Sat, July 16, 2011
The continuing impasse between Democrats and Republicans on raising the US debt limit before August 2nd prompted a major ratings agency to place the nation’s AAA rating on credit watch this week, suggesting that the rating might be lowered even without an outright default. Read the full article
Fri, July 15, 2011
One of the key risks that retirees face is the possibility of outliving their incomes. In a report released earlier this month, the US Government Accountability Office concluded that although almost 75% of retirees start taking Social Security benefits before age 65, many workers would have a significantly better chance of a successful retirement if they worked longer and waited to start collecting Social Security. Read the full article
Thu, July 14, 2011
The rules for benefiting from the home office deduction are complex, but this shouldn't discourage taxpayers entitled to the deduction from using it. Read the full article
Thu, July 07, 2011
iShares chief investment strategist Russ Koesterich has written an engaging, insightful book explaining the magnitude of the problem that the United States national debt presents for investors. The full title of the book is The $10 Trillion Gamble: The Coming Deficit Debacle and How To Invest Now. Read the full article
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