Lisa Featherngill | Source | National Director of Wealth Planning at Comerica Bank

There's a spectrum between capital preservation and risky investments. Based on the rate of return you need, you might have to go up the spectrum.

People really have to run the numbers because if they are subject to alternative minimum tax, some of those taxes wouldn’t be deductible anyway.

People may be particularly eager to pay down debt this year, as their interest rates are expected to rise. In fact, between spending, saving or debt relief, the “highest rate of return is going to be paying down debt.