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TechnoratiPOST PUBLISHED INApril, 2010
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Harmful rule changes ahead for Education Savings Accounts?
April 28th, 201005:05 PM ETBy Joseph SlifeOne irritating thing about taxes - and anything related to taxes - is that the rules change with annoying frequency. Case in point: several changes are likely to be forthcoming at year's end for tax-favored Coverdell Education Savings Accounts (ESAs). Certain provisions enacted by a Republican-led Congress in 2001 are set to expire, and at thi... -
The difference between saving and hoarding
April 22nd, 201009:09 AM ETA few weeks ago, I applauded the work ethic of the lowly ant - how it prepares for the future, storing up provisions for a later time. The Bible twice mentions the ant as an example of working hard to prepare for the future (Proverbs 6:6-8 and Proverbs 30:25). But as Campus Crusade for Christ founder Bill Bright used to say, "Your biggest stre... -
"Three questions to ask of a top-performing mutual fund"
April 13th, 201010:26 AM ETBy Austin PryorA few days ago, I asked if you were on the outside looking in as the market continues its long and steady advance. If so, you're not alone. MarketWatch writer Chuck Jaffe points out that while the S&P 500 is up about 50% over the past year (from 3/31/09 through 3/31/10), relatively few investors have been along for the ride. Jaffe provides d... -
Tax Freedom Day!
April 09th, 201010:37 AM ETBy Austin PryorToday is a big day. After laboring for the first 98 days of 2010 at the behest of our governments, today we escape the bonds of servitude. This is Tax Freedom Day: That means Americans [have worked] well over three months of the year, from January 1 to April 9, before they [had] earned enough money to pay this year's tax obligations at t... -
Are you as money smart as a bug?
April 07th, 201004:10 PM ETBank deposits were up 13.5 percent, or $641 billion, in 2009, according to this piece on MoneyRates.com. That's a prudent move. Many Americans were caught short by the recent financial turmoil. Now, we seem to be learning to save again. But it gets even better. A joint survey by MoneyRates.com and GetRichSlowly.com found that out of the 1,629 ... -
Foolish talk
April 01st, 201012:34 PM ETBy Joseph SlifeThis is April Fools' Day, but of course we're much too mature at Sound Mind Investing to play silly pranks on each other (ahem). Instead, we have engaged ourselves in a high-minded philosophical discussion of foolishness, recalling famous quotes about fools. Here are three you'll probably recognize: "A fool and his money are soon parted" (Engli...
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