Consider Donating Stocks Instead of Cash to Your Favorite Charity

As the year ends, it’s a good time to review your finances, finalize any charitable contributions and other activities that can help reduce tax implications and plan for 2020.

Many people wait until December to get a clear idea of their year-end financial situation to make their yearly charitable contributions. Most automatically think of cash donations, but there are several reasons to consider donating stock instead of cash.


Of course, this and all other financial decisions should be discussed with a registered investment advisory firm, like HCR Wealth Advisors, which can guide investors as to the best place to move their investments and the type of funds that should be considered for end of year contributions.

Consider Donating Stock to Your Favorite Charity:

A lot of people don’t even think of donating stock, but there are many favorable reasons why contributing stocks is a financially sound idea.

  • Stock donations are tax deductible for those that itemize their taxes. Because recent changes in standard deductions, the level is now higher. Those looking for year-end contributions to help lower their taxable income by the amount of the stock donated.
  • Stock donations are limited up to 30% of adjusted gross income.
  • Donating stock or cash will help charitable organizations keep their programs alive and helping those in need.
  • When donating an appreciated stock, the tax liability is removed from your portfolio thereby reducing capital gains taxes that can often be as high as 20%.
  • There will be opportunities to decided how the available cash is spent. Whether it’s reinvested, saved, etc.
  • Those that donate stocks can take full fair market value as a deduction.

Choose the Right Wealth Management Firm:

It is important to choose the best registered investment advisory firm. HCR Wealth Advisors offer a wide range of services like Financial Services, Wealth Management, Business Services, Insurance Services and consulting services. They offer just about any type of service investors could want, while keeping their investments safe.

This article is provided for informational purposes only and should not be interpreted as investment advice.

Sergey Petrossov, the Man Behind the JetSmarter Machine

SERGEY PETROSSOVInnovator, entrepreneur, and most recently, founder and CEO of JetSmarter, Sergey Petrossov has taken a simple idea and turned it into a $1.5 billion business. When he first flew on a private jet, Petrossov couldn’t believe the archaic booking process, so he created JetSmarter, a streamlined booking app that allows the affluent to book private jets online.

The Company

To fund this innovative idea, Petrossov raised $105 million from various investors including Jay-Z and the Saudi Royal Family. Investors have valued the operation at $1.5 billion which is considered a unicorn company. JetSmarter started as a tiny operation, like most startups, and today has 260 employees. The company offers flights to numerous U.S. cities and trips to the Middle East, and Europe. They are in the process of expanding into China, India, and South America. Headquartered in Fort Lauderdale, Florida, JetSmarter also has offices in Dubai, Saudi Arabia, London, Zurich, and Moscow.

The Operation

The idea is simple, book an entire private jet, create a shared charter, or travel on a private jet shuttle between existing routes using a user-friendly app. Known as the “Uber” of private aviation, JetSmarter works with a variety of charter companies. Members are billed annually at $14,000 to use the service and there are currently 8,000 members and growing.

This is just the aviation pillar of the brand. The app also creates a social community among members and the service continues to the ground services that the customer does not need to request. The idea is to create an end-to-end experience of getting where the traveler needs to go.


The Man

Sergey moved to the United States at 4 and managed lemonade stands, garage sales, and car washes as a kid. In his teenage years, he moved to South Florida where he earned a Bachelor of Science in business administration/finance from the University of Florida in 2009. Most recently, Sergey Petrossov was named to Forbes’ 30-Under-30 list in 2016.

Sujit Choudhry: Revocation of Security Clearance

Sujit Choudhry serves as the Center for Constitutional Transitions as a director. He earned his degree in law from three institutions; the University of Oxford, Harvard Law School, and the University of Toronto. Sujit Choudhry initially used to be an advisory party in the constitution-building processes of countries such as Egypt, Sri Lanka, Nepal, South Africa, Ukraine, Tunisia, Libya, and Jordan. He has participated in a United Nations experts meeting in Geneva to discuss transitional justice and mass barbarism. Sujit Choudhry recently featured the act of the president in revoking the security clearance for former security personnel.

