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  • If I Were Starting All Over Again [View article]
    I wish I had adopted your attitude when I was younger. I didn't save a penny until I was about 40, and now I am playing catch-up. Anyone who follows these ideas in their 20s can probably retire early. If I were starting over, I would sleep in my car if necessary to save at least 50% until I had a substantial portfolio. Some comments were that the authors life sounds joyless. Life can be fun and frugal at the same time if you are creative.
    May 20, 2014. 11:59 PM | 3 Likes Like |Link to Comment
  • Tech giants enjoy tax-free interest on offshore Treasury holdings [View news story]
    While there is that exemption, you are still required to file a tax form even if you don't owe because of the exemption, and the actual filing can be quite complicated if your pay is over the exemption amount. Also, you now have to file a report on your overseas bank accounts.
    Mar 13, 2014. 10:03 PM | Likes Like |Link to Comment
  • Signs Point To A Costco Negative Surprise [View article]
    Costco makes most of its profits from membership fees. Only a tiny bit of the profit comes from product sales. Sorry I don't have an authoritative link to cite, but this is fairly common knowledge. Therefore, temporary bad weather won't have much effect on their profits, although it might affect their revenues. As long as people continued paying their membership fees, Costco would do very well if snow buried all of the stores.
    Mar 3, 2014. 11:24 PM | 1 Like Like |Link to Comment
  • Recent store closings only a taste of the future [View news story]
    When I go to Tysons Corner Mall in the DC suburbs, it is frequently packed with people and it is hard to get a seat in the food court. While this may be an exception, it looks to me like people will need a place to go to get out of the house, and malls fill a need. People may buy less at the mall, but I doubt they will stop going.
    Jan 22, 2014. 09:36 PM | 2 Likes Like |Link to Comment
  • Why You Should Avoid This Retailer [View article]
    If you use the Costco AmEx card with the rebate, it will more than pay the annual fee, so being a member is essentially free.
    Dec 12, 2013. 10:47 PM | 1 Like Like |Link to Comment