Cool Tool for Estimating Your Taxes Under Obama’s New Tax Plan

July 29, 2010

It’s unclear at the moment whether Congress will act to extend the Bush Tax Cuts, let them expire, or enact a new hybrid plan that the administration is proposing whereby only families making over $250K would see an increase.  So, given the proposed plan, this tax calculator by the Tax Foundation has a nice simple […]

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Credit Cards Transfer Wealth from Poor to Rich? Gimme a Break!

July 28, 2010

There’s a story out this week (here) postulating that the poor are funding credit card fees while the rich reap the rewards.  This alleged injustice is two-fold: 1) the poor tend to pay cash for items more-so than the rich and since transaction fees are passed on to all consumers, it’s the poor that are […]

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25 Highest Paid CEOs of the Decade – What?

July 27, 2010

The Wall Street Journal compiled a summary of the highest paid CEOs of the decade which was definitely a learning experience for me.  There were some obvious players that I expected to see on there, but there were also some surprises, from some very poorly performing companies.  In terms of shareholder returns compared to their […]

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Setting Goals and Changing My Life – Metrics, Systems, Motivation, Execution

July 26, 2010

As I’ve waded through life, I’ve often taken a toned down approach to goals and lived by the mantra “everything in moderation” and overall, things have worked out well for me.  But they could be always be better.  While I’m a goal-setter and metrics hawk at work, I don’t follow the same rigor in my […]

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Mortgage Rates Could Go EVEN LOWER – Here’s Why

July 23, 2010

Before I provide the plausible scenario in which mortgage rates go even lower than the current historical lows, consider a NY Times article from April which proclaimed “Interest Rates Have Nowhere to Go but Up“.  Now that sound pretty authoritative, especially coming from one of the most prolific financial publications in the world.  Unfortunately, many […]

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Weekend Reading: It’s Earnings Season! Again.

July 22, 2010

I crack up each time earnings season rolls around and the talking heads on CNBC say, “It’s the most important earnings season in years – this is a pivotal point in the stock market, tune in”.  Either they say this a lot or I just happen to tune in when they’re saying it, but they […]

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