While recently updating my series of tax books to include 2010 information, I was surprised to find that the 2010 income limits for the Retirement Savings Contribution Credit have thus far been unpublished almost anywhere on the web. What’s the Retirement Savings Contribution Credit? It’s a tax credit available to you if: You contribute to [...]
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…as opposed to competing for accuracy. That’s the state of media in general, and the financial media is no exception. (In fact, it could very well be the single worst offender.) This competition for attention is a reality whether we’re talking about books, blogs, TV, or newspapers. Of course, it’s no surprise. A media company’s [...]
Happy Friday, everyone. A nice little collection of worthwhile reading (and watching) from the personal finance micromedia. (Yep. I’m making up words to avoid using “blogosphere.”) I hope you enjoy them. Investing 12 Common IRA Mistakes to Avoid from Good Financial Cents How much is 1%, really? from Moolanomy REITS vs. Rental Properties from Amateur [...]
I recently finished reading Allan Roth’s How a Second Grader Beats Wall Street. (Highly recommend it, by the way.) In the book, Roth brings up a topic that I’m surprised isn’t discussed more frequently: the idea that if you’re willing to put in the time, you can very likely increase the long-term return on the [...]
Most buy & hold index investors seem to be converts from various schools of active investing. At the same time, I’ve met very few investors (none, off the top of my head) who have moved from being index investors to being fund pickers or stock pickers. There seems to be some sort of lesson there. [...]
Write one. Then sell subscriptions. Ta-da! Troubleshooting (in case you need a little more help) What’s that? You don’t have a history of successful stock picking? No problem: Just come up with any stock-selection strategy and back-test it to see if it’s worked over the past [period of your choosing]. It didn’t work? Again, no [...]