I am a great believer that we were not put on this earth to survive: we are here to live. With that, it's only human to want things: necessities like clothes, housing and food. Then, we look at the difference between the "needs" and the "wants..." and there's nothing wrong with wanting stuff: jewelry, a…Read more
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Just so you don't think the USA has all the tax problems of the world, consider this: France has a plan to put in place a millionaire's tax for those with over a joint income over $1.3 million dollars, at a rate of 75%. Now before you laugh because of the limits, consider these thoughts:…Read more
For most of your working life, most contributions made toward your impending retirement has been to a qualified plan, meaning a plan that allows you to take a tax deduction in the current year of contribution as in a Traditional IRA, or in the case of corporate working folk, their 401(k). There are two phases…Read more
The fourth quarter of 2012 was a quarter filled with worldwide events that had a profound effect on the markets and beyond. Global growth continued to disappoint and remain below trend, as it has been for some time now. Of primary drivers were a sharp slowdown of growth in Japan, and the continued problems…Read more
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