One of the most exciting developments in terms of retirement savings for high incomer earners in last year’s Tax Increase Prevention and Reconciliation Act of 2005 (TIPRA, signed by President Bush on May 17, 2006) was elimination of the Roth conversion eligibility limit after 2009. In addition, in 2010 only, the extra tax incurred for …
Making predictions is a tough business, but learn from this master of words, Robert Kiyosaki (RK), on making “accurate” predictions. What does this guy think of the recent stock market right now? When my book “Rich Dad’s Prophecy” was released in 2002, most financial newspapers and magazines trashed it because I discussed a looming stock …
I’ve got some good feed back on my review (Part 1, Part 2) of Zecco.com the online broker with free trades. I was pretty even handed: Zecco does offer free trades as promised and their order execution was reasonable; however, I experienced some problems with withholdings and wasn’t happy with how the reporting was handled. …
Welcome to the carnival of real estate, hosted at 1stMillionAt33. There are over 30 entries. Plenty of readings for anyone interested learning more about real estate. The entries are listed mostly in the submission order by the categories. Please check out the articles that interest you. My personal pick of the week for carnival of …
Welcome to the carnival of real estate, hosted at 1stMillionAt33. There are over 30 entries. Plenty of readings for anyone interested learning more about real estate. The entries are listed mostly in the submission order by the categories. Please check out the articles that interest you. My personal pick of the week for carnival of …
My quest for more dividend paying stocks led me to another category that my partner Frugal wrote about a while ago: oil tanker shipping companies. The short list he gave was: Nordic American (NAT), Frontline (FRO), General Maritime (GMR), and Knightsbridge (VLCCF). Of the group, I like the current chart of NAT (yielding 15.9%) the …
A while ago, I wrote about 529 plans and new tax deductions in some states. Just to recap the basics about 529 plans: Contributions are not deductible on federal returns; however, many states provide a deduction for contribution to in-state plans. Certain states even have deductions for contribution to out-of-state plans. Although the state income …
Gathering from your questions after the first part of this review, there is a lot of interest in Zecco.com and their promise of zero commission trades. In the concluding portion of this review, I’ll describe my impressions about their order execution, answer some reader questions, as well as relay some difficulties I’ve been having. Order …
Welcome to Festival of Stocks #13 at 1stMillionAt33.com. Thanks to all those who participated, and thanks to George at Fat Pitch Financials to give me this opportunity to host. To find out how to participate and host this carnival event, go to the home page of Festival of Stocks. If you’re on my site for …
You probably have heard about Zecco already. The name stands for ZEro Cost Commission. True to their word, they offer zero commission internet trading for stocks and ETFs, for both market and limit orders as long as the account balance is above $2000. There is a limit the number of trades but it’s a more …
