bookie71

The worse hand is the "pat" hand that is second best. ;D

Part of the problem is that the value of a BS degree has been watered down so much it is like a high school degree used to be. By making the BS easier to get, it doesn't make it better. jmho

Unless you have "basis" (nondeductible contributions) in the IRA you would be taxed on the whole amount.

BUT "plagiarism is the highest form of flattery" ;D

Small caps, there is too much summarization in the big companies.

I started "playing' the market about 65 or 66. (One of the stocks that lost big was Solitron Devices) I woke up and began investing in about 1972. Since I was a CPA felt I should use my area of expertise and do it right. No more stories or catalysts for me.

Our library will even download many to your phone via the internet, you don't even have to go there.

If you like history try Truman or 1776 by David McCullough (and read by him). I don't remember who the author is but Lyndon Johnson in the Passage of Power is excellent (about the JFK assassination and LBJ taking over, Civil rights act etc) If you like westerns there are many Louis Lamour books. Mysteries Tony Hillerman has several. Almost any book has an audible. I get most of mine from the library.

Don't knock the tax code, it helped put 4 kids through college. ;D

From doing returns, most pay as much in social security plus medicare as in tax, but don't realize it (or's portion + their portion)

It will never happen as long as we have special interest groups. First folks will say, I have a large family and I need a break. Then the Realtors will want a break for someone buying a home. and so on and then we are back where we started.

Thanks

Read, read, read, then some more reading. They will show up in the dangest places.

About a month before the dot com bubble burst,the State of Alaska Permanent Fund Trustees fired the last "value investor" because they just didn't understand the market.

Gio, Thanks, a good one.

They tried this back in late 70's or early 80's and got so much flack they repealed it. If I remember it was some type of "grandfather election" that we made to keep the amounts over what they felt was "fair".

An app on my smart phone that stops all cell phones within a certain distance from working. Force people to communicate with each other.

Natchez Burning and The Bone Tree should keep you out of mischief for awhile.

The best thing about Dave Ramsey is he helps folks get out of debt. The worst thing is he wants them to use his commission brokers for investing.

If you want to short the housing market then short whoever owns (not services) the mortgages on the houses. When Alaska had it's last bust (in the 1980's) 44.45 % of the banks failed according to FDIC. In 3 years over 10,000 homes were repo'd. Just before this (only a few months) the papers and everyone were saying to buy Anchorage real estate, it never goes down. Bubbles always go on longer than anyone expects, then BAM.

No, we bail them out when they get too greedy :-(

Smaller credit unions - yes to no tax When they start making commercial loans, selling insurance, selling title insurance then tax

The problem is that the credit unions have grown so much. In the early days they were member oriented. When I started my CPA practice in 1974 we were doubled up with the Teachers CU as their new building wasn't finished. The manager came in on a weekend to get some cash for a member who had a death in the family and needed to fly out. That is "service". Wouldn't happen today as too big. The smaller ones are still member oriented.

Alaska USA owns a title insurance company, insurance company, and at one time a trust company. https://www.alaskausa.org/service/ultrabranch/

Gee, I knock out my wife in an elevator and I only get a 2 game suspension. What kind of message does that send to young folks?