WEEKLY QUOTE“Being brilliant is no great feat if you respect nothing.” – Johann Wolfgang von Goethe WEEKLY TIP If you’re thinking about selling a business, consider contacting a business broker, one that represents companies similar to yours. It may make finding an appropriate buyer easier. WEEKLY RIDDLE What is worn by the foot...
WEEKLY QUOTE“You must do the thing you think you cannot do.”– Eleanor Roosevelt WEEKLY TIP It may be a good idea to make your 2012 IRA contribution at the start of the year, rather than waiting until the tax filing deadline of the following year. That way the contributed...
Two federal tax reform proposals could make them less attractive. Our federal government needs to reduce its massive deficit - and among the many revenue-generating ideas being discussed in Congress, two in particular could have disturbing consequences for employees saving for retirement. There is no need to...
The 2011 changes will be followed by more in 2012 and 2013. Have you bought any stocks this year? Before you sell any of them, remember that the IRS implemented new tax basis reporting rules for equities on January 1, 2011. Under the new rules, you...
A way to give without a great deal of bureaucracy. So, you’d like to make some major charitable contributions, but you don’t want to create a family foundation - with its paperwork and management commitment and the possibility of squabbles. Is there an alternative? Yes, there is....
Two-thirds of us have no financial plan for retirement. 64% of Americans have no retirement financial strategy at all. That’s right – no plan whatsoever to build wealth or keep it . That finding comes from the 2009 National Consumer Survey on Personal Finance conducted by...
WEEKLY QUOTE“The task of the modern educator is not to cut down jungles, but to irrigate deserts.” – C.S. Lewis WEEKLY TIP Before you buy a car, remember that it is a depreciating asset with insurance and repair costs attached. What might the total monthly cost of ownership be? Here’s...
Stocks are fizzling ...
How about $6? $7? When will we see relief? How high will pump prices go this summer? Many analysts think we will pay $5 a gallon for gas this summer – and some think gas will cost much more than that. On April 20, the AAA’s...
When it comes to 401(k), what are your options? In the past year or so, we’ve seen some interesting options emerge for 401(k) account holders … “new wrinkles” that everyone with a 401(k) should be aware of, regardless of whether you’re contributing $50 a month or...