Archive for category Finances

Social Security’s Silly Cost of Living Increase

Social Security payments will rise 1.7% in 2015, CNNMoney reports: http://tinyurl.com/n7sppjr   Of course, this tiny increase will hardly cover the increasing costs for medical!! This recent article reminds us that we ought to view Social Security as only one form of a retirement income stream in your overall planning. How many citizens and SS recipients […]

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Bank Levy “Did You Know?”

As the global economy continues to enfold, we have more insight to our possible future by observing the latest development in Cypress. Passed in the cover of darkness (aka on a weekend, holiday schedule), Cypress banks’ customers awoke to find that their cash was invaded, and restrictions applied to all withdrawals. Well folks, I encourage […]

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A Little Wisdom to share…

“Don’t use words too big for the subject. Don’t say “infinitely” when you mean “very”; otherwise you’ll have no word left when you want to talk about something really infinite.”—C.S. Lewis Making some observations of the market, and wondering if it’s “very” high, moving “infinitely” higher, and trying to guess what’s driving these moves.  There […]

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Is Too Big To Fail now “What’s in your wallet?”

Well, most of the folks I know don’t have time to keep up with the fast lane of high finances, but I had to stand up and take notice when I received an email informing me that Capital One would now be taking over my Kohl’s Credit Card! It was bad enough that they acquired […]

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Online Banking caution

Today’s widespread use of online banking creates huge opportunity for the devious, tech-savvy criminals to perpetrate their theft schemes. Imagine if these people used their talents for good instead of evil??  Unfortunately, we are often unaware of the malicious activity that goes on “inside” our computers. This article comes from F-Secure, provider of my internet […]

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Recessionary 3rd Quarter Notes

“Occupy Wall Street” occupies far too much of the news media these days. I thought a tax planning reminder would be a good way to get my attention off those un-enlightened individuals who are wasting more of our tax dollars forcing cities to have to clean up after their often rude and disrespectful behavior. It’s always […]

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What If….?

Income taxes were increased to 70% or more? This may be more of a reality than some people think. Many young people have only lived under relatively low tax rates, but some of us remember the burden of high progressive tax rates. [see chart here:] fed_individual_rate_history-june2010 Would you know how this would impact your retirement cashflow? Will your […]

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Early thoughts on 2010 tax filing

As I started organizing for my annual 1040 meeting, my A.D.D. kicked in so I’m sharing some tidbits with anyone who “just had to know the latest IRS confoundings”… Did you know that this year’s filing deadline is April 18th? It’s due to an obscure holiday observed in Washington D.C. ~ “Emancipation Day”. So to […]

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