Trump, the US President, declared that he was putting into consideration the revoking of all former officials of the national security. During the annunciation of the initial list, the White House Press Secretary explained that the action was taken against the targeted individuals since they had monetized and politicized their security clearances and services to the public. According to Sujit, there are some individuals whose security clearances were not revoked since they have vast useful knowledge from their in-depth experience, which is feasible in advising the security officials currently in office.

Sujit Choudhry highlights a commentator’s opinion who argued that the president has unrestricted authority to revoke a clearance, quoting the Supreme Court case Department of the Navy versus Egan of 1988. Sujit notes that the Court is reluctant in the issues involving the national security and Executive in military affairs unless the Congress states otherwise. The argument from the case supported the revocation of clearances by the president for whatever reason. Some interesting information stems out from the Webster versus Doe Case.

A Central Intelligence Agency employee had his clearances revoked for being openly gay. This violated his rights had been violated under the Equal Protection Clauses and Due Process. Sujit Choudhry notes the court ruling that a customized constitutional claim could limit the authority to revoke security. There are notable differences between the two cases and the intentions of the president. In the Webster Case, the revocation was made by the director of the Central Intelligence Agency and not the president. The repeal was made in line with the director’s statutory authority, which authorizes termination whenever deemed necessary or according to the interests of the state.

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Raffaele Riva Stresses Necessary Steps for an Entrepreneur’s Life

From 1997 to 2008, Raffaele Riva launched a multitude of successful startups. The ventures did well, and they did so on an international basis. The one-time accountant and auditing specialist knew the path of an entrepreneur was for him. Riva built many businesses from scratch, and his achievements culminated in the founding of Aurea Multi-Family Office. The international umbrella organization shows what a driven entrepreneur’s hard work delivers.

Questions arise about what makes Raffaele Riva so accomplished. Unlike other entrepreneurs who hide in a cloud of secrecy, Riva remains outspoken about what works for him. The insights and advice he give come off as logical and understandable. Anyone interested in climbing the business world ladder may wish to review Riva’s ideas.

Among the essential duties, per Riva, is taking action. Entrepreneurs can be great thinkers. They plot and plan their business endeavors, which makes sense. However, if thoughts don’t become actions, an idea never turns into a business. Riva sums up everything in three words, “Just do it.”

Riva also reveals he is a curious person who always pursues knowledge. He did not curtail his education after graduating from a university in Milan, Italy. An avid reader, Raffaele Riva continues to build up his knowledge. Added knowledge and self-driven education do help. So does keeping on top of trends, which Riva also advises people to do. A skilled entrepreneur isn’t someone who thinks in terms of the past. He/she always looks forward and avoids complacency.

Riva suggests entrepreneurs stay focused on their priorities. Being flexible is an important trait to possess, but keep it within reason. Raffaele Riva is emphatic about staying true to values and priorities. Allowing other people to set your priorities or change your values can be a bad idea. Be true to yourself and avoid making unwise or unnecessary compromises.

Seymour Segnit: Redefining the Charging Standard with the MAGFAST Family


You may have heard about the newly designed magnetic chargers that have taken the world by storm and, if so, you have definitely heard the magnificent story of Seymour Segnit. Many are duly shocked by his immense marketing success and brilliant inventions that have brought his brand millions of followers.

Seymour Segnit developed the idea of doing what everyone does every day; charging his devices and getting frustrated by the experience. He decided it was time for a change, thus the MAGFAST charger came to fruition.

He introduced his invention to the world in 2017 and was capable of gaining so much support from viewers that the company crowdsourced more than half a million dollars for the company’s launch by 2018. Under the MAGFAST Chargers Family brand, you can find six different chargers all offering the same simple charging experience. You get both portable and stationary options, but they all maintain a simplistic style that makes for an elegant display.

Traditionally, the wireless charging standard is based on an industry term called Qi. It’s used across the board by even the biggest companies and has allowed several companies to effectively enhance the way their users charge their phones. The MAGFAST Chargers Family chose not to follow this norm and it has paid them tremendously. Go To This Page to learn more.

