Personal finance
Eight Keys to Financial Security
Yesterday, an article on Kiplinger suggested some steps to secure your financial future, though I don’t agree with all the suggestions (especially the “pay cash for everything else”).
1. Invest in yourself
Your own earning power is the most valuable asset you’ll ever own, and it can’t be wiped out in a market crash. Keep your earning [...]
2006 Year-End Review I: Financial Moves
As 2006 is winding down, it's time to look back and examine what we did, how we did this year and where we will be when 2007 begins.
In the first part of this year-end review, I summarize the moves we made in 2006 that affected us financially.
Mutual fund investments
In 2006, we continued our regular [...]
All Good Things Have to Come to an End, Even Bill Miller Can’t Escape
Legg Mason's Bill Miller, the manager of Legg Mason Value Trust (LMVTX), has beaten S&P 500 for 15 consecutive years since 1991. His winning streak, however, is about to come to an end as LMVTX returns only 6.71% as of yesterday compared to the 16.5% gain of S&P 500. According to a Bloomberg.com article, the [...]
Year-End Moves: Be Aware of the Wash Sales Rule
If you are looking to upload some of your losing stocks and take the losses for the tax purpose in the last week of 2006, you should keep in your mind the so-called wash sales rule. According to IRS Publication 550 (2005), you can’t deduct losses in a wash sale, which “occurs when you sell [...]
eBay $0.15 Insertion Fees Today Only
Got some unwanted stuff to sell? Now you can list them on eBay for only 15 cents. But you have to hurry up since the rate is good for today only and it can be applied to both fixed-pricing items and auction-style listings.
I am considering to list a couple of items that I wasn't able [...]
