Halloween Candy—A Leading Economic Indicator
Is there a correlation between the type of candy doled out and the health of the local economy? I’m sure there is research out there. The results from the empirical evidence I gathered as a kid indicated that in order to haul in the premium candy (Hershey’s chocolates vs Tootsie rolls, for example) one had […]
Potential Restitution From an Improper Foreclosure
Wikipedia defines Foreclosure as “the legal process by which a mortgage lender (mortgagee), or other lien holder, obtains a termination of a mortgage borrower (mortgagor)’s equitable right of redemption, either by court order or by operation of law (after following a specific statutory procedure).” Millions of homeowners went through this process in 2009 and 2010. […]
2012 Tax Benefits to Increase Due to Inflation
The IRS has just announced Cost of Living Adjustments to various items for tax year 2012. Of interest to a lot of people should be the increase to 401(k) from $16,500 to $17,000—an increase of $500. I’m still not at the max for this year. Deducting $708.33 a pay check would be way too much […]
RIP Steve Jobs
I just saw this headline: Steven P. Jobs, Co-Founder of Apple, Dies. Apple has updated their site as well: http://www.apple.com/stevejobs/ If you would like to share your thoughts, memories, and condolences, please email rememberingsteve@apple.com
R.E.M. Calling it Quits After 31 Years
I’ve was a big fan of R.E.M. for many years. I’m a bit saddened that they are calling it quits. My favorite albums are probably “Green”, “Automatic for the People” and “Out of Time.” I stopped listening to their new music after the release of their album titled “Monster.” They released numerous hits over the […]
Microsoft Increases Dividend by 25%!
Dividend seeking investors may want to take another look at Microsoft Corp. The stock price has been stuck in a narrow trading range for several years now. However, in an effort to boost the stock price, the board of directors has just announced their decision to increase the quarterly dividend to 20 cents a share. […]
Congressman Fleming Emulating Latrell Sprewell
I follow basketball more than the average person. Sadly, I think most people who have heard of Latrell Sprewell will only remember him because of the following statement he made in the midst of contract negotiations: “I told you I needed to feed my family,” Sprewell said at a press conference yesterday. “They offered me […]
40 Million in 16 Months
I did not tune in to see the fight last night between “Money” Floyd Mayweather Jr. and Victor Ortiz. I did see a summary of the results though. Mayweather is expected to make at least $40 million on this fight. At age 34, he is still unbeaten. Yesterday’s k.o. was a little dubious though. He […]
UBS Trader Loses $2.3 Billion
Trading is risky, sometimes you lose, sometimes you win and in some cases you end up in jail. Like, Jerome Kerviel who was sentenced to 3 years in prison and asked to repay the $6.8 billion loss, Kweku Adoboli was also arrested for trading losses. UBS reported that the fraud has taken place for the […]
Using Dividends to Pay Down Debt
I really enjoy receiving Dividends! Every month, as I send my dividends to creditors to pay off my debt, I’m reminded of the following dilemma: Is it better to pay down debt or invest the money and hope for a better return? According to wikinvest, my portfolio is averaging 3.6% return in dividends alone. After […]
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