A client recently emailed that she was cleaning out old files and wondered how long she should keep certain records. As a result of answering her questions, I have put together some basic guidelines of what to keep and how long to keep it.
Insights & Other Important Communication
This morning I awoke to the news that a compromise has been reached in regards to the debt ceiling. I have been holding off posting my quarterly economic update since very little of it mattered with a potential default looming. With that axe no longer over our necks, it seems appropriate to see where the economy stands.
Have you ever seen the headline "Don't panic. Everything will be okay"? I never have but strangely enough, despite many complicated global problems, everything usually turns out okay. The message of calm and peace just does not draw an audience as large as the message of doom and gloom so our news is seldom optimistic.