Seymour Segnit didn’t want to completely negate the old way of charging so he developed a charger that was traditional, but stuck to the efficiency aspects put into every MAGFAST Charger. With the use of magnetic connectors that link together, the user doesn’t have to worry about wires or tangling. Visit This Page for related information.

The MAGFAST Family allows for clean and rapid charging. Seymour Segnit has created chargers that work with just about any device and stays completely out of the way. The world is excited to see what’s next from the MAGFAST Family.


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Privinvest – Dominating a Market

Privinvest – Dominating a Market

Adapting or conforming to a market often takes time. Companies have to build their wealth extensions from scratch, often applying similar strategies to success that other businesses have used before them. When you are the sole proprietor in an area like Privinvest, the sky is the limit. Privinvest is the premier name in the trade of shipbuilding. This company has been providing fleet services for many different areas of business, expanding their contacts to all corners of the world. The company is built on the simple premise that supply allows meeting the terms of demands. The company provides fleet services that help to ship goods all over the globe. Exclusive partnerships with major industries allow for the establishment of ties between foreign territories and international business. These terms help to expand business trade beyond comprehension.

With all of these attributes selling the brand, it is little for Privinvest to compete with. The company also works heavily with military involvement, creating ship models that are both detailed and effective in terms of handling any waterways. Privinvest has holdings in nearly 20 different countries and continues to expand its success of outreach. They have partnered with many different companies to ensure the successful growth patterns needed to foster a growing level of income, assets, and revenue. Adapting as a major partner in the shipping industry, Privinvest is able to guarantee to deliver the shipment of goods that wouldn’t be able to be delivered by land. Total control within this area of business means the company can write their own pricing and can effectively control the outcomes being released into the shipbuilding market. These terms of success with only continue to grow as the company expands to new territories and takes on new accounts of business.


MAGFAST Family of Chargers -Gives People What They Want


Why do we call our product line MAGFAST? Because MAGFAST safely delivers a powerful charge to any device so that life does not have to stop when the power dies.  Isn’t that what you want from your charger?

A POWERFUL, SUPER FAST, WIRELESS charge is what everyone wants and is exactly what MAGFAST delivers. In fact, a MAGFAST Charger is so dynamic, it is powerful enough to jumpstart a car.


The MAGFAST product Line

MAGFAST Family of Charging Products – A collection of Super-Fast and extremely convenient power banks.


  • MAGFAST Extreme USB & 3Qi wireless charging. Powerful enough to jumpstart a car.
  • MAGFAST TIME for Apple Watch charging
  • MAGFAST LIFE pocket power bank with swappable cords, USB A & C and Qi wireless options.
  • MAGFAST ROAD has 6 USB outlets and a built-in flashlight.
  • MAGFAST AIR is an attractive charging stand.
  • MAGFAST WALL is an ingenious design to organize charging wires.

*Available in Alpine White and Forest Green.

*The extended and detailed list of products are available on the website.

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MAGFAST’S Beginnings

Seymour Segnit MAGFAST’s CEO and founder is an engineering graduate from Oxford University. He has had a long professional career as a radio personality and co-founder of a venture capital startup company based in the Silicone Valley. Get Additional Information Here.

In 2017, Mr. Segnit set out on a path to transform power bank and charger industry by designing a family of magnetic, wireless, multi-port, supercharging banks.

The crowdfunding campaign to promote MAGFAST Charger was so successful that a budget goal of $300,000 was reached within 15 minutes.

MAGFAST has made a commitment to the community. For every product ordered a tree will be planted.


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Kynect Continues to Grow Its Organization

Kynect Launches as New Home Services Provider

In August 2019, Kynect came into existence after the sale of Stream Energy to NRG. With a strong presence that has been made early in the game, it’s not surprising that most direct selling experts anticipate the company to be successful. Mark “Bouncer” Schiro will head the company as the CEO. Rob Snyder, a former leader with Stream Energy, expressed that the business will grow in the right direction with their direct selling model remaining in place.

