If you have read much here at my site, you know I am a Christian and I believe in the 10-10-80 rule of investing. Simply put, it means you give 10% to God first, then 10% to savings (investing, retirement, etc) then you live on the remaining 80%. See my post about it to learn [...]
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Did you know that if you had a real estate foreclosure in 2007, you may not have to pay taxes on any of the forgiven debt? This is new for the 2007 tax year. You see , usually when a house is foreclosed, the bank may not sell the house for enough to pay off [...] Do you know what that means? It makes a difference when you are investing in mutual funds because anytime the funds managers sell some stock inside the fund, you may have a taxable dividend. This is especially important in non-retirement accounts. That is why you need to pay attention to something called [...] I was reading something the other day that made me stop and think. It was some really good information and I hadn’t thought about it for a while. It’s kind of like when you smell something that you really hadn’t smelled in a long time, and it brings back a memory. I remembered a crucial [...] Who gets the money and how much? That’s really what everybody wants to know, right? Well I have tried to “crack the code” on this stimulus rebate money and here are the facts as I understand them. I have to admit, the IRS has gotten a little better in explaining things, but still after pouring [...] |
About Mack
Sometimes counting your change is a great money maker. A play on words - how YOU change is what counts. Helping you make wise financial decisions and helping you keep more of the money you make is what this site is about. |
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