Archive for April, 2006
The “Zero Interest” Game
Blueprint for Financial Prosperity is the latest blogger to get in on the “Zero Interest” credit card game. The basics of the game are that you open credit accounts that advertise zero interest on balance transfers for a given period of time (usually 6-12 months). That money is then placed in a high yield account [...]
Am I on the Right Track?
A lot of people ask themselves that question every day. For retirement plans, it’s an extremely confusing question for anyone, much less someone at the beginning of their careers (like me). I decided to test two web calculators to see if they were any more confident than I was in my own predictions (which say [...]
Look! The Rare Humorous Tax Post!
Well, it’s not so rare on Roth & Co. Tax Updates, but anyone that has to deal with ยง263A will appreciate this post. For people that aren’t tax geeks, I would pass up the link, as you probably won’t get the jokes anyway (though you may learn what to claim as business deductions for your [...]
I don’t know whether to be impressed or saddened
Last week, I called lawmakers that hired tax professionals while sitting on the primary tax writing committees a big part of the problem. Well, the TaxProf blog has a story on a 2008 Presidential candidate that has read the entire Tax Code, Tax Regulations, and the BNA Portfolios (a major source of interpretation of [...]
Kids and Money
One of the most important ideas a parent should convey to their children is how to handle money. I may disagree later with my generation coming of age and our inability to handle our finances, but I think that many of us were hurt by not being taught to be fiscally responsible. The average college [...]
An AMT Primer
Yes, yes, I know. You just filed your taxes and you don’t want to hear another dang word about it. Well, too bad. I do this for a living, so I have to hear about it all the time. There is something that you should pay attention to in the tax/political world. It’s the battle [...]
Apple’s Profit Beats Estimates
One of my initial posts was wondering if the high-flying stock of Apple was a bit too high. At that time, Apple was trading at about 80, or at about a P/E of 54. Since then, Apple came down about 20% to trade below 60 (per charts at Yahoo! Finance).
Last night, Apple reported profits [...]
Can those of modest means afford a financial advisor?
This week’s article on the CS Monitor Work/Money section says that “even those of modest means can afford a financial planner”. However, the article spends the vast majority of its real estate describing why people of modest means can’t get an advisor.
Financial planners help people build wealth and guide them toward financial milestones such as [...]
Two More Resources for Small Businesses Now Available
The IRS has released two more resources for small businesses that are free for the taking.
New Publication 1066C, A Virtual Small Business Tax Workshop DVD (with English, Spanish and Mandarin Chinese subtitles) and Publication 1518, 2006 Tax Calendar for Small Businesses and Self-Employed, are now available.
The DVD is an innovative educational product designed to help [...]
How cash-strapped investors can break into the stock market
The CS Monitor had an article in it’s Work/Money section on how cash-strapped investors can break into the stock market. The basics of the article is that unless you have $2,500 to slap into a mutual fund, you’re basically locked out of the market.
The savior listed in the article is Sharebuilder. I’ve used Sharebuilder in [...]
