Financial Focus: Is NY Ready for a New Federal Gov’t?

Yes, there has been much confusion regarding the congressional tax bill that has just passed. I even have a few clients that are still in denial that this is happening. “It’s not gonna pass Anthony. There are too many congressional disagreements,” says one of my clients (we will call them “Mark”). “‘But Mark,’ I said, ‘I think it’s clear that tax rates will be adjusted and your tax life has to adjust with it. Or you won’t like your tax bite or refund next year.’” “Thanks Anthony, but I’ll keep it the way it is.” Now, my bigger worry is


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The Latest Edition of the Norwood News is Out!

The 23rd edition of the Norwood News, covering the Norwood section of the Bronx, is out. We begin with page one and the worst landlords in Norwood. Public Advocate Letitia James released the annual list of 100 worst landlords in New York City and Narsinh Desai came in at number 70, making him the worst landlord in Norwood. This edition also features the Kingsbridge National Ice Center, for which a state loan has been approved, a crime file about a wanted serial robber who has attacked at least eight women in Norwood and surrounding neighborhoods, and a movement by Community


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Financial Focus: Ready for Bitcoin?

I am humbled enough for the last seven years of my life to apply my 26 years of experience as a financial advisor, now to students, in the public educational and university system. A very interesting discussion happened recently in one of my classes, where the average age is 34. “So, bitcoin is now better currency than the US Dollar. Do you see how much it has gone up in the last year? My local brokerage company says I can buy some from them today and I’m thinking about it! Don’t you agree Prof. Rivieccio?” Bang! That truly was a


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Op-Ed: Keeping Holiday Cheer for Family Caregivers

Family caregiving can take many forms—from parenting a child with special needs who requires around-the-clock supervision, to caring long-distance for an elderly parent who is alone in the apartment they’ve spent their life living in. According to the Caregiver Action Network (CAN), there are “over 90 million Americans who care for loved ones with chronic conditions, disabilities, disease, or the frailties of old age.” Undeniably this role is deeply rooted in love, and caregivers are happy to help their family members who need it. Still, it is important that family caregivers also acknowledge the added demands caretaking can bring. The holiday


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Financial Focus: Trump Says He Caused 25% Growth in Your 401(k)

It’s amazing! The same people who march​ in the streets against our President could be the ones benefiting the most if they have a 401(k) plan invested in stocks at their job. Since the election, the market has grown, year over year,  25 percent, the through biggest since 1936, according to a recent Goldman Sachs report. The highest, year over year, at 38 percent, came during the presidency of Ronald Reagan, followed by Bill Clinton at 30 percent and John F. Kennedy at 27 percent. What did Ronald, John and now Donald have in common? They believed in supply-side economics.


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Latest Edition of the Norwood News is Out!

Dear Fellow Readers, The 22nd edition of the Norwood News , covering the Norwood section of the Bronx and its surrounding neighborhoods, is out! You can find them at 300 locations across the borough. We begin, of course, with page one and the election of now Councilman-elect Mark Gjonaj. Gjonaj, the Democratic nominee in the race for the 13th Council District, won his seat after spending $1 million. That number is significant since Council races ever get to that threshold. Find out who are some possible contenders for the soon-to-be vacant Assembly seat covering Norwood. Other inside the cover stories include Bronx


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Editorial: Who Will You Hire This Election Year?

Nov. 7 will be the day you exercise your right to vote. In the Bronx there are 11 contests (not counting citywide), most of which have already been won, thanks to the power the September primary has on the Bronx. The general election simply formalizes those victories. The race for Mayor is largely along the same line. In the August 31-September 13 edition of the Norwood News, we wrote that the incumbent, Mayor Bill de Blasio, is likely going to win the general election namely since the two challengers, Republican Assemblywoman Nicole Malliotakis, and Independent Richard “Bo” Dietl, carry very


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Financial Focus: Kingsbridge Armory Is a State 140% Profit

Let me first get my conflict of interest out of the way. As a former U.S. Navy man, I was honored to take part in “reserve duty” in the Kingsbridge Armory in the late 1970s and even more excited, taking part in spending my money at the Armory watching many closed circuit boxing fights in the 1980s back before pay-per-view was in vogue. I also protested for the city to bring “schools to the Armory” after it closed in 1997, after it was re-purposed into a women’s homeless shelter that was so bad it had closed. And 20 years later,


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Inquiring Photographer: Fall Foliage in the Bronx

This week we asked readers the best locations to enjoy the fall foliage in the Bronx and beyond. I would say by the Bronx Zoo. I also know they have a spot in Yonkers, but I’m not sure of the exact location. Also going towards Throggs Neck in some spots; there are some really nice spots along Pelham Parkway; going towards City Island is really nice. This time last year there was ice on the ground, so we get to embrace the surroundings and get to smell the trees a little bit longer and enjoy Mother Nature. Ronald McDaniel, Throggs Neck


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