Startup?

May 1, 2010 · Posted in Wealth Building · Comment 

If you are a startup company there is no better place to be than Social Matchbox. This revolutionary meeting brings together all the necessary people to make your new company a success.

Raise My Taxes?

May 1, 2010 · Posted in Economics, Wealth Building · 1 Comment 

I wonder how many of these people actually pay taxes? The IRS recently disclosed that 47 percent of Americans do not pay federal income tax. Must be nice.

Rich Greeks Put Money To Work in London

April 15, 2010 · Posted in Economics, Wealth Building · Comment 

The affluent Greek citizens have found a Zion in London as they flee the train wreck known as the Greek economy. The Wealth Report provides more information on the recent real estate boom fueled by these investors. Does anyone know if the Greeks have also increased their demand for gold and other commodities?

IRS Information on 2008 Incomes

March 26, 2010 · Posted in Wealth Building · Comment 

The most recent IRS data on incomes has just been posted over at irs.gov.

Economists are Cheap

March 11, 2010 · Posted in Wealth Building · Comment 

Earlier this year the Wall Street Journal documented how students change their spending habits after taking an economics course. Justin Wolfers also discussed the matter in his New York Times article.

I have always thought at least a basic education in economics is valuable. If you learn the basic ideas it helps weed out much of the political spin pitched by politicians and special interest groups. The basic economic tenents help you better understand the true value of resources and how they should be allocated.

HT: Carpe Diem

When Credit Card Fees Go Wild

March 5, 2010 · Posted in Law, Wealth Building · Comment 

This lady would have been much better off if she just went into default and was sued by her creditor. Heck, interest on a judgment is usually much lower than that of a credit card agreement.

She was very lucky that an understanding judge heard the case and took the time to review the file. The end result was in her favor.

Discover Bank v. Owens

Warren Buffett’s Letter to Shareholders

February 27, 2010 · Posted in Economics, Wealth Building · Comment 

Warren Buffett has released his latest letter to shareholders. You can get a free copy at Berkshire Hathaway’s website. I suggest you download it and read it.