Posted on May 28th, 2008 by vLogged
Whenever I meet clients, I can safely assume that they are confused between Traditional and Roth IRA. Actually, most of the times it’s safe to assume that they wouldn’t know the difference between the two. Generally speaking, a Traditional IRA is where before-tax dollars are contributed (which, at time of withdrawal, are subjected to tax) [...]
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Filed under: Finance, Financial Planning, Investing, Personal Finance, Taxes, Understanding Finances
Posted on May 24th, 2008 by vLogged
Here’s an interesting list I came across the other day. 15 interesting facts about IRS – Talk about oxymorons (IRS & Interesting)
1. IRS was known as the Bureau of Internal Revenue when it first came into existence. In the 1950’s the name was changed to the Internal Revenue Service.
2. The initial income tax was only [...]
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Filed under: Business & Economics, Daily Ramblings, FUNancials, Taxes
Posted on May 22nd, 2008 by vLogged
These days all lenders are more than willing to provide joint mortgages. Besides getting better loans, here are four more reasons why someone should opt for them.
1. Deposit – This is a simple numbers game. Two people sharing the burden is much easier than one person bearing all the burden. Also, the bigger deposit you [...]
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Filed under: Credit, Financial Planning, Funds, Mortgage, Personal Finance
Posted on May 20th, 2008 by vLogged
Protecting your assets is the top concern of everyone. Everyone has their own definition of this wretched word – ‘Risk’. Bottom line is that everyone is afraid of losing their money when it comes down to investment assets. The truth is that this definition takes a whole new meaning depending upon your current stage in [...]
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Filed under: Credit, Financial Planning, Funds, Investing, Personal Finance
Posted on May 18th, 2008 by vLogged
Felix Salmon is a blogger/writer with the Conde Nast Portfolio magazine. He wrote a blog entry yesterday about cap weighted funds which I think is a must read for anyone confused between cap weighted funds and fundamentally weighted funds. He quotes Joe Nocera “fundamentally weighted funds ain’t index funds, and they shouldn’t be viewed as [...]
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Filed under: Finance, Funds, Products & Websites
Posted on May 14th, 2008 by vLogged
If you have bad credit, it’s a good idea to start working to get it fixed now. Regardless if your credit problems are because of mistakes on your credit report, a poor credit history from not paying your bills, or stolen identity, there are several steps you can take to fix your credit. The first [...]
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Filed under: Credit, Financial Planning, Personal Finance
Posted on May 10th, 2008 by vLogged
In order to reduce the tax burden that small businesses may suffer from, it is vital for the owners to be aware of the latest reforms which can help them avail tax reliefs. Several aspects of the tax legislation help provide relief to small businesses. The categories which include reduction and aid include returns on [...]
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Filed under: Business & Economics, Finance, Funds, Investing, Taxes
Posted on May 8th, 2008 by vLogged
We all know how lawsuits or claims can run into months and years. Not only are they terribly time consuming, they also eat up on your savings and investments. That is where companies like LawMax come in which can help you avoid financial crisis during such trials. They loan you immediate cash against the proceeds [...]
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Filed under: Funds, Personal Finance, Products & Websites, loans
Posted on May 6th, 2008 by vLogged
Postponing Social Security until age 70 makes a great deal of sense for most healthy, married Americans that can do without the income. Of course, there are numerous exceptions and before postponing your benefits you should seek professional guidance. Obviously most haven’t because about two-thirds of current Social Security recipients started taking benefits before their [...]
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Filed under: Finance, Financial Planning, Investing
Posted on May 2nd, 2008 by vLogged
As every other investor, you are probably looking for the most time efficient way to make money. Hedge may be the way to go provided you have a bit of extra money to spend.
Alfred Jones (the father of unorthodox investment techniques) developed the first hedge funds. Selling short stocks while buying long stocks was one [...]
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Filed under: Investing, Understanding Finances
