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  • Wall Street Breakfast: Must-Know News [View article]
    "Mutual funds - including those run by T. Rowe Price (TROW) and BlackRock (BLK) - are using Fed financing to reap 15%-plus returns"

    "in essence shifting most of the potential losses to the government. In the words of one fund manager: "This is one of those opportunities that, as an investor, we have to take advantage of."

    Am I the only one that sees a bunch of crooks here?
    Oct 29 08:48 am |Rating: +12 0 |Link to Comment
  • Murphy's Law of Economics and Health Care [View article]
    OG it goes both ways. If your FSA allows you to fund and spend $2000 per year. You could spend it all in january and then you have the entire year to fund it back. Your employer would have put the money up in January since you had not put the $2000 in. However if you left the company in February and had recieved your $2000 check you would not owe anything. That would come out of the employers pocket. That is why they get to keep anything left over at year end.

    That is also why I wont offer an FSA to my employees. A small employer could never take those kinds of hits.


    On Oct 26 12:06 AM optionsgirl wrote:

    > Where I reside now, you can open an HSA, take out a personal insurance
    > policy with a larger dedectible, fund the deductible from your HSA,
    > roll over unspent amount into the next year, and not spend it unless
    > and until you are ill. If you wish, you can later convert it to an
    > IRA.
    > It's a no brainer.
    > I had an FSA in another state, sponsored by an employer. This was
    > not as effective because the account had to be emptied by year end,
    > or went to the employer. Why the employer got the funds when they
    > were paid by the employee is beyond me, but that is how it was structured.
    >
    > Given the opportunity, much better products could be designed without
    > government intervention.
    Oct 26 00:23 am |Rating: +3 0 |Link to Comment
  • Wall Street Breakfast: Must-Know News [View article]
    I cant stand to listen the Schumer's nasal whining so if anyone can get this done he can. They will simply give in after one or two meetings with him just so they do not have to listen to him pontificate in that voice any more.

    "Mercy, mercy I give up, you can have the flash trading scam. Just please shut up."
    Jul 27 07:58 am |Rating: +12 -5 |Link to Comment
  • Wall Street Breakfast: Must-Know News [View article]
    Like jumping on board the Titanic maiden voyage!! But hey we can go first class all the way!! yahoo!!!!
    Apr 29 08:03 am |Rating: +6 -2 |Link to Comment
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