[slickquiz id=3]
Exciting Economics?
Exciting Economics? Most of us think economics is a boring subject which economists themselves label, “the dismal science.” But a 700-page book by the French economist Thomas Piketty has taken the world by storm. The book is called Capital in the 21st Century. What’s all the fuss? Most of the attention-grabbing topics of economics after …Read More
Is Wall Street Rigged?
Is Wall Street Rigged? The CBS news program 60 Minutes on March 30 and a March 31 article in the NYTimes discuss a new book about the US stock exchanges. The opening statement in the 60-Minutes piece is, “Wall Street is rigged.” Is it? If the question is, “Is someone preventing the individual investor from making …Read More
Fundamentals: Tax Rates
Fundamentals: Tax Rates This article is part of a continuing series on fundamentals of financial planning. Taxes are complicated. But understanding and taking action on just a few tax concepts can make a big difference. One of them is marginal tax rates, also called tax brackets. We’re looking at the federal income tax only. John …Read More
Cost of Skipping Last Year’s IRA Contribution?
The Cost of Skipping Last Year’s IRA Contribution? Let’s say Mary is 30 years old, employed, and has no workplace retirement plan available. It’s tax time, and Mary is trying to decide whether to make a contribution of $5,500 to her IRA for last year. How much could that $5,500 be worth to Mary when …Read More