Ted Sarandos, chief content officer for Netflix, is photographed in his Beverly Hills office in December. Projected on the screen is "Lilyhammer" the first Netflix original series. Amid troubles for the company, Netflix is evolving from a home video service to a TV rerun service.
LOS ANGELES — Like most fresh faces that arrive in Hollywood, Netflix wanted to be a movie star.
But now it's learning what many in Tinseltown have known for decades: Movies are sexy, but the real money is in television.
Death and taxes might be certain, but the latter changes each year.
Even without major tax legislation — thanks, political gridlock — taxpayers need to be aware of even slight adjustments that could benefit them as they prepare their returns.
There are many reasons why people invest. Some have goals such as educating their children, saving for retirement or simply accumulating wealth. Others who are already wealthy invest to grow and preserve their comfortable nest egg. Some investors are bold; others are timid. The idea that age has anything to do with it is overstated. There are as many brave 70-year-olds as there are brave 35-year-olds. The opposite is also true. But, what all individual investors seem to have in common is the tendency to assume that current conditions will continue well on into the future. History has proven that this assumption is way off base.
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