Go to Jeff Salisbury LWGate Home Page.From: persfin-digest <owner-persfin-digest@shore.net>
Subject: persfin-digest V4 #12
Date: Mon, 24 Mar 1997 23:14:27 -0500 (EST)
Articles sorted by: [Date]
[Author]
[Subject]
persfin-digest Monday, March 24 1997 Volume 04 : Number 012
IN THIS ISSUE:
ADVERTISEMENT: MCI FAX REPLY SERVICE [Oppenheimer Software <Connect-Sale]
Re: Preserving the Corporate Shield ["L. Chen" <am302@FreeNet.Buffalo.EDU]
Smallest Market Cap of S&P 500 and Wilshire 5000? [Avrum Lapin <avrum113@]
How to Sell Used Books [Jerry Conley <jcrev@nis2.ncn.net>]
Re: Massachusetts Divorce - Try PAIRS [markorr <markorr@vais.net>]
Re: Recommend version of Excel for Mac? [Avrum Lapin <avrum113@cyberg8t.]
Re: Company Policy on Tax and Relocation Expenses [Avrum Lapin <avrum113@]
Quicken 6 for Win question [sprasad@hsmpk12a-61.Eng.Sun.COM (Shankar Pras]
TAX WOES: Capital Gains (U) ["Samuel D. Fink" <sdfink@groupz.net>]
Quicken 5 vs. Quicken 6 [msmith@cygnacom.com]
Re: What's wrong with 'Dogs of the Dow' ? [kmeinken@one.net]
Re: What's wrong with 'Dogs of the Dow' ? [Rich Carreiro <rlcarr@animato.]
Re: How Lawyers Ate Through My Father In Law's Estate ["Burke, Cec EXEC"]
Ziff Davis University? [Raja.Rao@mvs.udel.edu]
Credit Cards with UA Flyer Miles? [Scott Presnell <srp@zgi.com>]
Why I Don't Use the Public Library [GeorgeS <pip@shore.net>]
RE: Second Computer vs. Zip Drive Backup ["Schultz, Stacey" <Stacey.Schul]
Best CD Changes? [Kila Roberts <roberts@mort.bsd.uchicago.edu>]
RE: Marriage Encounters ["Schafer, Rick" <schaferr@eng1.otis.com>]
Tax Withholding Questions [David Martin <dmartin@seabreeze.hc.ti.com>]
Welco Securities? [rrk@aps.anl.gov (Robert Kalt)]
====================================================================
Neither Ira Krakow nor Persfin-Digest is responsible for the content
of any Persfin-Digest Sponsor Ad. Posting a Sponsor Ad does not
indicate endorsement of the product or service by Ira Krakow or
Persfin-Digest. You're on your own.
This issue is sponsored by:
Oppenheimer Software - An Official MCI Messaging Agency. Features:
MCI Fax Broadcasting Service
MCI Fax Reply Service
MCI Connect for cc:Mail
MCI AutoForward
internetMCI
Lan Access to MCI
Telephone: 800-390-9379
FAX: 800-492-6862
E-Mail: Connect-Sales@mcimail.com
Also sponsored by Wholesale Products. Why pay retail?
Visit our PAL/NTSC/SECAM electronics site, featuring VCRs, converters,
TVs, appliances, etc., geared to the international marketplace, at:
http://www.wholesaleproducts.com/non-usa.html
Calculators:
HP 48GX: $180.28 + s&h
HP 48G: $ 91.78 + s&h
Hot Specials on Canon ELPH Cameras, Digital Cameras, Russian Translator,
220 Volt products!
JVC GR-DV1 Camcorder Now Reduced to $1695.95. PAL Version $1699.95.
Visit our Blank Videotape Kiosk at:
http://www.wholesaleproducts.com/videotapekiosk.html
Visit our newly updated and expanded Web site, at:
http://www.wholesaleproducts.com
Special Orders: wholesal@shore.net
Phone: 1-800-574-7253 (9am - 5:30pm Boston time)
Fax (24 hrs): 617-438-8307
For information on placing a Persfin-Digest Sponsor Advertisement, e-mail
ikrakow@shore.net
====================================================================
Personal Finance Bookstore: http://www.krakow.com
Personal Finance Web Sites: http://www.tiac.net/users/ikrakow/pagerefs.html
To post a question or an answer, send email to: persfin-digest@shore.net
The messages posted to the Persfin-Digest are opinions and are not
intended to substitute for qualified professional advice. Subscribers
should seek the services of qualifed professionals for such advice. The
publisher, Internet provider, advertisers, and Digest contributors cannot be
held responsible for any loss incurred as a result of the application of any
of the information provided here.
