Markets move for real reasons, not because of technical whirling dervishes. Things happen in life because there are consequences to actions. Charts do not move the markets. Markets move the charts. In keeping with that, I also think short-term swings occur because of some external factor. Price never rallies because it is rallying; the rally is the symptom of a cause. Detect that cause and we are several light years ahead of the average...more
When considering home improvement plans, the first thing we usually notice is how much the project will cost to complete it.When coming up with the cost, you must factor in charges, fees, taxes assessed, and the monthly payment amount. There are many home improvement loans available from lenders today.Most companies now offer customization of home improvement loans to help be more competitive in the hopes of you choosing them for your financing...more
Everywhere I turn, I see, read and hear how capitalism has destroyed the American economy. The political Left blames capitalism outright, while the political Right claims capitalism is the American ideal. The elitists in banking, government, academia and the media give lip-service to the idea of a free market, when they, in fact, have no use for it. The real purpose of claiming that free markets are the American ideal is to give the collectivist a scapegoat to blame for all their nefarious wealth redistribution programs. Too many of today's activists have fallen for this intentional misdirection.Blaming free market capitalism for our economic problems is accusing a ghost. It has been dead for a long time. It was first stabbed in the back in 1913 when the U.S. Congress passed the Federal Reserve Act and the United States Revenue Act (creating the IRS).The Federal Reserve Act gave a private cartel of international bankers control over the very essence of a free market; our medium of exchange, our money. This put the free market into a death spiral. Now factor in the Legal Tender Act which prohibits any form of lawful money except the Federal Reserve Note. It is this Legal Tender Law...more
A protected Trust Deed is an instrument to help an individual out of an insolvency crisis. It is lesser known than the more popular IVA (Individual Voluntary Arrangement) and runs for approximately three years as opposed to the IVA's five. But many aspects of the two are the same or very similar, and both share exactly the same purpose.Protected...more
Pool tables provide great enjoyment and entertainment. However, to get a nice pool table you are going to have to dish out some money for a really nice one. They can be worth the investment.Budgeting and finances are an extremely important consideration when purchasing a pool table. Before you start looking you should ensure that a pool table is...more
As I mentioned last week, real estate is one of my absolute favorite areas in the tax law because there is so much flexibility in how to do things to legally maximize the tax benefits available.Real estate is also one of the most complex areas of the tax law. This makes it easy to overlook important steps, which can lead to missing out on tremendous tax savings.I recommend reviewing your tax strategy throughout the year, particularly as it relates to real estate. This makes it much easier to make adjustments timely, minimize oversights and reduce stress at the end of the year and tax return time.With the end of the year approaching quickly, it is an ideal time to implement a year round strategy to review your tax strategy as it relates to your real estate. Start with my year-end checklist for rental real estate and then adapt it to use throughout the year.Year-End Checklist for Rental Real EstateAs I noted above, real estate is one of the most complex areas of the tax law. This checklist uses terms and concepts that are directly from the tax law.Here are a few items from the checklist my team and I use when working with clients:#1 Understand Your Losses Understand how your real...more
Purchasing school uniforms from a school uniform wholesaler can save money. Talk to your school to see if they are willing to buy in bulk for wholesale school uniforms. If they are not able to, see if they will allow you to organize a group purchase...more
Written english is a tricky thing for the average writer; could a sentences corrector finally change this difficulty? Written language is both an art and a craft and enables us to reach many of our goals: these can include family,...more
Mortgage refinance if accomplished the way as it should be, can be incredibly helpful for a homeowner. Then again, doing it in the incorrect way will cost you a great deal of your efforts, time and above all money. There are a few...more
For the past two years, the stock market has performed like a yo-yo. One day, it's up. The next day, it's down. No one agrees on where the economy is headed.Some people are ready to retire and need to decide how to roll their 401k accounts or...more
In the modern world, it can sometimes seem as though anything worth buying requires a loan or other financing product before the purchase can be made. This is largely the case when it comes to cars; though most people in the developed world and...more
I wrote an article several months ago about whether forex intervention works. I am following up with this article as the forex market is probing Swiss National Bank (SNB) resolve to continue intervening to keep EUR/CHF in a range.The SNB's current...more