Robert A. Bonavito, CPA PC

RABCPA PC Blog

Three Questions You Should ask about your Money

What is the best way to save your money? What is the best way to invest your money? What is the best way to protect your money?   These are three questions that everyone should be able to answer. If you don’t ask the question you’ll never figure out the best answer.

Posted May 1, 2017 by Robert A Bonavito in Educational Videos

Are Timeshares A Good Investments?

I have a couple clients that actually like timeshares, but these clients are few and far between. I tell my clients if you have plenty of money and lots of vacation time and like to go to the same place year in year out, timeshares probably are not a bad investment. However, the key problem with timeshares are they are expensive, they have annual carrying costs that are increasing, and they are extremely difficult to sell. Remember if you have a timeshare, you still have to fly there and provide all of your food and entertainment cost. There are a few positive aspects of timeshares, but the many problems far outweigh those positive aspects. Never invest in anything that eats or needs repairs.

Posted April 8, 2017 by Robert A Bonavito in Educational Videos

What are the Four Cornerstones of Value?

1)Companies create value by investing capital from investors to generate future cash flows at a rate of return exceeding the cost of that capital. 2)Value is created for shareholders when a company generates higher cash flows, not by rearranging claims on those cash flows.   3)A company’s performance in the stock market is given by changes in the stock market expectations not just the company’s actual performance, this is sometimes called the expectation treadmill. 4)The value of a business depends on who is managing it and what strategy they pursue, “Best Managers.”

Posted April 1, 2017 by Robert A Bonavito in Business Valuations