SEC Looks at Dumping 12b-1 Fees, But…
I just read a short article from Financial Advisor magazine about how the SEC voted unanomously to dump the 12b-1 fee. But, further into the article I read this (bold print mine): the SEC proposes new rules to limit fund sales charges, improve transparency of fees for investors, encourage retail price competition, and revise fund [...]
Taxes We Can Look Forward To
I saw this article on the IBD website about the future of the Federal Income Tax. I’m not looking forward to this future: “The lowest bracket for the personal income tax, for instance, moves up 50% — to 15% from 10%. The next lowest bracket—25%—will rise to 28%, and the old 28% bracket will be [...]
What Will $1 Trillion Buy?
I received a cool email this morning about a Kiplinger slide show illustrating how much $1 trillion will buy. First off, let’s get an idea of how much a trillion dollars is as a number: $1,000,000,000,000 In other words, IT’S A LOT OF MONEY! Back to the email… It contained a list of what $1 [...]
Looking at 10, 20, and 30-Year Rolling Total Returns for the S&P 500 Index
This is part 2 of my series on the S&P 500 Index. Today’s graphics show the rolling TOTAL RETURNS for 10, 20, and 30-years. I found these particular charts interesting to look at (maybe it’s my snazzy color choice?). The dates you see at the bottom of each chart, marks the end of the time [...]
Question of the Day – Paying Your Kids to Read
I have a question for AFM readers: What do you think about paying your kids to read certain books? I’m torn on this issue. Don’t get me wrong. My wife and I do not believe in paying kids to do school work (other than offering them a reward for getting straight As in school). The [...]