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 […]
Good-bye old and stodgy, hello colorful and fabulous. American Express Financial Advisors and Credit Suisse First Boston are undertaking extreme makeovers that would make the “Queer Eye for the Straight Guy” gang squeal and lisp with pride. In an effort to remake themselves to the general public after a series of scandals including, but not […]
The events surrounding hurricane Katrina has once again brought the pundits and race baiters out from underneath their rocks. I have discussed all the lies and other adjunct nonsense that has surrounded this media orgy on the radio show over the past month and have had enough. One of the producers of my radio show […]
Getting investors to face the music is not always an easy thing to do. Trying to get investors to smarten up and sell losing positions can often become an exercise in futility for the gang at Markowski Investments. I hope some of the following information will wake some of our readers up who are either […]
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 […]
Bumping my head on my desk and waking up in a puddle of my own saliva was a common occurrence during my college mathematics class. Maybe it was the unintelligible accent of the graduate student teaching the class or possibly the fact that I was dumb enough to schedule the class at 8:00 AM knowing […]
In order to see healthy investment returns it is necessary to take on some risk. However by not managing risk through various tools such as asset allocation, covered calls, and stop-losses you will sooner or later get steam-rolled financially. Whereas compounding interest can sow windfalls over time, there is a brutal side to math that […]