After releasing new regulations to govern retail foreign exchange dealers in September 2010, the US Commodity Future Trading Commission (CFTC) is now beginning to penalize dealers who remain non-compliant. The new CFTC regulations were implemented as a part of the Dodd-Frank Wall Street Reform and Consumer Protection Act and the Food, Conservation, and Energy Act… Continue Reading
Helping One Person at a Time With Micro Giving
J. Money from Budgets are Sexy has teamed up with his buddy named, Nate St. Pierre to create an amazing project called “Love Drop.” Love Drop is a micro-giving network of people who unite as a community to help one person or family a month. By subscribing to the team for as low as $1,… Continue Reading
3 Income Investments for Retirement
In Ecclesiastes, the Bible tells us that “to every thing there is a season.” The season of retirement is famously a time for preservation of capital and maximization of income, not for aggressive risk-taking. Some options, like savings accounts and Certificates of Deposit, emphasize preservation of capital to the exclusion of almost all else, trading… Continue Reading
What is the Difference Between an Ordinary Dividend and a Qualified Dividend
As is the norm with this time of year I have been receiving receiving tax form 1099s from various companies over the past couple weeks. I usually just give them a glance before filing them away for my appointment with my CPA. However, tonight I decided to take a look at the one I received… Continue Reading
I Have No Idea Why But I Feel the Need to Prove Myself to Retailers
I was having a conversation with The Wife the other day and she blatantly called me out, telling me that I may have problems. I am well aware that there are things I just don’t “get” but at least this one is internal struggle. At my bank (national TBTF Bank) when there is a long line,… Continue Reading
Best Money Savings Tip – Go Metro
For years I took driving for granted. I never connected the dots that driving actually costs me hard earned money. I just thought of it as part of life for living in southern California. Perhaps we should change that phrase to death, taxes, and driving expenses! Obviously we can’t walk anywhere since many places of… Continue Reading
