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1
Acting during the Recession
2
Trash is King
3
Investing Lessons We Can Learn
4
Incentive Stock Options (ISOs) and Income Taxes
5
Filing Past Due Tax Returns

Acting during the Recession

It’s abundantly clear that our economy is ailing.  So everyone can sit around and whine about it, criticize the people who are working toward a improving the economy, or be part of the solution.  Which action do you choose?

The media seems to be divided into two camps.  Some journalists are part of the solution by keeping their audiences informed of opportunities in markets, government programs, and the private sector.  Others seem to be finding satisfaction in preaching the end of the financial world to anyone who will listen.  This latter group seems to have lost their Thesauruses.  The least …

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Trash is King

image by: http://www.flickr.com/photos/xjy/51519638/

image by: xiyxiy

Since the recent stock market rally began on March 9th, the S&P 500 is up 28%. Interestingly, the market sectors that were beaten down the most since the crash that began on October 9th, 2007, are the sectors that have performed the best during the current surge. Financial stocks, down about 70% during the market pullback, are now up 76% from their market lows. Industrials, which dropped 50% during the decline, are now up about 45% since the recovery.

It had been widely believed that the best place to be whenever stocks recovered would be high-quality companies …

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Investing Lessons We Can Learn

I don’t blame the Madoff investors for investing in his hedge fund. Truth is, we all make some mistakes when investing. But, like Ben Franklin used to say; “Experience keeps a dear school, but fools learn in no other.” It makes sense to take a critical look at the way Madoff set up his scheme, then figure out how to avoid the mistakes his investors made.

Why Madoff had such a successful scheme

First and foremost, Madoff had a lot of credibility. He created an over-the-counter trading firm in the 1970s and was the chairman of the NASDAQ stock exchange. …

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Incentive Stock Options (ISOs) and Income Taxes

There are a number of companies (mostly in high-tech) that reward their employees with a form of deferred compensation called incentive stock options (ISOs). The tax rules for these stock options are complicated, but if you receive this kind of benefit, you need to understand the basic rules for them to be able to use them effectively. For some time I’ve wanted to discuss how profits from stock purchased via ISO exercises are taxed. This post, which will be the first of two parts, is more of a primer than an exhaustive discussion, but I hope it will be useful.

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Filing Past Due Tax Returns

If you filed your tax returns on time the April 15th filing deadline may seem like a distant memory. However, if you filed an extension or missed the filing deadline, the idea of filing a past due tax return should be fresh in your mind.

If you have tax returns that need to be filed you are not alone. It is not uncommon for some taxpayers to go one or more years without filing a tax return. Many times I have seen that a taxpayer fails to file a tax return in a year when financial and life circumstances changed. …

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