N.B. I am not a financial advisor
Most financial advisors are little more than leeches, telling you whatever they think you want to hear so they can earn their commissions. Learn to invest for yourself. You can do it. Hopefully this blog will contribute to that a little bit.
Thursday, December 30, 2010
U.S. Companies Saving Billions Using Tax Schemes With Names Like 'The Deadly D'
![]() | U.S. Companies Saving Billions Using Tax Schemes With Names Like 'The Deadly D' | |
What nobody's saying publicly is that U.S. multinationals are already finding legal ways to avoid that tax. Over the years, they've brought cash home, tax-free,... |
Labels:
income tax,
multinational
As First Boomers Retire, Many Facing Personal Finance Disasters
![]() | As First Boomers Retire, Many Facing Personal Finance Disasters | |
Through a combination of procrastination and bad timing, many baby boomers are facing a personal finance disaster just as they're hoping to retire.... |
Labels:
boomers,
investing,
personal finance,
savings
Monday, December 13, 2010
A Secretive Banking Elite Rules Trading in Derivatives
On the third Wednesday of every month, the nine members of an elite Wall Street society gather in Midtown Manhattan.
The men share a common goal: to protect the interests of big banks in the vast market for derivatives, one of the most profitable — and controversial — fields in finance. They also share a common secret: The details of their meetings, even their identities, have been strictly confidential.
In theory, this group exists to safeguard the integrity of the multitrillion-dollar market. In practice, it also defends the dominance of the big banks.
Read more: http://www.nytimes.com/2010/12/12/business/12advantage.html?pagewanted=1&_r=2
The men share a common goal: to protect the interests of big banks in the vast market for derivatives, one of the most profitable — and controversial — fields in finance. They also share a common secret: The details of their meetings, even their identities, have been strictly confidential.
In theory, this group exists to safeguard the integrity of the multitrillion-dollar market. In practice, it also defends the dominance of the big banks.
Read more: http://www.nytimes.com/2010/12/12/business/12advantage.html?pagewanted=1&_r=2
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