My friend that won the house ran into one problem with her great score! Taxes!!! The $200,000 that my friend won in the post “My friend won a house“, had the taxman at her door wanting his fair share! Luckily my friend “Sis” wasn’t making as much money as she does now. But still the… Continue reading The Catch With Winning A Free House
Category: Taxes
Cash For Clunkers Program
I had to think long and hard about not buying a new car, after hearing about the “Cash for Clunkers” government program. In the end I decided not to because: My car was worth (a little) more than the government exchange amount. My car is paid off. I don’t have the cash in hand, to… Continue reading Cash For Clunkers Program
Investment Losses
Well, we are finally in the 4th quarter of 2009! Time to start looking at any losses in our brokerage accounts (this past year was bad for me, too many high beta stock). Beta is the risk factor the stock is rated at, 1 being average risk, and anything higher than 1 being more risky. If… Continue reading Investment Losses