Blog

Due to the great interest in our Kodak Q&A meetings being held this week, we have set up a conference phone line to allow those who are unable to attend in person to ask questions and to listen in on the live meetings. The phone line will be open from 5:30pm to 6:30pm on Thursday, January 12th an...

My favorite season is about to kick off...tax season. This year we do not have many major changes in the tax law. Here is a brief summary of some changes to expect: Overall, many of the dollar thresholds were adjusted upward for cost of living increases. This includes tax brackets, standard dedu...

The general consensus and our opinion: Kodak is not doing very well.As long time residents of our fair city, we are sad to see what was such an innovative and influential company take such a bad downturn. However, we can't spend too much time in lamentation - we have work to do. It is at difficult t...

There has been a lot of buzz about the recent news of Kodak preparing for bankruptcy. A few of my friends and colleagues have asked me if I thought it might pop back up as the result of an overreaction to its recent fall. As far as Kodak is concerned, I have no idea and I'm not willing to bet on it....

  WHAT: Today Brighton Securities representatives will host a meeting on Kodak's bankruptcy and what it means for Kodak retirees and SIP (Savings and Investment Plan) members Free and open to the public, we welcome you to attend and ask questions. If you cannot make the 4:30 pm meeting are enc...

The office continues to buzz today as we take calls from the media and from concerned Kodak retirees. If you've been reading this blog, Kodak's possible bankruptcy isn't surprising, but there are still questions to be answered, and we're ready to take yours. Our advisors are meeting yesterday and...

With the new year barely begun, at least one member of the Brighton Securities team has crossed an item off her resolutions list. Myra Schroeder, an administrative assistant in our Batavia, NY office passed the FINRA Series 11 Exam yesterday, making her our newest registered assistant! With her n...

Little Esopus, NY is a town of 9,500 on the Hudson River about 60 miles south of Albany. A handful of years ago, Esopus planned some public works and issued a municipal bond to pay for it. The town borrowed $170,000 and has been paying 4.5% interest, by all accounts with little difficulty, as the ra...

If you are one of my clients, you've heard that statement over and over again. I say it because the logic behind our central bank and apparently the ECB is just that. I have truly grown weary of the nonsensical so-called "solutions" to the problems that ail both the US and European economies. Con...

Last week we said goodbye to 2011, a year with plenty of sturm und drang but, at the end, little net change. At the closing bell last Friday it was a mixed bag of results for US markets. Here are the final numbers for the year: Dow Jones Industrial Average: +5.53% (DJIA for short) Standard & P...