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Archive for November, 2011

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The Income Subject ot Social Security Taxes Goes Up in 2012

Wednesday, November 30th, 2011

In 2012, the amount of income subject to social security taxes (confiscation) is going up to $110,100 from $106,800 (the wage base for 2009 – 2011). This means the maximum social security tax will now be $6,826.20 ($13,652.40 when you include the employer’s portion). Take a look at these two graphs I put together to […]

And the Winner of “Exile on Wall Street” is…

Tuesday, November 29th, 2011

This is a first. The randomly-selected winner of the latest AFM giveaway winner was commenter #1, Laurie Smith. This is the first time in my 7 years of blogging that the first commenter was randomly selected for any giveaway. Congrats to Laurie. For those of you who didn’t win, I still highly recommend Exile on […]

I’m Back!

Tuesday, November 29th, 2011

I had a nice time off with family. How was everyone’s Thanksgiving? I’ll announce the winner of the book giveaway in my next post.

The Father of the 401(K) Wants to Kill Them Off and Start Over

Wednesday, November 23rd, 2011

NOTE: My wife is off work this week and the kids are out of school. My family is coming to town on Wednesday. So…I’m spending time with the family. I’ll be back next week. I’ll also announce the book winner next week. Interesting piece on 401(K) plans and the guy who helped create them, Ted […]

Please Help Me Welcome a Friend to the Blogosphere!

Tuesday, November 15th, 2011

A friend of mine started a blog to chronicle her family’s march to a debt-free (at least to credit-card free) lifestyle. It takes a lot of guts for her to do what she’s doing. I respect that. I’m hoping that AFM readers will go check out her new blog, Downs With Debt, and offer her […]

A Review of Mike Mayo’s “Exile on Wall Street” (and GIVEAWAY)

Tuesday, November 15th, 2011

I received a copy of Mike Mayo’s Exile on Wall Street: One Analyst’s Fight to Save the Big Banks from Themselves* a week and a half ago. As the title suggests, the book is about his experience as a securities analyst covering banks. First things first. Who is Mike Mayo? According to the inside flap […]

Mike Mayo Interview on Bloomberg

Monday, November 14th, 2011

If you’re not familiar with Mike Mayo, stay tuned. I’m working on a review of his new book. This is an interesting invterview from Bloomberg: Thanks to Ritholtz for the find.

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