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A Ten Ten Ten Roundup

If you missed it, the title refers to the fact that today’s date is 10/10/10, which, in the big picture is pretty meaningless, except to geeks and people that like such trivia. The true geeks know that 101010 is binary for 42, which is the cosmos’ way of winking at Douglas Adams.

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First, the Coverdell education account rules are changing. In Coverdells VS. 529 Plans, Rainstone Financial offers a look at the new rules regarding the account formerly known as the Education IRA. A misnomer if ever there was.

Next, my tax crush, Kay Bell offered a 10 tax tips for 10/10/10 post, a great list, you’re sure to catch at least a few you hadn’t know about.

Neal Frankle offered some great IRA / estate planning advice in his Roth IRA Beneficiary. Should You Name Your Spouse? helping you understand the implications of your IRA beneficiary decision.

Darwin discussed an interesting strategy, shorting treasuries, How to Short Treasuries: With Yields this Low, Trade of the Century?
with treasuries yields so low right now, some suggest we are in yet another bubble. When that bubble bursts, there’s some money to be made by being in that trade.

Last today, US News offered a list of 10 reasons to use a Roth IRA.  a decent list, but as my readers know , I feel that RothMania is sweeping the country and I am just trying to get the point out there, it’s not a panacea, certainly not for everyone. Do your research.

(A personal note – I am on vacation right now, a few days away for the long weekend. This is being posted from an iPad, my RSS emailed readers may get this a day late)
Joe

  • Kay Lynn (Bucksome) October 10, 2010, 2:47 pm

    I’m a geek too and couldn’t decide if I should go with a 10-10-10 reference this week or a tribute to John Lennon. Lennon won out!

  • Car Negotiation Coach October 10, 2010, 9:12 pm

    if you hadn’t pointed it out, i would have completely missed 10 10 10….that’s like seeing your odometer crack 100k!

  • Bill October 11, 2010, 12:13 pm

    the Coverdells VS. 529 Plans link is broken.

  • JOE October 11, 2010, 6:58 pm

    It was! Thanks for the heads up. great article. Fixed now.

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