Archive | February, 2008

Travel

28. February 2008

4 Comments

I love to travel and wanted to go to Europe in the summer, however the current dollar situation is going to make it a very expensive proposition. Currently one euro cost 1.5 dollars, this is just insane. It is very expensive for us to go and enjoy Europe. Most people think that this will only [...]

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Foreclosure to Buy or Not to Buy?

26. February 2008

4 Comments

What do people think about buying a foreclosure? Is it a good idea to buy a foreclosed property? Are there any cons to buying a foreclosure? Where can I find some info on foreclosures? I’m currently contemplating buying a house in the next year and one idea that comes to mind is purchasing a foreclosed property. [...]

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When is the best time to buy shares in a Mutual Fund?

22. February 2008

7 Comments

Mutual funds are not traded throughout the day. When is the best time to buy shares in a mutual fund then? If I initiate a transaction during the day, the prices of the shares in the fund are based on the end of day prices of the stocks in the fund. At least that’s my [...]

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Sweet spot in the crisis

21. February 2008

2 Comments

This is an excellent article from globalpensions on investing. With the U.S. market in turmoil over the sub-prime debt and the weakening economy it maybe a good idea to invest abroad. I’m not an expert on international stocks or markets but it seems logical to try to diversify with international investments. If the pension funds [...]

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TAXES! TAXES! TAXES?

20. February 2008

2 Comments

It’s tax season! How are people doing their taxes? What tax services do you guys recommend? Any new tax laws we should watch out for? I’ve personally been using HR-Block on line. It’s rather easy to use and my information is automatically stored from last year. Also for a small fee my taxes get checked [...]

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Sirius Satellite Radio

20. February 2008

55 Comments

I want opinions on Siri stock. I’m really considering buying some Sirius stock because of the potential merger with XM. If the two companies merge that could potentially mean a huge bump. As of February 19th it has officially been 1 year since the two companies have been fighting for the merge. As the months go by I [...]

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How many credit cards is too many?

15. February 2008

4 Comments

As I was thinking about getting another credit card, it got me thinking “How many credit cards is too many?” I have been thinking about opening up another card, and another soon after that. After looking over my year end summaries on all my cards the majority of my purchases are in categories which do [...]

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7 ways to fight property taxes

13. February 2008

0 Comments

Recently my friend approached me with an interesting question. He bought a house a few years ago at the top of the real estate bubble. Obviously not a smart move but as we say hind sight is 20/20. His house has depreciated in price; however he is still paying taxes on the original price of [...]

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Are IRA contributions tax deductable?

12. February 2008

5 Comments

I just started filing my tax return and thought my IRA contributions were tax deductable. I maxed out my IRA this year putting in $4,000. I get a message from Turbo Tax that it is not deductable because I made too much in that year? Does this sound right?

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Internet Based Free Checking with Interest

7. February 2008

4 Comments

Internet Based Free Checking with Interest

Interest on a checking account is not something people generaly look for. For a checking account people want no fees of any kind and free checks. Most internet banks offer free ATM renbursment. They can offer this service because it is much cheaper for these banks to pay back fees when you use them, rather [...]

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