By: Matthew Arndt, CFA, CPA, CFP | December 21, 2009 | Investor Information
“Importantly, we see no serious broad spillover to banks or thrift institutions from the problems in the subprime market. The troubled lenders, for the most part, have not been institutions with federally insured deposits.” – Fed Chairman, Ben Bernanke in May 2007
Regulators and Wall Street analysts will never be able to foresee any crisis; how [...]
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By: Daniel Chen | December 20, 2009 | Investor Information, Sales Representatives
“About.com” is a website that advocates for consumers through education to assist them in solving all types of problems. The article that is referenced by the link below does a great job in clarifying the difference in two types of Investment Advisors. It also references ” Paladin Registry” as a good resource. Enjoy.
http://moneyover55.about.com/od/findingqualifiedadvisors/a/costofbadadvice.htm
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By: David Hunter | December 16, 2009 | Investor Information
With the markets up and down this year you may have investments that are worth less today than when you bought them. You have the opportunity to realize those losses which can increase your tax deductions. There are limits to how much you can use each year, so ask your CPA or consult a fee-only [...]
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By: Evor Vattuone | December 14, 2009 | Investor Information
I’ve lately been receiving solicitations from very official looking companies stating that they’ll reduce your property tax bills…as long as you fill in personal information and send a check for several hundred dollars. I live in California, so we’re no strangers to greatly reduced property values. Naturally, reducing your property taxes, often by significant amounts, [...]
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By: Matthew Arndt, CFA, CPA, CFP | December 14, 2009 | The Politicians, Wall Street Ethics
One company’s existence can have more impact on things around it than anyone might realize. The year is 2008; AIG appears to be the picture perfect company: strong earnings, exceptional growth, the quintessential symbol of capitalism, and smart management (okay, maybe not so smart). However, on the Eve of the subprime crisis, AIG encounters severe [...]
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By: Matthew Arndt, CFA, CPA, CFP | December 11, 2009 | Investor Information
In order to create a more robust economic environment that can accommodate incompetency at our large banks while rewarding the responsible and penalizing the reckless, we need to change the current state of things and our way of thinking about free-markets. I believe one of the greatest contemporary thinkers on this topic is Nassim Nicholas [...]
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