Weekend Reading for February 28, 2010
What I’m reading this weekend:
- The Right Way To Squirrel Money From the Taxman – WSJ : Our government is nuts. in 2011 it will become even more important to control and minimize your taxes.
- Even the Smart Guys Don’t Always Get it Right – WSJ: Not so sure this article applies to small investors and speculative trades applies to the big boys.
- General Motors Is Back! – Barron’s : Not sure if I would invest or buy a GM ever! The bond holders got screwed royally (after years of case law), and the unions got a much better deal. Based upon the comments on Barron’s, I don’t seem to be alone. I would buy a Ford first, not only because of this, but they appear to have their act together.
- Bullish on Bullion – Barron’s : Interesting history of gold for the past 10 years, though “past returns do not guarantee future results” Gold isn’t going up, it’s the currencies that are going down.
- Steve Jobs says Apple must ‘think big’ with $40 billion in cash – AppleInsider : While I agree Apple should have a large chest of money, but $40 billion?? If they aren’t buying another large company (history has shown they only buy small companies) then they should do a dividend or stock buy back.
- Using Probability to Set the Size of An Emergency Fund – The Oblivious Investor : Great analysis on needing an emergency fund. One thing I’ve found, once you have a certain amount of savings, a specific emergency fund becomes less needed.
