What deduction will you lose in Trump tax plan?

| April 26, 2017

CNBC posted a simple chart in their article looking at #taxreform, cuts and simplification as to what deductions might be eliminated.

Investors sure do love to hear about tax reform and tax cuts

| April 26, 2017

What a start to the week for the stock market! There is optimism that something "will" get done with taxes, unlike #RepealAndReplace legislation. The news is that President Donald Trump will be unveiling his proposal to cut corporate taxes on US companies’ foreign profits and slash the top tax rate has investors in the "buy" […]

Saving money takes discipline – 20 ideas on Fox Business.com

| April 22, 2017

My favorite news network shared 20 excellent tips for saving money (by Daniel Kline, who writes for the Motley Fool). I highlight a favorite below. Saving money takes discipline It means forgoing things you want and making tough choices, which can be tough in our consumption-focused society. However, saving money can make it easier to […]

Reading Predictably Irrational on a Kindle and some humor

| April 19, 2017

My friend Jeff and I try to get together for a Friday lunch once or twice a month. We often discuss work, politics and management, particularly as it relates to his job and potential advancement … although we recognized the limited number of years for that second part. Anyway, one of the books he is […]

A three day reprieve on Tax Day, but …

| April 18, 2017

… the IRS bite feels just the same.

A couple of banks running like well oiled machines #sarcasm

| April 6, 2017

The banking giant Chase is not alone in their inefficiency — they mailed me a 1 cent check by first class mail (below) — since local Fifth Third Bank continues to send me a paper statement a decade after trying to close an old 529 college savings account. I’m not sure how many dollars have […]

It is time to get serious about working on and filing taxes

| April 2, 2017

The beginning of April is one of my least favorite times of the year … tax time … but for a couple reasons, next year should be better. This is the last FULL year to file for MomH and her trust return. We should see lower tax rates for 2017 (if retroactive?) Republicans are advocating to simplify […]

Economy and robust 1st quarter 2017 for stock market

| April 1, 2017

The “Trump Rally” as many have dubbed it, provided investors with solid quarterly gains as a brighter economic outlook offset the lackluster Washington DC agenda which has become bogged down in politics.  Investors still believe job growth, better corporate financial returns and tax cuts will over shadow the Fed “applying the brakes” in the form of higher […]

So much for economical tax preparation software this year

| March 26, 2017

Two years ago, Intuit’s Turbo Tax software tried their "money grab" in attempted to strong-arming their long-time and new customers into paying substantial more to use their software to file their 2014 taxes. The CEO took to the Internet and made an apology and stepped up to Intuit’s greedy "mistake." One would think that competitors […]

TechFriday: Lots of hype, lots of early backers for MAGFAST

| March 24, 2017

A couple years ago I backed Seymour Segnit’s ThingCharger project and was very pleased with the "plug-charger" gizmos. After learning from his previous launch, the sharp marketer is giving a new "system project" a try. Take two, if you will. This time he has added and improved the earlier design and added a "kit" worth […]

FoxBusiness is growing because of talent like Maria Bartiromo

| March 2, 2017

This kind of interview and polite exchange with Jason Furman is what make Maria Bartiromo one of the best in the business … and why FoxBusiness is beating CNBC. They are now the business news powerhouse … not to mention their sister channel FoxNews had more viewers than any other network during President Trump’s speech […]

Tired of the financial markets making new record highs?

| February 21, 2017

Once again the US Financial market rose to new record highs on Tuesday as the Trump rally continues to encourage investment and hope for earning, regulation reductions and tax relief. Likely those three biggies will either get done and satisfy investors or disappoint with a delay and trigger a sell-off. Who knows if congress can […]

Presidents Day: Leaving behind debt (as a share of GDP)

| February 20, 2017

Happy Presidents Day … if you can still smile after the lack of discipline and leadership.  

