Alternative Minimum Tax (AMT) Incentive Stock Option (ISO) tax trap of 2000 is back again!
What is the future for hard core bearish economists?
Scary things that never happen:
I first wrote in this post November, 2011 about a problem with brokerage firm failures. I think during times when there is no news like this is a good time to rethink the quality of one’s brokerage. Just how good is SIPC insurance? How good are the private insurance contracts that brokers also use? Remember the Enron crisis was facilitated by a brand name big four CPA auditor. Many of the monoline private mortgage insurance companies that insured mortgages went bankrupt during the great 2008-09 crash making guarantees useless. The question about how can one be certain of anything reminds me of the quote in Nasim Taleb’s book “Fooled by Randomness” he asked “how does anyone one know anything?”.
What is a good plan if inflation returns?