Ah, memories. Not that I know Eliot Spitzer or anything really about sex scandals or about call girls. I do know that this is what staffers are for! Hello? Using your own phone and voice to call about illegal activities? I’m guessing most of our politicians are a little smarter than this.
Politicians hate to admit that anything is ever wrong with the economy. Even as they pass “critical” packages using the economy as an excuse, they continue to maintain that everything is just fine. Please go on with your life and please, please, please, keep spending your money. Every financial advisor who [...]
In news that will not be met with happiness on Wall Street, the inflation data for January was not good. A 0.3 jump in the core CPI index spells the end of rate cuts from the Fed.
Wondering what the big deal is? The CPI or Consumer Price Index is a widely watched measure [...]
Putting a little bit of a damper on all the recession talk, Wal-Mart reported good 4th quarter earnings after refocusing on low prices during the Christmas shopping season. Wal-Mart in particular is a well regarded barometer regarding the economy because of its ubiquitous nature and lowest common denominator demographic. The theory basically [...]
Ok, it’s official. Pretty much everyone in America is getting a tax rebate this summer. The IRS says they’ll start mailing checks in May. So how would you like to get a nice tax-free bonus on your tax rebate? Here’s how.
Your tax-rebate is part of the economic stimulus package recently [...]
A client asked me what they should do with their economic stimulus tax rebate they will get later this year. (So will you!). Usually I tell people to pay down debt if they have any. They don’t have any. They also have already maxed out their IRAs for 2008. But, they have kids! So I [...]
According to news stories Yahoo will reject Microsoft’s takeover bid. This isn’t too surprising. As we pointed out here last week, despite the media’s focus on the premium of the offer relative to the previous day’s closing price, the offer represented a very small premium to the year ago price or even the [...]
Welcome to the Finance Gourmet blog. Your resource for real world personal finance and investing advice. If you are looking for something specific, you may want to try www.financegourmet.com where you will find in-depth articles that provide detailed information on personal finance and investing in a more encyclopedia like format.
