An Introduction

Hi. Welcome to BourGroup and my blog. Phil

Phil Bour is a CERTIFIED FINANCIAL PLANNER(tm) professional since 2004, a Magna Cum Laude college graduate and an accounting professional for over 35+ years. I love numbers, statistics and economic history.

I am also an Enrolled Agent (EA) to represent taxpayers before the Internal Revenue Service and to prepare tax returns.

"Phil"osophy: I believe that you can manage your money on your own (not necessarily through individual stock selection but through mutual funds, ETF's and other solutions) once you receive some one-time, professional guidance. Why pay annual fees when there may be little added value? For additional information, first read the "An Introduction" label at the left. Then move on to others.

Tuesday, February 18, 2014

TIPS

TIPS - Treasury Inflation-Protected Securities, generate income tax each year based on the additions to principal. The potential problem is that that income is taxed but not paid to you until the end of the term when the bond matures.

TIPS bond funds have no maturity date.

TIPS should be held in a tax-free ROTH IRA or a tax-deferred retirement account.