Let’s start this week with a guest post at Out Of Your Rut. Written by Rob Bennett, This Is the Best Time in History to Be a Stock Investor is an excellent look at P/E10 (price to earnings , but using an average of the prior 10 years earnings) and why Rob concludes we are in a positive buying environment. While I think there’s always risk in investing, some times appear to be better than others and Rob makes a compelling case.
As we wind down the year, just over three months remaining, it’s time to think about How NOT to Lose Your FSA Money. This article was published some time ago, but came to my attention this week through a tweet. Keep in mind, starting in 2011, over the counter medicine is no longer permitted to be reimbursed without a prescription. Check out your records for the past few years and after you use up your current account balance, start planning for next year.
My favorite Tax Tweep Kay Bell, wrote Solar tax breaks in the wake of Solyndra. I’m a believer in solar power, not that I’m a tree hugger, I just think that there’s a compelling economic case to be made for solar to play a greater role in the mix of power sources we use in this country and especially in third word countries. Time for me to write an article looking at this topic from a dollars and sense standpoint.
At Five Cent Nickel, Is the Home Mortgage Interest Tax Deduction a Good Deal? For many, not so much. The standard deduction may result in your mortgage interest having a smaller effect than you’d think. Check out Nickel’s article, do the math and decide.
At My Money Blog, Jack Bogle Makes Market Prediction For Next Decade. The father of index investing is looking for 7%/yr this decade. Not quite the 12.5% we saw this past 25, but not too shabby for those of us looking to retire 7-10 years from now. Time will tell.