Our Financial Blog
The place with helpful tips on your finances!
Rejected!
The surprise (to some) Brexit vote in June of 2016 followed by the surprise (to some) election of Donald Trump may be followed by some equally surprising elections in Europe this year. On March 15th the Netherlands will have a chance to shock the world again with...
How Come THEY Get a Break?!
So, if you are in business, you have to issue a 1099 form to any unincorporated payee that you pay $600 or more to in any one year, or you are legally not allowed the deduction on your tax return. But if you are a casino, that threshold is $1,200 to $1,500, depending...
CALPERS and CALSTRS: What’s Up There?
In today's environment of zero interest, how much of a return do you think you can safely make? 1/2 of a percent? 3/4 of a percent? 1 or maybe 2%? Well, the biggest pension fund in the land, CALPERS, after earning 4.6% annually on their investments over the past...
Switzerland Rebuffs The Euro
Something big happened in Switzerland. The Swiss National Bank (their central bank like our Federal Reserve) surprised the world by uncoupling their unit of currency, the Swiss Franc, from the Euro. This roiled financial markets and put some fx (foreign currency...