Copyright (c) 1995, 1996 Ira Krakow
REQUESTED SUBSCRIPTION FEE: $20/year. Monies will go directly to defraying
publication costs, compensating for the time and effort of the Publisher,
and enabling the Publisher to create additional useful sources of
information on the Internet. Send cash, check, or money order (U.S.
funds), payable to "Ira Krakow", to:
Ira Krakow
12 Clearview Road
Stoneham, MA 02180-1918
Contribution will be acknowledged by e-mail if you include an e-mail address.
To Subscribe: e-mail majordomo@shore.net, text: subscribe persfin-digest
To Unsubscribe: e-mail majordomo@shore.net, text: unsubscribe persfin-digest
----------------------------------------------------------------------
Date: Mon, 24 Mar 1997 22:28:23 -0500 (EST)
From: Oppenheimer Software <Connect-Sales@mcimail.com>
Subject: ADVERTISEMENT: MCI FAX REPLY SERVICE
MCI Fax Reply Service
A Flexible, Low Cost, Fax on Demand Service
Distribute Your Information When They Really Want It -
Not When You Think They Want It
New Rules/Regulations, Advertisers Deadlines, Investor
Relations, Media Information, Technical Support, Late
Changes, Newsletters, Profressional Advice, RFPs, Project
Updates, Application Forms, Schedules, Catalog Revisions,
Political Announcements, Product Updates/Recalls, Legal
Class Action Notifications, Special Events, Brochures,
Inventory Availability, Mortgage Rates, Product Datasheets
Supports Multiple Catalogs
Multiple Retries on Busy Numbers
Toll Free 24X365 Customer Support
Detailed Transaction Reporting Provided
Fax Transmitted Within Seconds of Request
Professional Actor Voice Prompts Available
Update Documents Directly From Your Fax Machine
Rates as low as $.31/minute for select customers
Oppenheimer Software Authorized MCI Messaging Agency
Tel:800-390-9379 E-Mail:Connect-Sales@mcimail.com
Fax:800-492-6862
------------------------------
Date: Mon, 24 Mar 1997 22:30:30 -0500 (EST)
From: "L. Chen" <am302@FreeNet.Buffalo.EDU>
Subject: Re: Preserving the Corporate Shield
On Fri, 21 Mar 1997, Barry H. Rodin wrote:
> From: "L. Chen" <am302@FreeNet.Buffalo.EDU>
>
> In case of a corporation, you have to observe the "corporate formality" in
> order to get the benefit of limited liability. If not, the "corporate
> shield" would be pierced in court and you would have unlimited personal
> liability.
>
> Lily Chen
> am302@freenet.buffalo.edu
>
> ----- End of forwarded messages
>
> How does one "observe corporate formality"?
> And conversely, what actions will "pierce the corporate shield"?
>
> Barry
In general, everything should be documented. There should be corporate
resolutions where applicable, board meetings, corporate minutes, etc.
And, of course, not to treat the corporate bank account as your personal
bank account. e.g. If you borrow money for the corporation, there should
be loan documents; terms should be at arms length; the loand should not
be open-ended; etc.
If you sign any corporate documents, make sure it is in your capacity of
a corporate officer -- e.g. Barry Rodin, President (on corporate
letterhead) -- and not in your individual capacity.
This is by no means a comprehensive list. And I am not a legal or tax
professional.
Lily Chen
am302@freenet.buffalo.edu
------------------------------
Date: Mon, 24 Mar 1997 22:32:16 -0500 (EST)
From: Avrum Lapin <avrum113@cyberg8t.com>
Subject: Smallest Market Cap of S&P 500 and Wilshire 5000?
Having just read "What Works on Wall Street" by O'Shaughessy (what works is
"value" over "growth" e.g, low P/E,low P/B, low P/Cash Flow, along with the
suggestion that the S&P 500 is too small a universe) I find myself tooking
for answers to the following questions
What is the stock with the smallest market capitalization in the S&P 500
and what is its market cap.?
Same question for the Wilshire 5000
I found "What Works on Wall street" very interesting, lots of tables,
graphs and statistics for the last 45 years. I recommend the book to the
serious investor - either individual stocks or mutual funds.
