More than $3 Trillion Waiting on the Sidelines
Friday February 27, 2009
According to some estimates, investors have parked more than $3,000,000,000,000.00 - that's three trillion dollars - in money market funds waiting for the markets to calm down before jumping back ... Read More
The President's New Tax Proposal and the Banking Sector
Thursday February 26, 2009
The President's new tax proposals are interesting, specifically the component that would require carried interest to be treated like any other ordinary income. That has a lot of ramifications ... Read More
How Technology Can Help (Or Destroy) Your Portfolio
Monday February 23, 2009
This week, as I reviewed the expansion plans for our soon-to-be opened fine jewelry and fountain pen store in the Midwest, I began looking through the organization's costs to see ... Read More
Bank Nationalization Fears
Friday February 20, 2009
Stocks, especially those related to the financial markets, continued to slide today as a result of rampant fear of a nationalization of the United States banking industry. Although I ... Read More
Use This Crisis as a Chance to Drastically Lower Your Cost Basis
Thursday February 19, 2009
In the past, we’ve discussed the remarkable work of Dr. Jeremy Siegel. Through his work at the Wharton School of Business, he put together data showing that investors with a ... Read More
This Isn't Merely Academic ...
Saturday February 14, 2009
People are talking about the fact that billionaire Warren Buffett is generating huge profits by lending money to major corporations such as the $250,000,000 he just infused into Tiffany & ... Read More
The Housing Tax Credit and Taking Advantage of the Recession
Wednesday February 11, 2009
This week has been crazy. My family, through one of its operating companies, has decided to open a new luxury pen retail store selling upscale writing instruments such as ... Read More
The Types of Companies to Invest In During a Crisis
Monday February 9, 2009
During this crisis, access to funding is a problem because banks are in desperate need of capital and can’t take risks that in ordinary times would be prudent. As a ... Read More
Owning Geese Versus Building Up a Nest Egg
Saturday February 7, 2009
I read somewhere that the middle class thinks in terms of building up a nest egg, while the rich think of acquiring, managing, and establishing geese that lay golden eggs. ... Read More
Companies Slashing 401(k) Contribution Matches at a Record Pace
Thursday February 5, 2009
I just read another story about how companies are suspending the 401(k) plan matching funds to save money. Of all the ways to cut costs, this is the stupidest, ... Read More
Senate Proposes $15,000 Tax Credit for Home Buyers
Wednesday February 4, 2009
The Senate has now proposed a tax credit of 10% of the purchase price of a home, with a $15,000 limit, for those who buy a residence. The theory ... Read More