Technology Capital Expenditures in the Chips

A recent article in the Wall Street Journal showed that the tech giant Samsung spent more on capital expenditures than did the two oil majors–Exxon Mobil and Royal Dutch Shell—combined (see table below. )  as someone who survived the tech bubble, it seems like déjà vu.  This article brought to mind the late 90’s during …

Government Shutdown

Investors face the possibility of a government shutdown this weekend.  Since we do not sit in Washington, we can only observe the Congressional antics from afar.   As I write this on Friday afternoon, the odds of a federal government shut down keep growing.   At the same time, according to the New York Times, democratic senate …

Tax reform – “Good or Not so Good?”

Real life experience for individuals and corporations will determine the eventual answer to that question, not talking heads.  A real-life event will come in February with issuance of new withholding tables.   Average wage earners will then judge the net effect on their take home pay.  Of course, the more comprehensive answer will come with tax …

WPIX and Jim Hiles – 2018 Tax Law

What Could Happen With the Tax Law and What It Could Mean to You in 2018/2019 Check out Jim with Marvin Scott beginning at minute 16:54 of the video. Click here to watch!   Learn more about our advisory services  ➤ DISCLAIMER: First Capital Advisors Group, LLC is a federally registered investment adviser under the …

Tax Reform Proposals – Reduces the Largest Shareholder in Most U.S. Corporations

The house ways and means committee released its 82 page Republican tax reform proposals “Tax Cuts and Jobs Act.” These proposals did not come from Mount Sinai written in stone so much will change before they pass through Congress—if they ever do. The following is a brief review of some of these proposals.  This represents …

Investor Optimism Despite “The Merry Minuet” Environment

  The optimism of consumers, business owners, and investors continues at high levels despite hurricanes in Florida, Texas, and Puerto Rico, fires in California, and possible nuclear confrontation in North Korea.  In past markets, investors also faced similar issues.  For some perspective on the relative constant of world issues, let us look back about 60 …

More Hawkish Fed – Surprises Some

Our past commentaries suggested that the federal open market committee (F.O.M.C..) would move with greater regularity in raising the fed funds rate. If correct, we expected that would surprise many investors. In fact, many investors did react with surprise to the more hawkish statements by the F.O.M.C.. following its September meeting as well as chair …

Retirement Myth Busting Luncheon Hosted by EIPA this Thursday 11:30 am

Please be my guest this Thursday at the Sheraton Hotel in Eatontown at 11:30 am for a special luncheon/networking event! I will be speaking about retirement – the myths and current-day challenges. Join us to learn more about the Top 5 Retirement Myths. Let me know if you can attend and feel free to bring …

Highlights of the Proposed Unified Tax Reform Framework*

Lower Rates for Individuals and Families The framework shrinks the current seven tax brackets into three – 12%, 25% and 35% – with the potential for an additional top rate for the highest-income taxpayers to ensure that the wealthy do not contribute a lower share of taxes paid than they do today. Double the Standard …

Wine Tasting Event, October 4th

First Capital Advisors Group is hosting a wine tasting event and a lively investment discussion at Navesink Country Club in Middletown on October 4th, 2017 from 5:30 – 7:00 pm.  We will be highlighting a flight of wines paired with certain hors d’vores. The panel discussion will be moderated by Jim Hiles and include Steve …