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Blog

24 Jun THE CURRENT CD QUANDARY

Today’s yields can’t beat inflation. CD investors are effectively losing money. According to Market Rates Insight, a research firm tracking bank rates, annualized inflation has surpassed long-term certificate of deposit rates since February. In April, 12-month inflation hit 3.16% while the highest-yielding 5-year callable CD on...

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17 Jun A CLOSER LOOK AT GOLD

Amid all the hype and euphoria, some history is worth remembering. America’s got gold fever. Internet headlines inform you that gold settled at another record close today. Nightly news segments show you footage of excited sellers and beaming commodities traders. Radio commercials remind you that gold...

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05 Jun MORE AUDITS FOR THE WEALTHY

The IRS has nearly doubled its examinations of returns from the richest taxpayers. IRS audits are up nearly 8% for the wealthiest Americans. This spring, the Internal Revenue Service released the 2010 IRS Data Book. Journalists and tax professionals looked inside and noticed a couple of...

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