Renewable energy in the form of hydroelectricity, wind, solar, and biomass will be offered to consumers by the Kynect and its independent sales contractors. Gas and electric sales are offered in areas where the sale of these products is permitted by law.

The Complete Product Lineup of Kynect

Wireless sales are another avenue that offers consumers an alternative to the larger brand name companies. Wireless plans and devices are sold nationwide. Get Additional Information Here.

Other offerings include protective services, such as the following subscription-based products:

  • Remote medical services
  • Remote tech support
  • Automotive roadside assistance plans
  • Identity and credit protection services

The Kynect Business Model and Opportunity

Kynect provides a business model for its independent agents to follow as a pathway to success. Immediate product sales earnings and recurring income from recruitment efforts are the primary sources of income through the company. As agents introduce the service offerings, they also offer the customer the same opportunity to earn income and incentives through the company.

Kynect offers technical support, for a fee, to its agents to help them effectively market their home-based business. The interactive website for Kynect offers many tools to show customers how they can save with Kynect, and it also highlights the business opportunity being offered. Visit to access the company’s website for more information.


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Steve Lesnard – The Release of FUTURELIGHT

The North Face has finally unveiled the final product of their new material line, FUTURELIGHT. The model release comes after months of discussions and news articles that released information on this new material of usage. Moving forward, the North Face will include this material within the makeup of all product lines they release in their outdoor wear lines. This material is said to be the lightest ever to be included in a jacket or coat. The use of proprietary technology and multiple field tests to create a material that wicks away moisture and is light on the body is revolutionary for space.

The move came shortly after the announcement to move Steve Lesnard to the head of the marketing department for the company. Lesnard was involved in many different start-up campaigns and with other successful business ventures throughout his career. The partnership stemmed this release a few months after inception, creating a lot of buzz around the production value being released from the company. The North Face has been a strong competitor in the outerwear field for a number of years, only facing a few competitors that could subdue some of their product releases.

With FUTURELIGHT becoming the main target of future ventures, the company looks to skyrocket its fourth-quarter numbers. The increase in business and production comes right before the holiday season, a prime release period for any company. If projections remain consistent with early releases and projections, the company will outsell the competition with ease. The future for the North Face looks bright with Lesnard at the helm. It is only a matter of time before Lesnard takes his collective brilliance to newer heights to set the dial for success on the North Face and the future of outerwear.

Basic Info About Highland Capital Management Everybody Needs To Know About

Financial services is an essential line of work in today’s world of commerce.

Without financial services widely available, American consumers wouldn’t be able to readily make sense of their personal financial situations, make solid investment decisions, plan for their futures using known and unknown personal and financial information, and much more. Further, businesses would struggle to derive proper utility from their free cash flow and cash reserves.

Without the help of both corporate and personal financial advisors, the world’s greatest economy – the United States, that is – would sink quite quickly.

The role of financial services sector businesses is undeniable, one of which is Highland Capital Management of Dallas, Texas.


What is Highland Capital Management?

Highland Capital is an international manager of investments that specializes in the use of alternative investment strategies. The company was founded in 1993 by a pair of then-young entrepreneurs, each of whom boasted a relatively short yet impressive career in finance. The two co-founders were Mark Okada and James Dondero.


What is alternative investment management?

In other words, alternative strategies are those that utilize strategies far outside of the mainstream investment management market. In many cases, such strategies are inherently riskier than their mainstream, reliable, tried-and-true counterparts. See Related Link for additional information.


Where all does Highland Capital Management work?

Many financial services companies are satisfied with being able to serve clients on a national scale. Highland Capital Management, on the other hand, operates offices all over the world, including two in South America – one in Sao Paulo, Brazil, and another in Buenos Aires, Argentina. Two also exist in Asia – in Singapore and Seoul, South Korea. Go Here for more information.

In addition to its Dallas, Texas, headquarters, Highland also has a field office in New York City. Highland Capital Management experienced its big breakthrough onto the financial services market after JPMorgan Chase purchased the firm’s self-developed, proprietary software for tracking loan portfolios.


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