Federal Income Taxes – what changes are in store for 2017?

| February 16, 2017

Unless you’ve had your head in the sand pile, you know that there is a shake-up happening in Washington DC since the election of President Donald Trump and his taking office less than 1 month ago. Much of the economic optimism seen by new records on Wall Street, job incentives and both interest rates and […]

Apple is sitting pretty again after reporting earnings

| February 1, 2017

After the stock market closed yesterday, Apple $AAPL reported their fiscal first quarter earning and shocked even the most bullish in the crowd. Their iPhone 7 sales help them deliver record earning, no doubt due to Samsung’s battery issues (Android users switching to Apple iOS). Considering Apple make a lot more than phones, it is […]

The Elio Motors confusing reservation structure

| January 16, 2017

The Elio came up in a discussion and the question came up, "how much will it really cost?" That’s when I realized just how confusing the low price point could be. Gone is the much marketed $6800 car as the current reservation price is $7300 … at least for about 1000 more orders. There is […]

CVS Generic Competitor to EpiPen for $109.99

| January 12, 2017

CVS is now selling a rival, generic version of Mylan’s EpiPen at about a sixth of its price, just months after the maker of the life-saving allergy treatment was eviscerated before Congress because of its soaring cost to consumers.The drugstore chain says it will charge $109.99 for a two-pack of the authorized generic version of […]

Tech – Jobs Friday: Wages up, but a tepid 156K nonfarm job rise

| January 6, 2017

U.S. employment increased less than expected in December, but wages are rising, ever so slightly after a long stagnancy. Most economists are positive since they say we only need to create 56,000 jobs per month to keep up with current levels of new entrants in the job market. Others will point out that our job […]

Investing to and past DOW 20,000 under a President Trump

| December 23, 2016

We still have a week of trading before closing the books on 2016, but those last few DJIA psychological points to 20,000 have proven evasive. Thursday’s 23 point decline, after the steady climb since the election, has a few gurus thinking the Trump Rally may be ahead of itself?  Some are looking at current corporate […]

Debt, Bankruptcy and Loan Forgiveness — a personal rant

| December 15, 2016

Forgiving debt and bankruptcy options aren’t new, but those of us who strive to "play by the rules" often feel like suckers when it comes to bureaucrats playing fast and free with tax dollars … or with OPM. While it is understandable that our society wants to be compassionate and lend a helping hand to […]

U.S. Stocks Post Biggest One-Day Rally Since Election

| December 7, 2016

U.S. stocks charged to fresh highs, with major indexes logging their biggest one-day rally since the election. See WSJ story.

How much longer will the Trump Rally last?

| December 5, 2016

The exuberance is everyway if you listen to the talking heads on cable business news shows as all but "one" component of Pres-Elect Donald Trump’s platform is good for business, jobs and the economy. Unfortunately it is the component that the media and Twittersphere is currently focused on … a 35% tariff on U.S. companies […]

Ugly election, Middle East unrest, Economy – October surprise?

| October 18, 2016

Maybe it is just me being a little nervous, but there are a lot of potential triggers for panic. The craziest presidential election I’ve ever seen, a stock market that has risen longer than average between recessions (with tepid economic growth), unrest in the middle east (of course always on fire) and both the Chicago […]

Everybody thinks they are an economist … including me!

| October 16, 2016

I love simplicity … so when tossing around political footballs, I generally join the team that at least "attempts" to simplify government and taxes. I’m not naïve enough to believe it will ever happen or even work well, but after filing personal (for friends and family), organizations and business taxes for years, it would sure […]

Phone scams, Do-not-call lists and IRS fraud

| October 4, 2016

Mail fraud and phone scams are ongoing problems if you live in the U.S. unless you are lucky enough to exist under a rock. Throughout the years I’ve been targeted by shady hoodlums looking to make a quick buck using fraud and deceit as a way to access money or more information. Likely these criminals […]

Books and WSJ page: Trumped! A Nation on the Brink of Ruin

| September 27, 2016

After watching David Stockman on Wall Street Week this past weekend, I was intrigued enough in his message of economic panic to pick up the Kindle version of his latest book. Although he is not new to the "Henny Penny" view that economically we can’t continue on the current path, hearing and reading his analysis […]

Salesforce.com rumored to be expressing interest in Twitter

| September 23, 2016

While Twitter shareholders seemed to like the rumor of Salesforce.com showing interest in $TWTR, those holding shares of $CRM are not quite as enthused. This has happened before so we’ll see if there is any real substance … OR if others might be interested? Google??? Salesforce.com Inc. is considering a takeover of Twitter Inc., according […]

iPhone7 preorders are strong for $AAPL at Sprint and T-Mobile

| September 13, 2016

T-Mobile US  said on Tuesday that pre-orders for Apple’s  iPhone 7 and iPhone 7 Plus broke the company’s record and Sprint (S) said they were almost four times greater than last year. Pre-sales of the phone, which started on Friday, were up fourfold from the next most popular iPhone and set a single-day sales record […]

