This article is Part Eight in our series of the lessons from George S. Clason’s bestseller The Richest Man in Babylon. If you’d like to go back to the beginning and catch up on the earlier lessons, you can start with the first article in the series by clicking this link. The Clay Tablets From [...]
Posts from ‘August, 2009’
A Change (not for the better) For Illinois’ 529 Plans
In case you happened to miss it, the Illinois legislature last year passed an addition to the Revenue Code that requires recapture of deductions that you may have taken for contributions to one of the Illinois 529 plans. 529 Contribution Deduction Recapture For years, the Illinois 529 plans – BrightStart, Bright Directions, and College Illinois! [...]
Things I Have in Common With Scott Adams…
Apparently Scott Adams must read this blog… or maybe it’s just a coincidence how closely his strip from the other day reflects my comments in this entry from last week: . . Great minds think alike, I guess!
The Camel Trader of Babylon: The Richest Man in Babylon, Pt. 7
This article is Part Seven in our series of the lessons from George S. Clason’s bestseller The Richest Man in Babylon. If you’d like to go back to the beginning and catch up on the earlier lessons, you can start with the first article in the series by clicking this link. The Camel Trader of [...]
401(k) Loans Double-Taxed? Not so fast, conspiracy theory-breath
It has long been an urban myth that when you take out a loan from your 401(k) that you’re being double-taxed on the amount of your loan… but this isn’t so. This is a very pervasive myth – lots of folks will agree with it out of hand, but it’s not correct, when you work [...]
The Walls of Babylon: The Richest Man in Babylon, Pt. 6
The sixth part in our series of the lessons from George S. Clason’s bestseller The Richest Man in Babylon. If you’d like to go back to the beginning and catch up on the earlier lessons, you can start with the first article in the series by clicking this link. The Walls of Babylon In this, [...]
Why is Index Investing a “No Brainer”?
For those of you who have read much of my writing on the subject, you’ll recall that I always recommend working with index investments when we have them available. In this article I will do my best to help you understand some of the reasons why I make that recommendation. What is Index Investing? In [...]
The Gold Lender of Babylon – The Richest Man in Babylon, Pt. 5
The fifth part in our series of the lessons from George S. Clason’s bestseller The Richest Man in Babylon. If you’d like to go back to the beginning and catch up on the earlier lessons, you can start with the first article in the series by clicking this link. The Gold Lender of Babylon In [...]
ARRA Projects – More Waste?
In my travels last week, I came across the inevitable road construction that one finds every year at this time. One thing that stood out for me was the effort that was made to ensure that you knew the project at hand was funded by the American Recovery and Reinvestment Act of 2009 (ARRA). Something [...]
The Five Laws of Gold: The Richest Man in Babylon, Part 4
Today we’ll continue on the journey of examining the lessons of George S. Clason’s exceptional book The Richest Man in Babylon. If you’d like to start back at the first lesson, you can find it here. Today’s lesson is from the chapter entitled “The Five Laws of Gold”. The Five Laws of Gold This chapter [...]
And if you've come here to learn about queuing waterfowl, I apologize for the confusion. You may want to discuss your question with Lester, my loyal watchduck and self-proclaimed "advisor's advisor".
