My Blog, Your Money

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Entries from December 2009

Au Revoir Aughts

December 31st, 2009 · No Comments

Happy New Year’s Eve!

The Aughts has been an interesting decade.  We experienced the peak of the dot-com boom and the subsequent bust, the September 11 terrorist acts, wars in the Middle East, hurricanes and earthquakes, the rise of social networking, the election of the first multiracial president of the United States, and the worst recession […]

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Tags: Holidays · News

White Christmas

December 25th, 2009 · No Comments

For those who celebrate, Merry Christmas everyone!

Here’s another indicator related to the holiday: the Boston Snow Indicator.  This is where a white Christmas in Boston predicts an up market the following year.  There isn’t strong evidence for this, but given the blizzards in Boston, I’m hopeful.  The market has recovered a lot of lost ground […]

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Tags: Economic Indicator · Holidays

Tax Selling

December 18th, 2009 · No Comments

Here’s another investing tactic: Tax Selling.  If this is new to you, the concept is very simple.  All it is is selling the stocks you’re losing money on to reduce your capital gains for the year.  This in turn reduces tax liability.  This is usually done at the end of the year when a stock […]

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Tags: Stock · Taxes

Window Dressing

December 11th, 2009 · No Comments

It’s almost the end of the year again and you know what that means!  It’s time for some window dressing – not the kind that you put in windows, but the practice where investment managers divest their portfolios of poor performers and load up on high-flying stocks in an attempt to appear more capable than […]

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Tags: Stock

FICO Reveals Credit “Damage Points”

December 3rd, 2009 · No Comments

The widely used FICO score just got a little more transparent with the disclosure of “damage points,” negative point values assigned to undesirable credit actions.  What was most interesting to me is the fact that damage points for a particular action vary depending on the credit score with higher credit scores suffering greater declines.  Take […]

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Tags: Credit