June 2010
What minimal duties does an investment advisor owe you?
Posted by admin on June 7, 2010 in Investment Information
There is a great deal of debate among policy-makers, regulators and in the blogsphere on whether an investment advisor should be held to a fiduciary duty. In plain English, a fiduciary owes a person a duty of loyalty, not to put his or her personal interest before such duty and not to profit from the [...]
Does the tax code penalize savings?
Posted by admin on June 3, 2010 in Misc.
Larry McDonald has a mini crusade on adopting a flat tax. The proposal most likely encounters more political issues than purely economic ones. But a flat tax is one way of looking to solve the large economic issue. Mainly, we are a society wedded to the urgency of consuming now and have become terrible savers [...]
Do dividend tax cuts actually promote dividend increases?
Posted by admin on June 2, 2010 in Investment Information
Congressional gridlock may make most citizen’s eyes roll but it eventually has consequences to you and I. Much like there is much uncertainty in U.S. Estate taxes due to Congress fighting for the sake of fight, the dividend tax cut of 2003 in the U.S. is set to expire in 2011. In essence, qualified dividends [...]