Avrum Lapin
Upland., CA
------------------------------
Date: Mon, 24 Mar 1997 22:35:45 -0500 (EST)
From: Jerry Conley <jcrev@nis2.ncn.net>
Subject: How to Sell Used Books
Ira,
You mentioned having sold some used books. Where did you post them for
sale? I have used eBay Auction at http://www.ebay.com to sell computer
related books, but don't think all books would do well there. I have two
that could be of interest to subscribers to this digest. If it is
inappropriate to list them here please return my post.
O'Neil, William. "How To Make Money in Stocks: A Winning System in Good
Times or Bad." McGraw Hill. 266 pages. This is a recent edition in
excellent condition. I bought it and found that I am not very interested in
the CANSLIM approach to investing. It cost me $10.95 plus shipping. I will
sell it for $5 plus shipping at book rate.
Tyson, Eric. "Investing for Dummies." IDG Books. 419 pages. This is a
recent edition in excellent condition. I found it to be most informative
with many investing tips. It cost me $19.99. I will sell it for $10 plus
shipping at book rate.
Thank you,
Jerry
(Editor's Comment - I posted the message in the appropriate Usenet groups.
For example, yours would be appropriate for misc.invest or
misc.invest.stocks. Computer books are particularly easy to sell - for
example, the Visual Basic groups all have "basic.visual" in their name. A
short personal post that you have a book to sell is appropriate. -IK)
------------------------------
Date: Mon, 24 Mar 1997 22:37:46 -0500 (EST)
From: markorr <markorr@vais.net>
Subject: Re: Massachusetts Divorce - Try PAIRS
Ira,
The U.S. has one of the highest divorce rates in the world --
approximately 50% of marriages end in divorce. There are many lawyers
ready, willing, and more than able to arrange for an efficient and
expensive divorce. As friends of either partner considering a divorce,
it's very easy to pick sides and support one or the other, thus "helping"
in the divorce process. However, it isn't very often that others (family,
friends, or otherwise) try to help a married couple stay married. Granted,
some marriages are just not meant to be, particularly when violance and
abuse is involved. Unfortunately, it is just too easy to get a divorce and
because it is so common in our country, there is no longer any stigma or
shame associated with being divorced.
Anyway, might I suggest an excellent and inexpensive course called
PAIRS (Practical Application of Intimate Relationship Skills) that has
proven very successful in saving marriages. PAIRS is an intensive,
comprehensive, and dynamic 120 hour (16 week) course which blends the best
from masters in the experiental, educational, and therapeutic helping
professions, and integrates these concepts into practical skills to use in
daily life. It teaches relationship building, communications skills,
conflict resolution, and intimacy skills critical to making relationships
work. This is not psychotherapy or marriage conselling. When compared
to the cost (and trauma) of a divorce, this course @ $10/hour is a bargain.
Even if it fails to save the immediate marriage, the skills and tools
learned in this course are applicable and can be used in all relationships
(e.g., family, children, school, work, etc.) as they will help you avoid
the mistakes made in previous relationships and improve your ability to
create joyful, fulfilling relationships with a future partner. The
relationship skills and tools should be taught as part of our high-school
curriculum.
I'm not sure if it's available in your area, but if it is I highly
recommend that your friend and her spouse look in to it and take the free
introductory preview session the next time offered. You can look it up in
your local phone directory or call the PAIRS Foundation, Ltd. at (800)
477-2477.
Cheers,
Mark
Mark J. Orr
markorr@vais.net
------------------------------
Date: Mon, 24 Mar 1997 22:38:56 -0500 (EST)
From: Avrum Lapin <avrum113@cyberg8t.com>
Subject: Re: Recommend version of Excel for Mac?
>The Mac is a Quadra 610 (68040 cpu), System 7.1,
>8M memory.
>
Ah Ha, some one with the same machine as mine.
First Excel 2.2 and lower will not work with System 7.
You will find Excel 3. or 4 more than adequate
I have Excel 4 and have no desire to buy the latest version, Excel 5, since
it occupies too much hard drive and uses too much RAM. It also loads very
slowly.
Before I retired I was using Excel 3 and 4 to track costs on an enginering
development program, maintain small data bases and to calculate loop
responses, noise figure (lots of logs) and certain angular relationships.
The only difference between Excel 3 and 4 was that 4 allowed longer
equations. Excel's graphical abilities are limited.
