Over the last several evenings I have had the opportunity to spend time with a former Options Market Maker and Floor Specialist, who traded on the floor of the Philadelphia options exchange for over 24 years. The purpose of my…
Next week is one of the more interesting weeks of the year as many financial items align, not only for US tax filer’s, but for our firm as well. Earnings Season (90 day treadmill) un-officially kicks off Monday with Alcoa “AA”,…
This morning I perused my normal 15 electronic newspapers in expectation of dramatic comments concerning the passage of Healthcare reform. Not surprisingly, the lead story in almost all sources was/is the Healthcare Reform vote, but surprisingly there is little detail on the…
Tomorrow (Wednesday February 24th, 2010) the Sec will vote on re-implementing the Short Sales Rule that was banned in 2007. We very strongly, and alone, on an island, as we many times are, warned that the repeal of this rule might have…
The IRS requires those of us age 70 1/2 or above to take out a Required Minimum Distribution or RMD each tax year. In the year 2009, RMD’s were waived as part of an investor relief program. For 2010 this…
As the calendar turns many investors begin reviewing their annual returns as well as returns of various other investments. Frequently, this time of the year we hear of miraculous returns of a manager, company, or fund. Many times leading a flurry…
This is the time of the year that we all take a moment and reflect on the things we want to do different and better for our New Year. We are digressing from the usual health, weight, and family ideas, to give you…
The race is on to hammer out a new Estate Tax Exemption amount prior to the end of the year, 12-31-09. As a refresher on this tax; Estate Tax is the tax owed the Federal Government when the last heir of…
As a quick update from last weeks humorous duo of fabricated personalities, we wanted to give you a quick status report. It appears as if “Sammy the Spender” did make a few runs to the store, but was trumped by “Suzie…
Yesterday (Black Friday Looms-”Sammy the Spender” and “Susie the Saver”) we introduced a few casual seasonal thoughts concerning our interest in “Black Friday” and also our hopeful busy appearance of a cheerful character, “Sammy the Spender” as an investor’s and analysts best friend. Today…
