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Category Archives: Problems

Icahn vs Ackman

OMG, I just saw a life changing fight on TV!  The billionaire battle between Bill Ackman and Carl Icahn was incredible! During my lunch break, I was watching CNBC and I lucky enough to see the live verbal fight (via phone) between Bill Ackman and Carl Icahn.  It was by far the most incredible thingContinue Reading

Dark Side of an HSA

There is a dark side to the Health Savings Accounts (HSAs) that practically nobody mentions, and today I’m going to speak from my personal experience with this instrument. Dark Side of an HSA If you live on a middle class salary and have a family with kids, an HSA has one huge disadvantage.  It’s subtleContinue Reading

Is it Okay for the Government to Cook The Books

Business has it rough compared to the government!  So I have this question “Is it Okay for the Government to Cook The Books”? First let me say what Businesses aren’t allowed to do! Manipulate the bookkeeping records to alter their financial statements.  In Accounting, this was called “cooking the book” or creating accounting, and thisContinue Reading

The Genius That Thought He Was Stupid

Today I’m going to step outside of the finance and money world and tell a story about a friend that thought he was stupid (actually retarded to use his exact words). First, let me describe my friend’s background… He comes from a broken home, where much of his early life was he constantly moving, whichContinue Reading

Death of Hostess Company And Possible Results

First of, let me say that I think it’s foolish of the Baker’s Union to let the Hostess Company fail.  In my opinion reduced income is better than no income! The Hostess company have filed for bankruptcy before back in 2004.  The cause of the previous bankruptcy was debt!  The debt was comprised of pensionContinue Reading