Accumulating wealth is like building The Great Wall, one brick at a time
By Sun on Nov 30, 2006 in Investing, About me | 4 Comments
It has been a little over four years since I opened my Scottrade brokerage account and started trading stocks. Back then, I was so excited about making quick money from the stock market that I kept the Scottrade trading window open from 9:30 am to 4:00 pm almost every day and didn't really do any […]
By Sun on Nov 30, 2006 in Banking, Personal finance | 38 Comments
If it wasn’t the rate increase announcement from ING yesterday, I probably won’t check my INGDirect account any time soon as ING is no longer my primary savings account and I only have about $500 with them now. However, when I logged in last night, I noticed something new: the INGDirect Electric Orange Checking Account. […]
By Sun on Nov 29, 2006 in Personal finance | 2 Comments
Jeff Schnepper at MSN Money has some year-end moves that could reduce your 2006 tax bill. The following are the summary of the article. For details, click here.
The easy stuff
Charitable deductions. Make the charitable donations before December 31.
Use up your flexible spending account (FSA) dollars. Use them or lose them. The IRS allows purchases made up […]
By Sun on Nov 29, 2006 in Random thoughts | 7 Comments
Yesterday, I read this interesting article on NY Times about how our personal income in 2004 (the year that the latest IRA data is available) compared to what we earned four years earlier in 2000. The title of the article, ’04 Income in U.S. Was Below 2000 Level, already decleared the conclusion of the comparison. […]
By Sun on Nov 29, 2006 in Random thoughts | 0 Comments
For me, they are fine except there is no way to tell the denominations from the size. Yes, I really have to see to tell them apart. But what if I can't see?
Today, according to CNN, Judge James Robertson of the district court for the District of Columbia has ruled "that the U.S. Treasury Department […]
By Sun on Nov 29, 2006 in Banking, Personal finance | 0 Comments
Got this email this morning from Commission Junction that INGDirect has increased the rate of its Orange Savings Account to 4.50% APY. I then checked with INGDirect and found that newest rate has also appeared on their website.
It seems that ING finally decided to play some catch up, while other popular internet banks hold their […]
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