From the category archives:

Financial Terms & Definitions

by Ryan on April 10, 2009

Maybe a National Tea Party (http://www.teapartyday.com/) is exactly what we need. 
The government continues to implement the flawed and dangerous bailout of US banking, insurance, and auto makers, despite the objection of a growing majority of the citizenry of the nation.  Many in the government see additional Federal regulation, increased taxes, and government control of private business is the solution to our current economic woes, I however see it as a recipe for disaster. 
It is one large step closer to a socialist government and the end of the US our parents and grandparents fought so hard to build.  Has our largesse (defined as a generous bestowal of gifts) from the public coffers grown to large?  Have the various parties of our government realized that spending money means staying in power?
The following quote sums it up best:

“A democracy cannot exist as a permanent form of government. It can only exist until the voters discover that they can vote themselves largesse from the public treasury. From that moment on, the majority always votes for the candidates promising the most benefits from the public treasury.” – attributed to Alexander Fraser Tytler, (October 15, 1747 – January 5, 1813).

Maybe it is time for another tea party…

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by Ryan on April 10, 2009

Maybe a National Tea Party (http://www.teapartyday.com/) is exactly what we need. 
The government continues to implement the flawed and dangerous bailout of US banking, insurance, and auto makers, despite the objection of a growing majority of the citizenry of the nation.  Many in the government see additional Federal regulation, increased taxes, and government control of private business is the solution to our current economic woes, I however see it as a recipe for disaster. 
It is one large step closer to a socialist government and the end of the US our parents and grandparents fought so hard to build.  Has our largesse (defined as a generous bestowal of gifts) from the public coffers grown to large?  Have the various parties of our government realized that spending money means staying in power?
The following quote sums it up best:

“A democracy cannot exist as a permanent form of government. It can only exist until the voters discover that they can vote themselves largesse from the public treasury. From that moment on, the majority always votes for the candidates promising the most benefits from the public treasury.” – attributed to Alexander Fraser Tytler, (October 15, 1747 – January 5, 1813).

Maybe it is time for another tea party…

{ 0 comments }

May 27, 2009

Why does it matter if your financial advisor treats you as a client or a customer?  The answer is simple: the two words are legally very different and convey different rights.  A customer is defined as “a person who buys goods or services from another.”  A client is defined as “one under the care, protection, [...]

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September 4, 2009

Capital Gains Tax – The amount of tax charged on the earnings of an investment.  Normally gains are classified as short-term (less than one) or long-term (more than one year) based on how long you had the investment.  As of September 2009, Capital Gains Tax is charged at 15% by the federal government for long-term [...]

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September 25, 2009

“Twittering To The Top” –  Social networking sites like LinkedIn, Facebook and Twitter can be great business builders for financial advisors. You just have to be smart about it.  Published Jul 1, 2009 12:00 PM, by Elaine Pofeldt

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April 6, 2010

My last article focused on tax savings tips, unfortunately, I haven’t even started on my 2009 tax return.  Needless to say, I’ll be filing for an extension instead of rushing to finish and file my 2009 tax return by April 15th. If you’re in a similar situation, you may want to file a Form 4868, [...]

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April 6, 2010

My last article focused on tax savings tips, unfortunately, I haven’t even started on my 2009 tax return.  Needless to say, I’ll be filing for an extension instead of rushing to finish and file my 2009 tax return by April 15th. If you’re in a similar situation, you may want to file a Form 4868, [...]

0 comments Read the full article →

April 6, 2010

My last article focused on tax savings tips, unfortunately, I haven’t even started on my 2009 tax return.  Needless to say, I’ll be filing for an extension instead of rushing to finish and file my 2009 tax return by April 15th. If you’re in a similar situation, you may want to file a Form 4868, [...]

0 comments Read the full article →

April 6, 2010

My last article focused on tax savings tips, unfortunately, I haven’t even started on my 2009 tax return.  Needless to say, I’ll be filing for an extension instead of rushing to finish and file my 2009 tax return by April 15th. If you’re in a similar situation, you may want to file a Form 4868, [...]

0 comments Read the full article →

April 6, 2010

My last article focused on tax savings tips, unfortunately, I haven’t even started on my 2009 tax return.  Needless to say, I’ll be filing for an extension instead of rushing to finish and file my 2009 tax return by April 15th. If you’re in a similar situation, you may want to file a Form 4868, [...]

0 comments Read the full article →