Archive for the 'Finance' Category
Dude, Pay Your commerce Taxes - by Mark Pittman
Evading Taxes Can Devalue Your commerce When it’s moment to Sell!
Writing off personal expenses in the company ledger and failing to report cash transactions are common with smaller companies. The fact misappropriated expenses are rarely detected by the IRS has led many commerce owners to trea…
Magal safety degree surges
Shares in Israeli protection company Magal shield Systems Ltd. (USA) (NASDAQ: MAGS) closed up by 17% nowadays on the news that the company has signed a series of deals worth by $45 million. that is huge for a company with a market-cap of $74 million.
Magal develops, manufactures and markets c…
The seach for income for retirees
With treasury yields well below 4%, and even decent corporate paper not yielding much better, the question I keep hearing from my elderly clients who habitable off of their investment income is where are they going to get the income needed to meet their expenses. Thrown into the mix that, in four …
What the stimulus package means to you
The Associated Press reports that Congress has reached an agreement on an profitable stimulus package. The report does not estimate the total size of the package, but it says that taxpayers will get rebate checks ranging within $300 and $1,000 per household. Businesses will get tax breaks as wel…
History: Watch for stocks to start moving higher
There is a very interesting editorial in today’s Seattle Times. With stock investors getting more jittery with each passing day, it’s critical to put the recent market turmoil in some kind of historical perspective.
“Recessions on average final 216 days, or just by seven months, and stocks post a…
Wesley Snipes tax evasion trial begins
Actor Wesley Snipes’ trial for tax evasion will start today in Ocala, Florida. amidst 1999 and 2004, Snipes earned $38 million and paid precisely nothing in taxes.
What’s his explanation? Ah, that’s easy: He doesn’t think he has to pay taxes. According to the New York Times, Snipes has “beco…
American spending drops like a stone
I’m not certain why the story in today’s New York Times seems like such a surprise to everyone, The Times headline screams, “Americans Cut Back Sharply on Spending.” I’ve been expecting it ever since the subprime mortgage mess started to hit the news in the middle of final year. public have been…
Looking for outsized returns? Follow the Tiger Cubs
It’s been a rigid slog for professionals and individual investors during 2007 and the start of 2008. Those who did well either
took a big swing on commodities,
owned and sold tech into the 4th quarter,
prayed tough and were answered, or
were so-called Tiger Cubs.
Bloomberg reports o…
A contrarian indicator
Investors certainly are shell-shocked by the way the stock market has started off the year. With the NASDAQ down more than 7%, everyone wants to know when the marker will finally put together a few positive days. We haven’t even really experienced the notorious “dead-cat” bounce.
With so much…
Looking for yield amongst the rubble: A preferred stocks ETF
Many investors by the past couple of months, sensing volatility in the market, have been rebalancing their portfolios absent from stocks and toward fixed income. final week, we saw humans stepping up and buying preferred stocks as well.
Interesting decent, finding a good list, database, or ge…
10 finance blogs for 2008
ChrisPerruna.com… Read more
Filed under: Blogs, …
FINRA investigates sales of mortgage securities
FINRA (The Financial Industry Regulatory Authority) decided to look into whether risky subprime mortgage securities were sold inappropriately to individuals who aren’t suitable targets for these risky collateralized mortgage obligations (CMOs), Bloomberg reports that dawn.
On its website, FINRA w…
Bush pushes bills to expand home refinancing options
President Bush wants Congress to act fast on pending legislation that would give homeowners more options for refinancing their home loans. profitable adviser Ed Gillespie told reporters Bush wants Congress to act faster to “help construct the market more regular.”
While some support that legi…
Tribulations of the suddenly wealthy
The New York Times reports that getting wealthy all of a sudden can be a problem. But of all the problems one could face, I think it’s a pretty high lesson one.
Here are three examples:
Ken Jennings won $2.5 million ($1.5 million after taxes) — after prevailing in 74 consecutive Jeopardy…
