An excellent and timely article describing the process when your account is compromised. Should you file a police report?? It depends How long does the bank have to credit your account for the misappropriated funds?  up to 14 days Read on…  http://www.marketwatch.com/story/what-to-do-when-fraudsters-use-your-credit-card-2013-12-06?pagenumber=2

Browns Law (From Josh Brown)  The more a broker is compensated for selling you a product the worse that product is for you. keep this in mind and and you will be way ahead of the game.

Just looking at your return compared to an index does not tell you the real value of your advisors benefit to your financial health…. Look at the big picture: Many advisers provide a range of services—from helping clients find a mortgage to helping them create a lifelong financial plan—that go beyond investing.                                         As such, it…

A great New Years resolution. Instead of drastically changing your budget, pledge to increase your retirement contributions by 1% each year. This painless strategy will have enormous effects on your wealth over a decade. http://blogs.wsj.com/experts/2013/12/17/what-a-difference-a-percentage-makes/

Interesting graphic…. http://www.washingtonpost.com/blogs/govbeat/wp/2013/12/16/where-teachers-get-paid-the-most-and-the-least/

 This is a travesty. If these guys are making this kind of money, what are all the administrators beneath them making? Something to think about hen you gat that tuition bill.   See full article… http://blogs.marketwatch.com/themargin/2013/12/16/many-private-college-presidents-are-taking-home-more-than-1-million/

  Inequality, corruption, and incompetent regulation are awful ingredients for a healthy economy. While partisan hacks have criticized the Pope for being a commie, they know not what they do. Pope Francis is trying to save capitalism from itself.   We have tremendous inequality in our country. This Gatsby chart http://wpmedia.o.canada.com/2013/08/gatsbycurve.jpg shows how socially immobile we…

Wise words from Warren Buffet. Something to think about if you believe the poor should fend for themselves. http://www.businessinsider.com/warren-buffett-on-the-ovarian-lottery-2013-12