President-elect Donald J. Trump’s decision to pick Steven Mnuchin, a former Goldman Sachs partner, as the next Treasury Secretary is driving hopes on Wall Street that government sponsored mortgage giants Fannie Mae and Freddie Mac will be privatized in the new administration. “We’ve got to get them out of government control,” Mnuchin told Fox Business News on Wednesday morning....more>>>
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Why Jack Bogle Prefers Index Funds to Index ETFs
At its last policymaking meeting for the year, the Federal Reserve raised interest rates for the first time in 12 months and, to the surprise of the market, indicated it could raise rates three more times in 2017, not the two....more>>>
Investors just got an unwelcome wake-up call.
After snoozing through most of August, the stock market roared back to life Friday as major indexes witnessed their worst plunge since the days following Brexit.
Following the S&P 500s drop through key support levels, analysts expect more downside pressure in the week ahead as investors brace for the possibility that interest rates....more>>>
Red Hat – One of the more interesting menus in the IT universe
I do not think I have ever made much of a secret that among other passions like my enjoyment of American Standards, one of my keenest interests is the enjoyment of food and wine. And sooner or later, if you love food and wine and have the ability to get there, Burgundy is an inevitable destination. I once spent more than....more>>>
If you plan to sell a substantially appreciated asset, property or business, you can save money with what’s called a two-year installment sale. Basically, it’s a double-sale strategy to create a taxation timing gap between when the asset sale proceeds are received and when they’re taxed.
See Also: The Most-Overlooked Tax Deductions
Here’s how it works: You....more>>>