April 28, 2018

I have heard several stock market experts state that stocks are great because you are virtually certain of making money over any 30 year period.  That is too say, in any period in which you start investing in stocks, at the end of 30 years you will have made money.

So lets say that you start investing on January 1, 2018, if you keep your money in the stock market until January 1, 2048, you will be a financial winner.  This is general advice.

I spoke with someone in 2009 who had a substantial portfolio of stocks in large corporations.  We talked about the stock market decline.  I told him that the value of his stock portfolio would go back up.   His response was that he won’t be alive when the market fully recovers.  He died the following year.

We are now in a situation in which interest rates are going up.   When interest rates go up, bond prices go down.  Also, stock prices usually go down.

If you or someone you know have lost money in investments, please feel free to call Attorney Singer to discuss your situation, including securities arbitration.

Attorney Robert M. Singer

2572 Whitney Avenue

Hamden, CT  06518



As the weather is getting warmer, boaters are ready to get out and enjoy the outdoors.   Boaters need to keep safe to avoid accidents.  There are many causes of accidents.

  1. As with motor vehicle accidents, alcohol is a major cause of boating accidents.   Drug use can have a similar effect on a person’s ability to safely handle a boat.
  2. Boaters need to slow down.   Traveling fast increases the risk of an accident.
  3. Operator must focus on driving.   Perhaps it is easier to fail to stay focused in a boat, than in a car.    Boaters are out to enjoy the day.  A boat driver needs to  be alert at all times.
  4. Drivers have to view all of the surrounding area.   A boat can be headed to an area in which there is not a clear view ahead, resulting in a crash
  5. A boat driver needs experience to keep safe.     This is no different than a car driver.  More experienced drivers tend to have less accidents.
  6. A boat can fail.     A boat is a machine, which needs regular maintenance.  Protect yourself and your passengers, with a maintenance schedule.  Have a good boat mechanic.
  7. A boat can be hit with the force of a wave, or a wake from other vessels.    A boat driver needs to be aware of causes of waves, and of other surrounding vessels.
  8. Weather changes are dangerous.    Always check weather conditions, and expected weather conditions before going out.   When in doubt about the weather, stay indoors.
  9. Hazardous Waters.     The more boats in a particular area, the more congestion, and the greater likelihood of a collision.

Similarly, there are areas which are hazardous because of shallow water, or rocks.    A boat driver needs to know the area in which they are out boating, to prevent an accident, due to the natural contours of the water area.

Stay safe and enjoy the Summer.  If you or someone you know has been injured in an accident, please feel free to call

Attorney Robert M. Singer

2572 Whitney Avenue

Hamden, CT  06518


Serving all of Connecticut


As the weather is getting warmer, the motorcycles are returning to the ride. Motorcycle drivers need to drive with caution, to avoid accidents. There are certain types of common causes of accidents.

1. A car turns left in front of a motorcycle.

A car does not see a motorcycle. Therefore, a car turns left, which causes a collision.

A motorcyclist needs to look out for a car, in an intersection, who is turning. In addition, watch out for someone coming out of a parking lot or driveway.

2. A motorcyclist hits a slippery item on the road.

A motorcycle can suddenly hit a spot of gravel, and lose control. Other common types of slippery items include leaves, and horse dung. Anything that is slippery on the road has a potential to cause an

3. A motorcycle rider goes too fast into a corner turn.

There are many lessons on how to ride through the turn. However, to be safe you need to slow down as a rider.

4. A car turns into a motorcycle’s lane.

Oftentimes, a car driver does not see a motorcycle, as the motorcycle is in a blind spot. A motorcycle rider needs to determine where a car’s blind spots are located, and ride defensively.

5. A car hits a motorcycle from behind.

Keep the motorcycle visible. Make sure all lights are working properly. With bad weather, particularly fog, it may be too dangerous to go for a motorcycle ride.

Remember to wear appropriate colors for clothing: high viz jacket. A motorcycle rider wants to have himself or herself stand out.

Where possible, a motorcycle should stop in front of a car which is already stopped. The stopped car can be protection against a rear end collision.

6. Unsafe group ridding

You have a group of motorcycles out riding, and one rider suddenly stops, and causes a collision with another rider. All riders need to work together to protect each other. Have a plan for group riding.

7. Rider hits too hard on the front brakes.

Motorcycle riders must learn to properly and effectively use both the front and the back brakes.

New technology gives motorcycle owners the ability to buy a motorcycle with ABS.

8. A car opens its door

A motorcycle is being driven near the side of a road, with a lot of parked cars. A driver in a parked car opens the door, causing the motorcycle to hit the car door.

Avoid driving in the right lane, close to a lane with parked cars. A motorcycle rider needs to give a driver in a parked car enough room to open a door.

9. Slippery Roads.

This is commonly oil and diesel on the road. Have good tires on your motorcycle. The tires are the only thing between your motorcycle and the road.

10. Alcohol – involved in about 50% of all motorcycle accidents. Avoid it.

If you or someone you know has been injured because of an accident , please feel free to contact

Attorney Robert M. Singer
2572 Whitney Avenue, Hamden, CT 06518


For many taxpayers, the largest itemized tax deduction is for home mortgage interest.  The Tax Cuts and Jobs Act changed the rules on this deduction, for an eight year period.

Acquisition debt is debt that is used to purchase, build, or substantially improve a primary residence or second home.     By definition, substantial improvement is more than general maintenance of a home.

The deduction applies to acquisition indebtedness secured by a qualified residence.   Acquisition indebtedness includes debt from refinancing acquisition debt, up to the amount and term of the refinanced indebtedness.  In other words, if you have 14 years on an old mortgage with a 180,000 balance, a refinanced loan is considered acquisition indebtedness for the remaining 14 year term and $180,000 balance.

Old law allowed for a mortgage interest deduction on up to $1,000,000 of acquisition debt ($500,000 for married filing separately).   Under new law, effective tax years 2018 to 2015, acquisition indebtedness is reduced to $750,000 ($375,000 for married filing separately).

There is a special exception to the new law, which generally allows the application of old law for debt up to $1,000,000 if the mortgage is refinanced, for the term of the original loan.


The Tax Cuts and Jobs Act drastically changed the rules with regard to the deduction of interest on a home equity loan.

The Act applies for  8 tax years, beginning in 2018.

The law eliminates the itemized deduction for interest on home equity loans (second mortgages).   The law applies regardless of the date that the debt was incurred.

Therefore, for example, if you took out a home equity loan in 2014, and are still paying off the loan, you lose the deduction for home equity mortgage debt interest.     (Under prior law, interest on up to $100,000 in interest on home equity debt could be deducted as an itemized deduction).

Unfortunately, this can result in a tax increase for many middle income taxpayers.   By eliminating a deduction, the government is increasing taxes.