Sunday, October 28, 2007

Financial Nuggets

Apple on FireApple On Fire Apple (AAPL) is on fire. iPod, iPhone, Leopard - the products just keep coming. Revenue's hit $6 billion, up 28% from the previous year. Profits are up 67% to $901 million. At a lofy PE of 47 and stock price of 184 the question is - Can Apple continue the momemtum?

Pay Less Property TaxesPay Less Tax Property tax that is. The lofty property assessment of recent years has raised property taxes for many home owners. With the recent cooling of the housing market it may be time to revisit your home assessment to make sure you are not paying too much tax. Read How to Reduce Your Property Taxes in Business Week.

401(K) on AutoPilot Recently enacted legislation is requiring employers to automatically enroll employees in 401(K) plans. Employees can "opt-out" instead of the currently prevelant "opt-in". About one third of eligible employees do not make use of company offered 401(K) plans. Making use of your company's plan is the first step, setting up an age and risk appropriate asset allocation is the other option. Read more about 401(K) plans at

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