Directive

Go buy tons of stuff from here:
http://astore.amazon.com/vegonama-20

Directive

Go buy tons of stuff from here

Gaming the Taxable Income

Hey all.

The truth is out. I have learned what those those mysterious things called "tax brackets" are. They are shown here. Bring on the gaming of the tax system.
Here's the issue:

Imagine if you and your spouse make 130,000 combined. Then you get a huge raise and next year make 134020.

This means that the government will tax you an extra 3% and then you'd be back to making only 130,000 again.

If there was nothing you can do, it would be fine to just accept it. However, there is something you can do.

You have a several buttons on our game pad you can press throughout the year to change your "Taxable Income." The game you are playing is like Sonic the Hedgehog and the little shiny rings are % of your money you take back from the government. If you don't grab enough rings, it's game over. If you get enough you get a 1Up and free extended play. Only 50 rings is worthless, but 100 gets you something.

There are many buttons your can press. They include:
- Contribute more to a 401k.
- Contribute more to charity.
- Flex spending
- Health plan

a little bit of language here, but this presentation does a very good job of succinctly explaining the subprime crisis: http://docs.google.com/TeamPresent?docid=ddp4zq7n_0cdjsr4fn&skipauth=true&pli=1

Here we go

I don't know about you, but I am PSYCHED that the stock market is going down. Why? because there is going to be another year where the stock market goes waaaaay up and when that happens life will be good.

Here's my evidence. Every single one of these mutual funds has only had one negative year between 2000 and 2006, and then the next year there were some huge gains.
http://finance.yahoo.com/q?s=DODGX (lost 10% then gained 32%)
http://finance.yahoo.com/q?s=NVSOX (lost 18% then gained 36%)
http://finance.yahoo.com/q?s=CRIMX (lost 16% then gained 41%)

If history repeats itself, we will be out of this quagmire and into soaring profits once again!

Just for completeness here are some that had more than 1 negative year :
http://finance.yahoo.com/q?s=FDIVX
http://finance.yahoo.com/q?s=VINIX
http://finance.yahoo.com/q?s=VEXAX

Joke of the day

Here's the joke. I hope it makes you chuckle.

Here is where my company automatically put my funds when we switched management companies:


Notice, no morning start rating, no historical performance either. Great, so maybe I will look at the prospectus:



Here is the screen I found. Notice the footnote: "Fund prospectus not requires for this fund" Ha!
What the hell!

New Year - New Challenge!

Gents, I wish you all a Happy New Year and in this year I also issue forth a challenge!

http://ppx.popsci.com/

We all start on January 12th to allow enough time for preliminary research (or throwing enough dice to get a statistically satisfactory set of data results).

We all start with the same amount, but let us see where we are 1, 3, 6, and 12 months.

Should fun, time consuming, and hopefully educational.

This is my challenge to you all.