Tax Rules When Selling Your Home – How the gains from the sale of a primary residence are taxed has changed in recent years. If you have recently sold your home, or are considering doing so, you may want to be aware of these new rules. HOME SALE If you owned and lived in your home […]
Archive for October, 2016
Fallen Tree Damage—Who Pays? – As a homeowner, are you responsible for the damage caused by a tree on your property that hits your neighbor’s home or other insured structure, such as a garage or shed? In most cases, the answer is “no.” When such damage occurs to your neighbor’s home due to forces outside your […]
Whither Brexit? More than three months after British voters elected to extricate their economy from the European Union, Brexit still hasn’t actually happened. What’s going on? Apparently nothing more than a careful process designed to minimize damage on both sides of the English Channel. British Prime Minister Theresa May recently announced a target of late […]
Taxes Up (but not so much as you might think…) If you think taxes are higher than their historical rates, well, it depends on how far back in history you’re comparing them to. Take a look at the accompanying chart, which shows tax revenue as a percent of total national income for four countries—France, Sweden, […]
A Slow Decline in Readers Do you read printed books occasionally? If you do, you’re still in the majority, but a declining one. As you can see from the accompanying chart below, 73% of American adults have read at least one book in the last 12 months, down from 79% in 2011. 65% of us […]
Will Your Morning Cup of Coffee Make You Healthier? If you drink coffee habitually, you’ll like this. A new study monitored the coffee intake of 208,500 men and women over the course of 30 years, and found that people who drink coffee in moderation (fewer than five cups a day) received a number of significant […]
Good News About HIV You don’t hear much about the HIV epidemic any more, despite the fact that an estimated 1.2 million Americans are living with the disease, and an estimated 44,000 new cases are reported in this country every year. The Center for Disease Control says that 36.7 million people around the world have […]
Bees an endangered species? You probably know that the bee population in the U.S. has been collapsing for the past several years, due to factors that are only now being partially understood. Scientists call the phenomenon “colony collapse disorder,” but the term “beemageddon” has become popular among laypersons. Suspects for the population decline have included […]
The Anti-Trump Fund to Watch You can go to Las Vegas and bet on the U.S. election, or make a side bet with your friends. Or you can buy an ETF. Say what? Professional investors have noticed that the iShares MSCI Mexico Capped ETF (ticker: EWW), an ETF that focuses its investments in Mexican stocks, […]
2016 Third Quarter Report The Bull Continues… 100 days after the Brexit scare, three quarters of a year after the most recent Fed rate hike, the markets once again confounded the instincts of nervous investors and went up instead of down. Last week, Fed Chairperson Janet Yellen told the world that the U.S. economy is […]
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