Sep

21

Altria (MO) – HOLD (Really holding on to my 800 shares)

September 21, 2007 | 2 Comments

(A reader asked for my opinion on Altria (MO).)
If you read my blog, you know I have Altria. Boatloads of them (at least compared to my portfolio size). I have 800 of these beauties. Altria has been called a cash cow before, and I still think it is – excellent dividend at [...]

Sep

20

From “Jet Set” to “Bum Set”

September 20, 2007 | Comments Off

For many years I traveled the world for business extensively. Those years are not over, but I should say they have been on a holiday for the past month or so. I have been quietly (but diligently) working on starting a business and on earning money on my day trades. There has [...]

Sep

17

Tell Them What You Want

September 17, 2007 | Comments Off

I have this bank account that has been charging me $20 a month as a service fee (Citizens Bank). You see, Business Accounts are usually more expensive than personal accounts, especially at the big banks that offer all of the nice features (like international wire transfers, which I need for my business).
This morning I [...]

Sep

17

Watch Your Business Expenses (Self-Employed)

September 17, 2007 | Comments Off

Uncle Sam is lenient on business: you can deduct business expenses from earnings. This is a big difference from personal taxation: you are not allowed to deduct most living expenses out of a salary. However, there is a point where both things may get fuzzy: small business. Many small business owners [...]

Sep

14

Costco (COST) – Buy

September 14, 2007 | 2 Comments

(A reader asked for my opinion on Costco (COST), and I give it thumbs up.)
The retail sector is a worry for sure: the high interest rates and the declining real estate prices are preventing people from taking a home equity lines to pay off the credit cards and buy more stuff. Also, the gas [...]

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