These articles have been compiled from the last 25+ years and are archived here to serve as an incredible free resource for our long time listeners and those new to the show. Topics range from financial planning basics to politics, life, the economy and more.
In a painful reality check for victimized investors looking to recoup some of their losses via securities litigation, the U.S. Chamber of Commerce stated that forty percent of institutional investors reap gains as a result of securities fraud litigation, but undiversified small investors recover only TWO CENTS of every dollar lost to fraud. Anjan V. […]
Ned Ryerson: Do you have life insurance, Phil? Cause if you do, I bet you could use more-who couldn’t?-but I got a feeling you don’t have any. Am I right? Phil Connors: You know Ned, I’d love to talk to you but I really have to… Ned Ryerson: That’s okay. I’ll walk with you. When […]
I grew up listening to New York Yankee broadcasts. My favorite announcer had to be Phil Rizzuto. He had this knack of making routine fly balls sound like they were going out of the park and mixing it up with Italian cooking in every broadcast. “Deep to right…Holy Cow that ball could be…nope caught by […]
I usually get a kick out of the ridiculous advertising and marketing Wall Street uses to lure unsuspecting victims in. However, the ad campaign used by Morgan Stanley over the past two years makes my skin crawl. Whether it is…the ad with the actor playing the advisor who gives the ridiculous speech at his client’s […]
“Would you go to a dentist whose teeth were rotted and black?” Unless you were a recent contestant on Fear Factor and revel in consuming insects or rotten food, your answer, I assume, would be in the negative. Using the same logic or common sense, I am perplexed, confused, and bewildered at why so many […]
Due to the tax cuts of the past few years it is important that individuals take a hard look at the tax implications of their portfolios. Certain assets that were prudent to hold in taxable and taxdeferred accounts need to be rebalanced based on the rule changes. For example: tax rates on qualified dividends and […]
After plenty of new tax legislation in 2001 and 2003, Congress has not enacted any major new tax changes for 2005. What we have left for this year is essentially leftover legislation that will continue to be phased in until 2010. The leftovers include the rollout of the Roth 401K discussed earlier and these other […]
On October 22, 2004, President Bush signed the American Jobs Creation Act of 2004 (AJCA). The AJCA has allowed for some beneficial changes for both business and personal filers. Unfortunately many of our new clients are completely unaware and unprepared for the new deductions. Don’t worry it isn’t too late yet! Manufacturing Deduction THE AJCA […]
Starting next year, workers may have access to a new 401K savings option which is directed at decreasing their tax burden in retirement. Highly paid individuals are most likely to see the greatest benefit from the new Roth 401K. The Roth 401K combines elements of the standard 401K, which is often invested in mutual funds, […]
Sisyphus was the founder and king of Corinth. He was known as being a very crafty fellow throughout his life but he saved his greatest triumph for last. When the god Hades came to claim him personally for the kingdom of the dead he brought a pair of handcuffs with him which at the time […]
Most journalists have been trained in the ancient art of never allowing the facts to get in the way of a good story. Their Jedi-Knight mind tricks are used strategically to keep up that great conspiracy to keep the public poor and stupid. We are preached to by the mighty teleprompter readers, their puppeteers and […]
Morgan Stanley under their new Czar John Mack announced that it will be slashing 10% of its lowest producing brokers from its force of about 10,000. Morgan Stanley stated that it has been struggling to increase the size and productivity of its brokerage force and has decided to enforce the less is more principle and […]