In my private life I keep track of my portfolio, do Present Value/Future
Value type calculations, track certain costs in detail (should I be using
time of use rates for my electricity etc) and occasionally make plots of
CPI etc.
While Excel 5 will read files made from earlier versions of Excel, earlier
versions of Excel will not read Excel 5 files. The Excel 5 owner will have
to do as SAVE AS into an earlier versions of Excel for you to read the file
if you have earlier versions of Excel. If there are no formulas in the
file he could SAVE AS text.
Where do you buy older versions of Excel? - from friends or in a used
software store called "Cyber Exchange" which is a franchise operation (we
have one in my city)
Avrum Lapin
Upland, CA
------------------------------
Date: Mon, 24 Mar 1997 22:39:39 -0500 (EST)
From: Avrum Lapin <avrum113@cyberg8t.com>
Subject: Re: Company Policy on Tax and Relocation Expenses
>
> .... Her new employer paid her moving and
>settling-in expenses -- about $4000. The company now (in 1997) claims she
>owes them $400+ for the taxes on these expenses. Her 1996 W-2 Form reported
>the relocation expenses as income for 1996 and reported a number, say N,
>for total Federal Tax witheld. Her last paycheck stub also reported N as
>the amount of taxes witheld from her pay during 1996.
>
> ...... She has asked, but not
>gotten much explanation, and they have begun deducting extra from her
>paycheck.
>
I guess the real question is did they actually withhold all that
they told the IRS.
Some suggestions:
Can she find the stub from the check they issued to re-imburse her
for her moving expenses to see if there was with-holding. Note that if
they paid the moving expenses directly to the mover they may not have
withheld anything. Someone may have forgotten to withhold but reported
withholding to the IRS and now they want their money back.
Did she save here pay stubs through the year and can she reconcile
the witholdings through the year. (If she didn't save them she just
learned a valuable lesson in document retention)
The person in payroll/personnel who won't explain may not know.
Your daughter's supervisor should be able to initiate an inquiry somewhere
higher up in the payroll/personnel department and get an detailed answer.
If the supervisor won't help or retaliates then this a good sign that one
should look for a new job as soon as the commitment for the relocation
package is done. Other people to help is the head recuiter in HR.
It is probable that most of the relocation package is not taxable.
Note that in IRS publication 17 it states - "Your employer must give you an
itemized list of payments, reimbusements or allowances that have been paid
for moving expenses. Form 4782 may be used" . She needs to report her
expenses on Form 3903 which defines allowable and unallowable expenses. The
allowed expenses are then reported (deducted) on line 24 of Form 1040.
Publication 521 has more information.
If push comes to shove, the IRS will initiate a resolution - call
and tell them that there is W-2 reconcilliation problem and they will send
a form.
Not a professional. This advice is worth what you paid for it
Avrum Lapin
Upland, CA
------------------------------
Date: Mon, 24 Mar 1997 22:40:20 -0500 (EST)
From: sprasad@hsmpk12a-61.Eng.Sun.COM (Shankar Prasad)
Subject: Quicken 6 for Win question
I have a few questions about Quicken (6 for Win) price history management
1. Is the Price History (shown in Security Detail View, Portfolio etc)
maintained as part of the Quicken data file ? If so, in which
file does it occur (qdata.qdb, qdata.qel, qdata.qmd, qdata.qsd or
qdata.qtx) ? What I am most interested in is, is the price history
saved when I perform a "Backup" or a "File Copy" ?
2. Is there a way to 'flush' out all the price history ? During the
year, I tend to include more price history (daily or weekly) to
track the portfolio. At the end of the year or some such time, I
would like to just forget all this price history, and save space
in the data file backup.
3. If I 'flush' out price history, is there a way to reconstruct
price history from the transactions in the various investment
registers ? Basically, this is the same as the automatic
"adding the price" which occurs when a new Buy or Sell transaction
is entered.
4. If I do a File -> File_Copy the resulting copied file-set is much
smaller than the qdata.* file-set in the Quicken Data directory ?
Similarly, the results of File_Copy are much smaller than the
results of Backup operation. Does this mean that there is some
information in the Quicken Data directory (and the backup) which
is being lost when doing the File_Copy ? If there is no loss
involved, I would like to do the File_Copy and then replace the
data set with the File_Copy results.
