Articles from February, 2011

Warren Buffett’s letter to investors: Why the railroad is such a good investment.

from Slate – Moneybox
 
In 2010, with the U.S. economy still wounded and U.S. consumers still wary, cash-rich investors often looked west: All the big returns were in Singapore or Hong Kong or Silicon Valley, they said, so they put their money into hot social-media start-ups and emerging economies. [...]
 

They tried to deduct what?!

from CNN Money Taxes
 
From pornography to emu feathers, here are 10 of the wackiest things taxpayers have tried to deduct. Uncle Sam – and the U.S. Tax Court – was not amused.
 

Help, I Can’t Pay My Taxes!

from MintLife Personal Finance News & Advice
 
Can’t pay your taxes this year? Don’t panic. The IRS would actually loan you the money to cover your bill — and you’ve got other financing options available, as well.
 

Corrections: Buy the fund, or the fund company’s stock?

from Moneywatch Personal Finance
 
A Feb. 28 story by MarketWatch gave incorrect information about earnings of two asset managers. The story has been corrected.
 

Personal Finance Daily: How to get ready for a home inspection

from Moneywatch Personal Finance
 
If you’re planning to sell your house, brace yourself. A home inspector is always going to find something wrong, Amy Hoak reports in her Home Economics column. Here are some ways to prepare for a home inspection.
 

Credit Card Utilization, Defined and Demystified

from MintLife Personal Finance News & Advice
 
Credit card utilization is one of the most important credit score-related topics, and also one that’s often misunderstood. This complicated equation, also called revolving utilization, is an incredibly important factor in your FICO credit scores. Grab your credit reports and a calculator as I walk you through it. [...]
 

Amy Hoak’s Home Economics: Be ready: Home inspectors always find a problem

from Moneywatch Personal Finance
 
A visit from the home inspector can be nerve-wracking for a seller, especially in a market like this — when the potential buyer isn’t afraid to demand that a long list of problems be addressed before the sale is finalized.
 

FundWatch: Buy the fund, or the fund company’s stock?

from Moneywatch Personal Finance
 
Money is moving into stock mutual funds at the fastest pace in four years, brightening prospects for asset-management firms focused on equities and challenging those weighted toward bond and money-market funds.
 

Credit cards from hell

from CNN Money Personal Finance
 
Here are 9 credit cards that industry experts told CNNMoney are among the worst in America for their sky-high interest rates and ridiculous fees.
 

Chuck Jaffe: Herd mentality steers investors to large-cap funds

from Moneywatch Personal Finance
 
Investors showed in January that they are coming back strong to the stock market, and particularly in large-cap U.S. equity mutual funds. The question is, do you follow the herd or go against it?