MMM-098: Reaching the Remnant
Are you part of The Remnant? Super Tuesday results. Wesley Snipes. IRS cost basis reporting. David calls in. How about a podcast with the four independent guys? Capitalism. Lazy Portfolio Smackdown review.
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Topics in this week’s show include:
- Results from Super Tuesday
- Call the voicemail line to support show #100
- Take the Risk Capacity Survey, then buy a copy of Index Funds: The 12-Step Program for Active Investors
- Wesley Snipes was found not guilty of tax fraud. But was convicted of misdemeanor accounts for failure to file a tax return. Pres Bush wants to make that a felony now. Congrats Wesley.
- Gobmint may make law requiring brokerage firms to report your cost basis.
- David from The Fast Money Machine calls in with two questions. Why hold MSFT and worry about the taxes?
- Listener, what do you think? Should the four of us top independent investing podcasts (including Andrew Horowitz The Disciplined Investor and Brian Preston The Money-Guy) team up to make a podcast?
- Our Guru‘s Reality Guide has 10 questions to help you find out if you are a member of the Remnant.
- Jack writes about Capitalism. Is it in trouble? He cites two interesting sources: The Story of Stuff and Marketplace – American Public Radio Consumed. Mark Hebner has always said there are only two times when you should sell funds from your portfolio 1) When you need the money or 2) When you lose your faith in capitalism. Note that if #2 happens, we probably have bigger things to worry about!
- I review the Lazy Portfolio Smackdown both for one month and for over seven years.
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