Financial Focus: President-elect Trump’s Economic Vision

Neighborhood Notes: Free Immigration Service

Well, Donald Trump will soon be President of the United States. Thank God our advisors do not talk to our clients about politics; we talk to them about economics. And from a domestic economic perspective, that is tax, spend and trading policies, much of which I can presume is coming in 2017. Individual Taxes “Imagine your paycheck was 40 percent higher than it currently is. What could you do with 40 percent more wealth? How many jobs and opportunities for others could you create?”—President-elect Trump Mr. Trump wants to reshape America’s tax system. His plan has just four tax brackets

Hello Fellow Readers! The latest edition of the Norwood News, serving Norwood and other Bronx communities, is out with plenty of neighborhood news you can use. We’ve packed the paper with coverage on the historic general election, and our take on what lessons may have been learned. We first begin with a local story on a move by Community Board 7, the all-volunteer civic panel, looking to take the wheel in deciding Bedford Park’s future look. The Board has hired a consulting firm to carry out an independent study on the needs for the neighborhood, home to a hodgepodge of two-story

This presidential election will undoubtedly be pored over in history books for decades, examined by political scientists for its penchant for division over unity. It saw one of the unlikeliest of Republican presidential candidates, now President-elect Donald Trump, square off against Hillary Clinton, an entrenched politician whose road to the White House was indeed bumpy. Their common denominator? They were pretty unpopular outside their base. The race, bombarded into American minds to the point of exhaustion, also led to a civil war among Americans, turning political graciousness into a dysfunctional affair among the pols. It stands to reason that partisanship,

By ANTHONY RIVIECCIO, PFA, MBA

What’s Pay Per View again? Some time ago, I wrote a series of articles about why one should, as the phrase goes, “cut the cord.” As a society, yes, our “entertainment” (since the 1980s), has blossomed into the world of cable TV. Thirty years later, whether it is news, sports game shows or movies, we now call it “video” or “streaming.” Because of our hunger for live or video entertainment content, cable companies have expanded their channel rosters to 372 channels at a supposedly introductory price of $99.99. Now, you want to show off, that’s fine. Keep the 372-channel version.

Hello Fellow Readers! The latest edition of the Norwood News, covering Norwood and its surrounding Bronx communities, is out with plenty of community news you can use. There’s plenty of news in this 16-page packed paper, so let’s get to it. We begin with a story on the internal politics happening at the local Community Board 7, which covers the Norwood section. Read about members extending the probationary period of its district manager, and learn what may have really triggered this animosity. Inside the cover, we look into the impact the NYPD fatal shooting of Deborah Danner of Castle Hill

With recent NYPD crime statistics showing September as the safest month since the Police Department began tracking violent crime trends, we asked readers if they believe that. No. I think it’s the same as it’s always been. I see a lot of crime and it’s not safe. I don’t know if the police are under reporting crime, but I know these streets are still dangerous. Sylvia Soriano Morris Heights I’d agree with that; I don’t really hear anything going on around here. I think it’s mixed, but I don’t think crime is drastically down like that. Do they say what

By ANDREW COHEN

Participatory Budgeting introduces the public to the City budget process and gives them a direct say in how millions of tax dollars are spent in our communities every year. This grassroots, people-powered initiative not only increases civic engagement, it connects individuals to their neighbors and encourages them to learn how local government plays an important role in our daily lives. Yes, Participatory Budgeting has its flaws. It is labor intensive for Council Members’ staff; volunteers don’t necessarily have the time necessary to devote; and it is challenging for community members to learn the complexity of the City budget. However, Participatory

Editor’s Pick Biking the Bronx The public is invited to join the 22nd annual Tour de Bronx on Oct. 23. Participants have a choice of a 25- or 40-mile ride, both of which explore Bronx neighborhoods. Check-in is at 9 a.m. at Harris Field, Bedford Park Boulevard West between Paul and Goulden avenues. The rides end at the New York Botanical Garden with live music and light snacks. The NYC Department of Transportation is offering to fit and distribute free bicycle helmets for participants from 8 to 11 a.m. while supplies last. Those 17 and younger must be accompanied by

By ANTHONY RIVIECCIO, MBA, PFA, Founder, Financial Advisors Group

Do you know what it means to your pocketbook when Republican presidential candidate Donald Trump says, “I’m going to lower your taxes,” or when his Democratic opponent Hillary Clinton says, “We need more infrastructure to create jobs”? Wait, that can be a bit too “out there.” Let me localize the question. Is your savings account getting more than three percent? Is your retirement investment account or 401(k) really going up or down? The stock market in August went down! The lack of financial planning knowledge, or financial literacy as we like to call it, is becoming very scary as we