How to Sell Your Scrap Gold
The price of gold is climbing again to about $1,800 per ounce, close to its all time high of $1,895 on 9/6/11, so many people are thinking about selling their old gold jewelry they have lying around. If you are interested in selling yours, here are a few tips to help you get the most for… Read More »
Financial Diligence Is Required More Now Than Ever
Various news sources last week reported that inflation-adjusted median incomes haven’t increased since 1995. The recession is partly to blame, since many higher paying white-collar jobs are gone. Over the past 20 years many factories have moved overseas, so higher paying blue-collar jobs are rare. As if those challenges aren’t enough, those with modest incomes have a… Read More »
Credit or Gift Card Positives, Negatives and Innovation
The banking industry has never been known as innovators or centers of creativity, that’s why an article in the Wall Street Journal caught my attention today: Ice-Cream Bank’s Rocky Road. I’ll get to the article in a moment, but my gripe with credit cards and gift cards is that although they provide a definite convenience,… Read More »
Low Cost Hearing Aid Solutions
Yesterday’s Wall Street Journal had an interesting article about some lower cost alternatives for people with hearing loss. Some people can’t afford FDA approved hearing aids, since they often cost up to $4,000 a pair; often insurance doesn’t pay for them either. According to the article, 20% of 36 million Americans suffer from hearing loss, so these… Read More »
College Education Tax Deductions and Credits
If you have a child that will be going to college, it is a good idea to become aware of the various tax credits and deductions that may be available to you. These have been around a while; they include the HOPE Scholarship Credit and the Lifetime Learning Credit created by The Taxpayer Relief Act… Read More »
Do It Yourself Investing Options
You have some money to invest, and you are not sure where to turn? I get asked all the time, from people that have some money to invest and they don’t know where to turn. If they have several hundred thousand dollars or more, they can command more attention and higher levels of service, but… Read More »
Friday Blog Roundup
Around the financial blogosphere there were several noteworthy articles that I thought were worth reading: Free Money Finance is one of the premier financial blogs had a good listing of Best Cash Back Credit Cards, great help for those who use cards judicially, and want to earn more bucks back Five Cent Nickel has the Money-Saving… Read More »
Obama Versus Romney Tax Rates
The presidential race tax debate faces Romney’s lowering them 20% for all, versus Obama’s increasing them for those in middle to higher incomes. For quite a while the tax burden has continued to shift to higher income people, and those on the opposite end pay less and less taxes, per the Wall Street Journal. If you… Read More »
LeBron X $315 Nike Sneakers, Really!
Nike announced they will soon be releasing $315 dollar basketball shoes, named after the famous, or if you are from Cleveland infamous, all-star, Olympic Gold-Medal winning, national championship, basketball player. The shoes are great! They are endorsed by one of the top players in the game, LeBron James; they have a unique design; and they… Read More »
Roth IRA Withdrawal Rules
Roth IRAs which I wrote about a few days ago are good for supplementing one’s retirement and growing tax-deferred until retirement. This article doesn’t cover the rules regarding IRAs that were converted into Roths. The rules are quite a bit different, than they are for traditional IRAs withdrawals. The differences compel many to seriously consider Roth IRAs,… Read More »
