I thought this was a great overview of how the rule change for Roth IRAs will work. The upshot is that the income restrictions on who may open and contribute to a Roth are changing as of January 1st 2010. From WSJ via Yahoo Finance: Starting Jan. 1, the income limits that have prevented many…
Are You Paying Attention To The Big Shift Index?
Usually when an article starts off with a roomful of theoretical mathematicians having a whiteboard party, I zone out pretty quickly, but I found this story interesting because it’s conclusions could become very important for stock pickers and active managers all around the world. From HarvardBusiness.org: We were trying to get our heads around the…
Market Recap: Dollar Up…You Know the Rest
The Reformed Broker, AKA Sookie Stackhouse, here with today’s Market Recap… The stronger dollar/ weaker stocks and commodities trade was On Like Donkey Kong once again today. Estimates for global gdp growth were revised lower overnight, and as you can see below, the materials and metals bore the brunt of the beating as the Dow…
Festival of Stocks #146: Freak Show!
Welcome to this week’s Festival of Stocks (#146), right here on The Reformed Broker. For those of you who are visiting my site for the first time, welcome to the twisted world of TRB! The Festival of Stocks is a Blog Carnival, meaning it travels to a new hosting site each week and it smells…
Smart Balance: It's Like Buttah…Maybe
I’ll start by saying that this is not a post that contains any investment advice. I do not make specific recommendations or market calls to anyone through The Reformed Broker. In this piece, I’ll be discussing the merits of one small cap company that I consider to have a very interesting story. It could double…
Ben Stein on Father's Day in the Times
[vodpod id=Groupvideo.2777472&w=425&h=350&fv=%26rel%3D0%26border%3D0%26] Happy Father’s Day to all my readers and their dads. My gift today was a babysitter so I can go see The Hangover in the theater with Mrs. TRB. Just caught this article in the New York Times business section this morning, it’s Ben Stein musing on what his father would have thought…
The Tehran Video That Made Me Care
[vodpod id=Groupvideo.2773213&w=425&h=350&fv=%26rel%3D0%26border%3D0%26] I get it now. Took me a week or so to catch on to why everyone’s avatar was green on Twitter and why everyone really gave a damn. The two leaders involved in the contested election looked like Coke and Pepsi to me. But now I’m starting to care. Here’s an explanation from…
What Obama's "Brokers As Fiduciaries" Change Really Means
In Obama‘s new regulatory reform proposal, there is language concerning how brokers are looked at and treated versus investment advisors. From the Wall Street Journal: Currently, brokers are only required to offer investments that are “suitable,” which means they can’t put clients in inappropriate investments, such as a highly risky stock for an 80-year-old grandmother….
Hot Links: Hedgies, Jeff Macke, Violence & Nathan's Hot Dogs
Hot Links for Weekend Reading… Does any blogger do a better job at keeping up with the latest moves and news from the hedge fund world than Market Folly? I doubt it. Check out MF’s roundup this week of the latest on Soros, Och Ziff, the Black Swan guy, Greenlight’s Einhorn and more. (Market Folly)…
Market Recap: Story Time
The Reformed Broker, here with today’s Market Recap… Quadruple Witching Options Expiration day…Yawn. Oil was lower and so, in our deflationary environment, so were most stocks. Techs looked weak all day off the Research In Motion (RIMM) results from last night. Thanks for reading this week, tune in tomorrow for Hot Links. Good night!