What does Warren Buffett read?

| September 11, 2016

A WSJ article posted about a year ago listed 11 books recommended by legendary investor Warren Buffett … interesting choices. Some are expected, others surprising. The Intelligent Investor, by Benjamin Graham. Of this classic tome on value investing, Mr. Buffett once wrote: “Picking up that book was one of the luckiest moments in my life.” […]

Using Home Equity as a bank or as a credit card?

| August 26, 2016

Using the equity in a home isn’t anything new, but I’m old enough to remember when "we" first started to tap into home equity with Home Improvement Loans. "Back in the day" IRS deductions for interest on consumer credit (car loans, revolving credit, signature loans) were being phased out for all but home mortgages. Creative […]

Again, $TWTR is great for traders, not so much for investors

| August 18, 2016

If I were a bit more savvy and listened to my own advice, I would have traded Twitter ($TWTR) for a few dollars this week. On a downgrade to a SELL by Evercore ISI analyst Ken Sena, shareholders listened and poured their sell orders onto the exchanges after seeing shares climb the last few days […]

Our BMW X5 35d loves cheap diesel fuel ;-)

| August 14, 2016

First let me qualify, this is the discounted United Dairy Farmers (UDF – Mobil) price for diesel … but I’m not complaining about $2.14 either (current Aug 2016 price). It isn’t like we need an excuse to buy milkshakes, but their summer promotion in discounts fuel is the little push I need to bring home […]

Twitter investors and stock traders see different things $TWTR

| August 11, 2016

Get hammered, bounce back. After promising news of more live event streaming, and peppering in a few buyout rumors, $TWTR could really be off to the races (again). It’s a chart only a "trader" can love … since investors question Twitter’s business model and management. A chart for the summer of 2016 tells the tale. […]

The UK out of the EU. Cameron Resigns. The #BREXIT recoil.

| June 24, 2016

Financial markets around the globe are reeling Friday morning from yesterday’s historic BREXIT vote in the UK as the people have chosen to exit the EU. Big picture is that life has not improved for citizens of Britain under the real or perceived central control — some suggesting it is "their" Independence Day. Even though […]

How to offend readers, followers and magazine subscribers

| June 2, 2016

Kiplinger has long been one of the many websites who’s content, along with their magazine, that I’ve enjoyed reading. I follow several contributors to their content on social networks and complained recently that I disliked their multi short page approach for reading content. I’m sure they want to generate "clicks" and therefore break and article […]

Buy Apple (AAPL) and hold it for the long haul

| April 29, 2016

It has been a rough couple of days for Apple ($AAPL) shareholders as growth this past quarter was elusive. Most blame the global economy, and in particular China, for the weak quarterly numbers. It does remind me of late 2012 and 2013 when analysts questioned whether management had lost their way. The same is happening […]

Elio Motors’ shares launch on OTCQX

| February 20, 2016

Time to keep an eye on this small company … really hoping it can keep promises and start producing a $6800 three wheeled car without too many hiccups. Shares will be traded on the OTCQX under the ticker ELIO according to a press release.  

Financial markets — Yesterday down, Friday up?

| February 12, 2016

Markets gave back yesterday’s losses today as some thought the selling was a little too panicked. A bit of news from the oil cartels about curtailing output had oil move up and that kicked off a wave of buying the beat up stocks.The close is near in the posted charts and the close for the […]

Cheap oil, negative returns and a confused Fed

| February 11, 2016

Markets took a wild ride today on very weak economies around the globe and oil dropping to nearly $26/barrel. UAE minister hinted at OPEC talking about production cuts, the markets Aftercame back from its lows. The pain was particularly hard on banks as monetary policies in more nations move into negative returns (negative interest rates) […]

Learning the New American way of Life in the Obamaconomy

| February 8, 2016

It is well past time that we elect representatives with a little more commonsense than the ones who churned out “feel good” public assistance help from Washington DC and many state houses. They love handing out “other people’s money.”  Perhaps they think of themselves as do-gooders and either, don’t see or don’t care, that  the […]

Desultory - des-uhl-tawr-ee, -tohr-ee

  1. lacking in consistency, constancy, or visible order, disconnected; fitful: desultory conversation.
  2. digressing from or unconnected with the main subject; random: a desultory remark.