Benjamin Franklin famously said, “In this world, nothing is certain except death and taxes.”[1]

At SJS, we accept his premise about death. But when it comes to taxes, thoughtful planning can influence both how much you pay and when you pay it.

You have probably heard the saying, “Stocks are riskier than bonds.” While the logic makes sense, are stocks actually riskier than bonds?

In the bond market, we have been experiencing our own version of a “drought” over the past decade – a shortage of income (or, yield) from our bonds.