Want to narrow the tax gap? Raise capital gains rate

January 27, 2012

By John Wasik

(Reuters) – If the president and Congress are serious about income equality and cutting huge breaks for the wealthy, they should raise the capital gains rate.

What the State of the Union means for your wallet

January 25, 2012

By John Wasik

(Reuters) – While Americans might get a little break in their payroll taxes through the end of this year, greater financial relief for workers will be elusive. After the State of the Union speech by President Obama on Tuesday night, it’s clear that the wizard will still be hiding behind the curtain.

Lazy returns: How my Nano portfolio beat the S&P 500

January 23, 2012

By John Wasik

(Reuters) – I’ve never thought that laziness could be a virtue, but when it comes to investing, it’s often advantageous. You can trade too much and become too pre-occupied with the headlines and business TV shows. It can drive you crazy and you’ll lose lots of money making bad decisions.

Underwater homes deal may be economy’s saving grace

January 20, 2012

By John Wasik

(Reuters) – You’re underwater on your mortgage and falling behind on payments. You may lose your home. Can you negotiate with your lender to reduce your principal?

5 reasons to invest in 2012

January 17, 2012

By John Wasik

(Reuters) – If you want to be optimistic about investing this year – and there are plenty of reasons to be – you need to understand the tale of two economies.

COLUMN: The troubling fine print of Suze Orman’s prepaid card

January 14, 2012

By John Wasik

(Reuters) – Can those celebrity-linked prepaid cards really help the unbanked?

Playing the “January effect”

January 9, 2012

By John F. Wasik

(Reuters) – For years, one of the more bankable phenomena in finance has been the January effect.

The old abnormal: How even PIMCO’s Bill Gross can err

January 6, 2012

Jan 6 (Reuters) – No matter what theme you adopt in a
market forecast, predictability has always been a bugaboo. Just
ask Bill Gross, the legendary manager of the PIMCO Total Return
bond fund.

New tech trend for 2012 and beyond

January 3, 2012

Jan 3 (Reuters) – Despite gloomy headlines from Europe over
the past year, a new technology mash-up is emerging that could
spark some exciting ideas for investors.