Thursday, October 31, 2013

Stock Carnival Ecstasy - October 31, 2013

English: The graphs illustrate the rise of the...
English: The graphs illustrate the rise of the tax rates (marginal and average) as a function of the taxable annual income according to the German taxation law effective in 2010. German income tax law (Einkommensteuergesetz – EStG) (Photo credit: Wikipedia)
Welcome to the October 31, 2013 edition of Stock Carnival Ecstasy. We have some topical news and some good quality advice on investing in this edition. Justin from the blog Root of Good takes a look at the Government Shutdown and Why It Doesn’t Matter for your investments. Deron Wagner examines the way Top Stock Traders Deal With Market Reversals. And Bill Smith reports that 700 IRS Workers Owe Millions In Back Taxes and should not be contracted by the government agency. Hope you find all the articles interesting, bookmark, share, and tweet our carnival.


Justin @ Root of Good presents Government Shutdown: Why It Doesn’t Matter posted at Root of Good, saying, "Justin at Root of Good discusses the Government Shutdown and why you don't need to pay attention to all of the news. Watching too much news destroys your happiness and hurts your investment performance."

John Schmoll
presents Reasons Why You Should Start Investing For The Long Run posted at Frugal Rules, saying, "Many people want to go for the quick buck when it comes to investing. However, a long term approach in generally best if you’re looking to build wealth and grow a decent retirement portfolio that will last."

Justin @ Root of Good
presents $150,000 Income, $150 Income Tax posted at Root of Good, saying, "Justin at Root of Good reveals how his household made $150,000 and paid only $150 in income taxes through a combination of contributions to workplace savings plans and IRA's. Tax efficient investing and tax loss harvesting also played a key role in keeping his income taxes at 0.1%."

John Schmoll
presents Putting Time on Your Side: How to Start Investing in Your 20s posted at Frugal Rules, saying, "A common excuse given by those in their 20s as to why they can’t invest is because they can’t afford to. However, there are ways to get started investing when you’re young and doing so will do wonders for your wealth building and giving yourself more time to grow your retirement portfolio."


Deron Wagner presents How Top Stock Traders Mentally Deal With Sudden Market Reversals posted at Morpheus Trading Group blog | Swing trading strategies for stocks and ETFs.


Matt Becker presents Beware the Source of Your Financial Advice posted at Mom and Dad Money, saying, "When it comes to financial advice, there's so much BS out there and it makes me sick. When it comes down to it, you’re the only one who truly has your best interests at heart. There are people who can help you make your goals a reality, but you have to understand that there are likely even more who are much more interested in simply taking your money and running. And the financial services industry is one of the worst in this respect. Educate yourself and thoroughly evaluate any prospective advisor before entrusting them with something as important as your financial future. After all, if they’re worried that you could do their job for them, they’re probably right."

presents How Much Life Insurance Do I Need? posted at, saying, "Term life insurance is cheap, but why overpay for more coverage than you need? Or worse, accidentally under-insure yourself and put your family’s financial future in jeopardy? In this guide, we discuss the factors to consider when calculating how much life insurance you need."

Bill Smith
presents 700 IRS Workers Owe Millions In Back Taxes posted at 2008 Taxes, saying, "A report released Wednesday has revealed that nearly seven hundred IRS employees (about five percent of the ninety-thousand Internal Revenue Service contracted workers) owe a combined $5.4 million in back taxes."

That concludes this edition. Submit your blog article to the next edition of stock carnival ecstasy using our carnival submission form. Past posts and future hosts can be found on our blog carnival index page.
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