Author - Ted Feight, CFP®

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Turns out money can buy happiness!
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Mark Zuckerberg Fool or Genius?
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Do you want to get the most out of your Social Security? Do this before May 2016!
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No Shutdown, No Problem
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Cheap Oil Gets Cheaper

Turns out money can buy happiness!

We all know that money can’t buy you happiness, right?  As it turns out, this is not exactly true

A recent study by University of Michigan economists Betsey Stevenson and Justin Wolfers, examining data from more than 150 countries using World Bank data, has shed new light on the interaction between happiness and the size of your bank account.  Their first conclusion: the more money you have, the happier you tend to be, regardless of where you are on the income spectrum.  They concluded that multi-millionaires don’t think of themselves as “rich.”


However, there do seem to

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Mark Zuckerberg Fool or Genius?

You may have read that Facebook founder, chairman and CEO Mark Zuckerberg has announced plans to gift substantially all of his Facebook stock to a philanthropic entity called the Chan Zuckerberg Initiative, named after himself and his wife Priscilla Chan.  The gift would be worth $45 billion, instantly becoming one of the largest philanthropic pools in the world.

The donation is remarkably tax-efficient.  By making the gift in shares rather than cash, Mr. Zuckerberg will get a charitable contribution deduction on Schedule A of his 1040 form, with the deduction based on the fair market value of the shares.  At… Read More

Do you want to get the most out of your Social Security? Do this before May 2016!

On the surface, it seems too good to be true.  You have a married couple, where (let’s say) the husband has earned higher yearly income than his wife.  That means he has contributed more to Social Security over his working life.  The husband files for Social Security benefits at full retirement age (currently age 66) and then immediately files to suspend those benefits. 

  She would do this if 50% of the husband’s benefit is higher than she would have received if she had simply claimed her own Social Security payments.

Because he suspended his benefits,
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No Shutdown, No Problem

The good news from Congress this week is that it looks like the U.S. government isn't going to have to shut down again due to partisan political bickering. Last week, literally at the last minute, on the day that current funding provisions would have expired, the U.S. House of Representatives created a new government funding bill that will keep the lights on until September of 2015. before everybody goes home for the holidays. The Senate followed suit and sent the bill to the President for signature on Monday.

In all, the spending legislation comes to 1,603 pages, and both Democrats …

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Cheap Oil Gets Cheaper



The economic news that everybody is talking about lately is the sudden unexpected drop in oil prices.  One type of oil, West Texas Intermediate crude, has fallen from over $140 a barrel in the Summer of 2008, and $115 a barrel as recently as June, down to $91, and there is no sign that the decline will stop there. 

The price drop seems to be the
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