens until they’re ready for market. All salmon born in Alaska’s hatcheries come from wild brood stock, and are released as fingerlings to the sea. When those fish return home, they make a huge contribution to the catch.
April 24 has been designated Tax Freedom Day for 2015. Tax Freedom Day, calculated by the Tax Foundation, is the day when the nation as a whole has earned enough money to pay off its total tax bill for the year. So it may be a good time to review your own situation to determine if you can “free” yourself from some investment-related taxes in the future.
Of course, Tax Freedom Day is something of a fiction, in practical terms, because most people pay their taxes throughout the year via payroll deductions. Also, you may not mind paying your share of taxes because your tax dollars are used in a variety of ways — such as law enforcement, food safety, road maintenance, public education and so on — that, taken together, have a big impact on the quality of life in this country. Nonetheless, you may well want to look for ways to reduce those taxes associated with your investments, leaving you more money available to meet your important goals, such as a comfortable retirement.
A mile-long string of 29 sablefish pots was lost last month in Prince William Sound after being run over by tugs towing barges at Knight Island Passage.
“It appears that some tug boats passed back and forth across where the gear was set, and now we have no idea where it is,” said Maria Wessel, a groundfish biologist at the Alaska Department of Fish and Game office at Cordova.
The pots are part of an ongoing tagging study started in 2011 to track the movement of the Sound’s sablefish stock. It was intended to be the third test run for the project.
Caribou instead of corn dogs; salmon instead of Trout Treasures; seal meat in place of spaghetti; all could soon be available to more Alaskans if traction continues on a new bipartisan bill before the Alaska Legislature.
The bill — HB 179 — allows schools, senior centers, hospitals, child care centers and other facilities to accept and serve fish, game, plants and eggs that are donated by subsistence and sport users.
Next week, we observe the 45th anniversary of Earth Day. Since its inception in 1970, Earth Day has inspired millions of people to take action to improve the environment. But the lessons of environmentalism can also be applied to other areas of life — such as investing. Specifically, as an investor, you may well want to follow the “three Rs”: reduce, reuse and recycle.
Let’s see how these environmental themes can be applied to your investment habits:
For the past few years, the stock market has moved up fairly steadily, with no major “corrections.” But thus far in 2015, we’ve already seen periods of volatility — enough, in fact, to make some investors jittery. Nervous investors may be more prone to make decisions based on short-term market movements — so how can you stay calm?
First of all, when evaluating your investment decisions, stay focused on those factors that have historically driven stock prices. The U.S. economy is growing at a reasonably good pace, and corporate earnings remain fairly strong. Plus, stocks may not be as undervalued as they were a few years ago — as measured by the price-to-earnings ratio — but they still aren’t overly expensive, either.
File this fish story under the “can there be too much of a good thing?” category.
Alaska is expecting another bumper run of salmon this year — state managers announced last Friday a projected total catch of 221 million salmon, 39 percent higher than last year. (Numbers for Chinook salmon are still being calculated.)
Regional catch projections for this summer are up across the board, according to Runs and Harvest Projections for Alaska’s 2015 Salmon Fisheries and Review of the 2014 season by the AK Dept. of Fish and Game.
It’s unfortunate but true: the elderly population is targeted for financial abuse or exploitation. In fact, by some estimates, this type of targeted abuse results in billions of dollars in losses each year. If you have elderly parents, what signs should you watch for to determine their vulnerability? And what can you do to help protect your parents from being victimized?
You might not think that 70 1/2 represents any particular milestone. But when you do reach this age, you will have to make some decisions that affect an important aspect of your life — your retirement income.
Here’s the background: Once you turn 70 1/2, you will need to start taking withdrawals from your 401(k) or similar employer-sponsored retirement plan and from your traditional IRA (but not your Roth IRA).
Actually, you will need to begin these withdrawals — known as “required minimum distributions” — by April 1 of the following year and continue taking them by Dec. 31 each year after that.