Do you live in a bustling corporate tax paradise like Texas? Or are enduring a confiscatory nightmare like the small business owners of Washington D.C.? This map from The Tax Foundation lays out the details on where in America you can go to find the most favorable tax rates for your small business.
The Next 5,000 Points for Stocks
I have no idea if the next 5,000 points for stocks will be up or down. But I do know your ability to stick with your plan will be tested in a 5,000 point drop. Don’t forget how easy it is to lose money. It may have been a while since some of you have […]
Taxes: The 10 Worst States for Retirees
Kiplinger has released an interactive map of the country ranking the states by their tax-friendliness to retirees. The 10 worst states for retirees are: 10) New York 9) New Jersey 8) Nebraska 7) California 6) Montana 5) Oregon 4) Minnesota 3) Rhode Island 2) Connecticut 1) Vermont See the interactive map here. Kiplinger explains the […]
Bill Gross of Idealab
Bill Gross is the founder of technology incubator Idealab and 100 companies in the last 30 years. This week he was Tweeting from the Wall Street Journal’s 2015 global technology conference held at the Montage, in Pasadena, CA. I believe there’ll be $1 trillion of value created every 5 years, 1/2 from existing companies, 1/2 […]
Reagan on the Gold Standard
In the October issue of Intelligence Report, Dick Young wrote: Richard Russell is now 91 years old. In a recent Dow Theory Letters, Russell wrote, “I spend most of my time in bed, which gives me plenty of time to think,” an activity that, over the decades, few in the investment industry have done in […]
How to Shoot a Smaller Gun
Good tips here on how to shoot a smaller gun. Chris Baker writes at Lucky Gunner: The problem is as old as the concept of concealable personal firearms: The smaller a handgun is, the more difficult it is to shoot. Whether it’s a single shot derringer or a polymer-framed pocket .380, handguns that are easy […]
What’s on Your Bucket List?
“It’s not how fast you travel, it’s how far you go,” sings my friend Bob Morrison in his recently recorded song A Wheel Is A Wheel. If you live outside of Nashville, TN you may not know the name Bob Morrison, but you most certainly know his songs. He was the straw that stirred the […]
Gun Rules of the Road: Video
If you’re planning on hitting the road with your guns, especially in the northeast, then I recommend you watch this video. Dick Young and I were talking about it at lunch yesterday (by the way check out the excellent Red Dory restaraunt in Tiverton, RI). He and Debbie will be driving from Newport, RI to […]
Precision Scoped Rifle: Part II
The 4:20am wake-up comes pretty fast when you’re up late the night before making last minute preparations to your rifle scope. I’ll explain why I was doing that in a minute, but one of the takeaways of doing any serious handgun or rifle training is that it gets you off of the sidelines and into […]
Successful Investing Is a Mindset
In the October issue of Richard C. Young’s Intelligence Report, Dick Young wrote about the mindset of a successful investor. A successful investor must have “a master plan that allows [him or her] to find comfort through thick or thin.” Success isn’t a stroke of luck, it’s the result of exceptional planning and hard work. Dick […]
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