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SO, WE AVERTED THE FISCAL CLIFF, NOW WHAT?

BLOG, MARKETS & ECONOMICS, TAXES  |  8 Jan 2013

In the last 2 weeks, we have survived the Mayan Apocalypse and the dreaded Fiscal Cliff as we watched 2012 draw to a close. So what does it all mean? Well, since we all survived the end of the Mayan calendar, the world as we know it will carry on. But what does surviving the…

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More Fiscal Cliff Notes

BLOG, MARKETS & ECONOMICS, TAXES  |  7 Dec 2012

More Fiscal Cliff Notes By now you have to believe that everyone is tired of hearing about the “Fiscal Cliff”. We know there is a good chance that this will drag on well beyond the New Year and the effects will likely impact almost everyone in some way. However, the media has really pumped this…

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Are We Headed Off the Fiscal Cliff?

BLOG, MARKETS & ECONOMICS  |  31 Oct 2012

Maybe December 21, 2012 (the date the Mayan Calendar supposedly says the world ends) shouldn’t be the date everyone worries about. Perhaps January 1, 2013 is a greater concern. By now you have most likely heard of the term “Fiscal Cliff” that has been tossed around by just about everyone. I don’t know about you,…

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QE III, So what is all the fuss about?

BLOG, MARKETS & ECONOMICS  |  19 Sep 2012

By now you likely have heard about the latest economic stimulus program that Ben Bernanke & the Federal Reserve have embarked on, known as QE III (Quantitative Easing III). We have previously discussed what Quantitative Easing (QE) is. In a broad sense, QE is essentially a form of open market operations that are supposed to…

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Legal & Financial Paperwork to Have Ready for an Evacuation

BLOG, PERSONAL FINANCE  |  27 Jul 2012

We had been watching the news nonstop for days as the fire raged toward the city line. The smoke plume first appeared Saturday. By Tuesday afternoon, the wind gusts hit 65 m.p.h., and the neighborhoods due west of us were told to prepare to leave. By 4 p.m., as the neighbors and I watched smoke…

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Here We Go Again?

BLOG, MARKETS & ECONOMICS  |  6 Jun 2012

We have written many times over the last couple of years that over in Europe the “can keeps getting kicked down the road”, and that we would still be talking about Europe for some time yet. Well, here we are in June of 2012 and wouldn’t you know it, we are talking about the situation…

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Are We Close To A Bottom In The Housing Market?

BLOG, MARKETS & ECONOMICS  |  7 May 2012

Almost everyone has been affected either directly or indirectly by the collapse of the housing market which began to burst 6 years ago and helped trigger the worst financial panic since the Great Depression. So where do things stand in the housing market today and what does the outlook look like? Of course you have…

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SO, DO WE REALLY HAVE TO WORRY ABOUT HYPERINFLATION?

BLOG, MARKETS & ECONOMICS  |  30 Mar 2012

Many people have declared that high inflation and even hyperinflation is imminent. Then again they have been saying this for several years now and inflation for the most part remains relatively subdued. Conventional wisdom and many on-air and in-print “experts” profess that money printing (i.e. Quantitative Easing, QE I, II, III, etc.) will lead to…

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EARLY LOOK AT POSSIBLE 2013 INCOME TAX CHANGES

BLOG, TAXES  |  29 Feb 2012

2012 not only marks the end of the Mayan calendar, but also the tax cuts of 2001 and 2003 under George W. Bush. With the aspect of likely higher taxes looming in 2013 some Congressional aides have termed the upcoming expiration of the Bush tax cuts as “Taxmageddon”. Are the expiration of the tax cuts…

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Greece – Where are we now?

BLOG, MARKETS & ECONOMICS  |  27 Jan 2012

Since our last post about a month ago, markets around the world have rallied strongly, based on perceived better news out of Europe, but also stronger U.S. economic data, as well as hopes that the Federal Reserve will institute another Quantitative Easing Program (QE 3?). We will try to catch up on some of the…

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