Archive for July, 2010
« Previous EntriesHow Much Does it Cost to Drive a BMW 740Li?
Friday, July 23rd, 2010A lot! Last week when I was getting the oil changed in my wife’s car, this fairly young-looking guy pulls up in a fairly new BMW 740Li. I got to wondering how much it would cost a person to drive a car like that. If you’ve never priced the 740Li, you might be shocked that [...]
SEC Looks at Dumping 12b-1 Fees, But…
Thursday, July 22nd, 2010I just read a short article from Financial Advisor magazine about how the SEC voted unanomously to dump the 12b-1 fee. But, further into the article I read this (bold print mine): the SEC proposes new rules to limit fund sales charges, improve transparency of fees for investors, encourage retail price competition, and revise fund [...]
Taxes We Can Look Forward To
Thursday, July 22nd, 2010I saw this article on the IBD website about the future of the Federal Income Tax. I’m not looking forward to this future: “The lowest bracket for the personal income tax, for instance, moves up 50% — to 15% from 10%. The next lowest bracket—25%—will rise to 28%, and the old 28% bracket will be [...]
What Will $1 Trillion Buy?
Wednesday, July 21st, 2010I received a cool email this morning about a Kiplinger slide show illustrating how much $1 trillion will buy. First off, let’s get an idea of how much a trillion dollars is as a number: $1,000,000,000,000 In other words, IT’S A LOT OF MONEY! Back to the email… It contained a list of what $1 [...]
Looking at 10, 20, and 30-Year Rolling Total Returns for the S&P 500 Index
Wednesday, July 21st, 2010This is part 2 of my series on the S&P 500 Index. Today’s graphics show the rolling TOTAL RETURNS for 10, 20, and 30-years. I found these particular charts interesting to look at (maybe it’s my snazzy color choice?). The dates you see at the bottom of each chart, marks the end of the time [...]
Question of the Day – Paying Your Kids to Read
Wednesday, July 21st, 2010I have a question for AFM readers: What do you think about paying your kids to read certain books? I’m torn on this issue. Don’t get me wrong. My wife and I do not believe in paying kids to do school work (other than offering them a reward for getting straight As in school). The [...]
Ten For Tuesday, July 20, 2010
Tuesday, July 20th, 2010FIRST… A COUPLE OF REMINDERS: I posted this on Friday so many of you probably didn’t see it. Be sure and enter the giveaway for The College Solution. I’ll announce the winner later this week. Also, PLEASE DONATE to Beth’s charity walk. You don’t have to give a lot but ANY AMOUNT will help. She’s [...]
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