Happy Halloween everyone! I’m on the porch right now handing out candy to trick or treaters. Unfortunately the rain here seem to be keeping most people inside. The markets looked truly scary yesterday by the way. Looks like we couldn’t get out of October unscathed. Here are some of the best articles of the past week…
And [...]
When one reads typical retirement advice, they’re often told that beginning in retirement they should start withdrawing about 4% of their portfolio for living expenses each year. The 4% rule is standard retirement advice that gets cited all the time since it’s considered a safe withdrawal rate for the average retiree. However, the downside of this plan is that the [...]
This is the second of a series of posts dedicated to properly researching stocks. In my previous post, I examined how to calculate a company’s free cash flow. Today, I’m going to show you how to determine if that cash flow will be put to good use. The company you’re researching can be profitable, efficient and financially sound, however, if [...]
I was really busy at work today so unfortunately I wasn’t able to finish my next post in the Researching Stocks Series. I should be able to finish it up tomorrow, so be on the lookout for it. Just a quick update on yesterday’s post. It looks like the plans have changed for the tax [...]
Senate Plans to Extend, Then Phase Out Homebuyer Credit
Leaders in the Senate are currently working to extend and then systematically phase out the $8,000 first-time homebuyer credit. The credit which was originally destined to expire on November 30th, has helped to boost low-end home sales across the country. Under the proposed extension, buyers closing on their homes prior to April 1st would receive the full $8,000 tax credit. [...]