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Ten Steps to Financial Freedom - Step #2

Published January 4, 2011 6263 Views

#2 - A Tax Cut That Can Build Your Net Worth While one road to financial freedom is to spend less, the other, parallel road is to save more. Effective this week, every working American got a tax cut. It doesn't matter what tax bracket you're in or how much you make. Every worker pays Social Secur...

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It's Your Money - Ten Steps to Financial Freedom

Published January 3, 2011 6305 Views

This time of year there is much spoken and written about resolutions, plenty of it humorous and quickly forgotten. Losing ten pounds, exercising more - I'm not going to do that myself so I have no critique to offer in that department. But this is a great time for a brief annual review of your pers...

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Happy New Year

Published December 31, 2010 6345 Views

Marge and I (and the rest of the staff here at Brighton Securities) will be pretty busy today, so I am taking a break from drafting a blog post and offer you a link to a column by Al Lewis that I saw on this morning's Dow Jones Newswire. I got a chuckle out of it and suspect you will, too. Next wee...

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Chump Change

Published December 30, 2010 6638 Views

NYS Attorney General (and Governor-elect) Andrew Cuomo today announced a settlement with "Crime Czar" Steven Rattner. Rattner, who was the Obama administration's "Car Czar" - manager of the political bankruptcy of GM & Chrysler - has agreed to pay $10 million in restitution to New York State and wil...

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Black Crude and the Silver Lining

Published December 27, 2010 6921 Views

Crude oil has hovered in the $75-$85/barrel range for most of 2010, but lately prices have risen. With oil changing hands at over $90, drivers are bracing for gasoline prices over $4 per gallon some time in 2011. No one wants to pay more to fill up their tank, and higher gasoline prices are regarded...

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Lemmings of Wall Street

Published December 21, 2010 6455 Views

Amid news of mergers and acquisitions come two similar stories today: Brown-Forman and Constellations Brands are both looking to sell all or part of their wine business. Just type "wine glut" into Google and you'll get plenty of stories from markets around the world. So think about that for a minute...

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Dear Congress, Thanks....I Think.

Published December 17, 2010 6548 Views

Dear Representatives & Senators, Thank you for passing the bill that will keep my taxes (and everyone else's) from going up next month. I am particularly happy because our firm is not paying out $100 million in bonuses this holiday season, so a tax break is better than nothing. We didn't pay out b...

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Dollars and Gold

Published December 16, 2010 6313 Views

The first rule of investing, the sine qua non, is to buy low and sell high. One might even refer to it as the "Golden Rule" of investing. The irony is that gold is priced very high. Moreover, on the few occasions I watch television, I see commercials selling gold. To me, this is a tell-tale sign...

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Buying Debt with Debt

Published December 13, 2010 6379 Views

Investors have noticed a steep decline in the prices of closed-end municipal bond funds lately. If you own such funds I strongly recommend that you determine whether your fund employs leverage. In a recently-more-volatile bond market, you may have some decisions to make. Many closed-end muni funds...

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Local on Local

Published December 10, 2010 6487 Views

We're fortunate to be recognized as experts on the Rochester economy and local businesses. In today's D&C, George discusses VSCP, a Pittsford-based startup. From Channel 10 news, a George weighs in on Eastman Kodak and the recent and unusually high trading volume. Brighton Securities is a loca...

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