Archive for November, 2011« Previous Entries
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 [...]
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 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.
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 [...]
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 [...]
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 [...]
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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