- --
Regards
Shankar Prasad
------------------------------
Date: Mon, 24 Mar 1997 22:41:12 -0500 (EST)
From: "Samuel D. Fink" <sdfink@groupz.net>
Subject: TAX WOES: Capital Gains (U)
My wife and I sold a rental home this year. We had rented the property
for ~10 yr to my nephew at virtually no profit. When we started
renting, we claimed a straight line depreciation on the original basis.
However, I forgot to include a credit for an improvement (i.e,
replacement windows). I now find that adjusting the cost basis for this
improvement saves me a tidy sum on the tax bill.
Do I owe penalties for not claiming this improvement earlier? Can
I make the adjustment on this year's return? Do I need to file 1040x
for the previous years?
THANKS
------------------------------
Date: Mon, 24 Mar 1997 22:42:09 -0500 (EST)
From: msmith@cygnacom.com
Subject: Quicken 5 vs. Quicken 6
Greetings!
I am a long-time user of Quicken for the PC and am currently running
Version 5 for Windows. I recently got a mailing from Intuit for an
upgrade to Version 6 for about $25. I seem to recall reading
somewhere that V6 was a dog; is that correct? Anybody used both and
want to comment on the relative merits of either? Should I upgrade?
Thanks!!
Mark Smith
msmith@cygnacom.com
------------------------------
Date: Mon, 24 Mar 1997 22:42:56 -0500 (EST)
From: kmeinken@one.net
Subject: Re: What's wrong with 'Dogs of the Dow' ?
Ian makes a few comments that I'd like to explore.
First he suggests shorting the current "Dogs" when they go off the
list. Actually, Ian, some studies have shown that holding for two
years is very profitable, perhaps better than the one year period, so
I don't think that would be all that successful.
As for major shifts when all the Dow Dogs followers switch, you need
to consider two things: the Dow stocks are very large and widely
held. I don't think the DD holdings are significant. Even more
important, there is no set time for any of the portfolios. Yes, some
people start on January 2, but other people start at many other
times. Studies show that there is no significant advantage
to starting in any particular month. The unit trusts with the
major brokerages are in three series, starting four months apart with
the actual start dates varying (and not announced ahead of time).
You feel that now that the formula is known, so many people will
follow it that it won't work. But it's really a basic contrarian
approach (buy what others have cast off in a list of large well run
companies) and I don't think that approach will ever go out of style.
It's really a counterbalance to the "buy what's hot" crowd. As long
as we have momentum investors, I think the contrarian approach will
still work. Sure, there will be some periods of underperformance.
Nobody claims that the Dow Dogs will yield 20+%. But it has
consistently beaten the market and most mutual funds over long
periods. I don't hink your dart board appoach has shown that.
Ken
------------------------------
Date: Mon, 24 Mar 1997 22:44:01 -0500 (EST)
From: Rich Carreiro <rlcarr@animato.pn.com>
Subject: Re: What's wrong with 'Dogs of the Dow' ?
>espouses the "efficient market theory". Efficient market theory
>recommends that you randomly choose stocks to buy and keep those stocks
>until you need the money. The randomness in efficient market theory is
The efficient market hypothesis does not recommend buying random
stocks. The EMH has three forms (weak, semi-strong, strong) and
basically says ``Using information set S, you cannot earn returns in
excess of the market more often than what chance would predict.'' In
the weak form, S is historical prices. As you move into the stonger
forms, more and more information is included in S.
Built on the EMH are the various forms of Modern Portfolio Theory.
The idea of MPT is that you have to speak about a portfolio as a
whole, not as it parts, since in fact the whole can be greater than
the sum of the parts -- if assets that do not move in step are
combined (i.e. have correlation coefficient less than one), their
combined return will be the weighted average of the returns, but their
combined variance will be less than the weighted average of the
variances.
Many adherents of this further claim that the efficient portfolio is
in fact the market porfolio. You can then move around on the
efficient frontier by combining the market portfolio with risk-free
assets if you want less risk (and of course less return) but still
want to be efficient. Or you can borrow money at the risk-free rate
and invest that, dialing your risk and return up while still being
efficient.
Looking globally, you can start to combine various global asset
classes (US Large Cap Growth/Value, US Small Cap Growth/Value, Foreign
Large Cap Growth/Value, etc., etc.), looking at their returns,
variances, and cross-correlations to find those combinations that give
the highest return for a given risk, or lowest risk for a given return
- -- the global efficient frontier.
But in any case, secrecy is hardly a part of all this.
Some books that touch this are _Capital Ideas: The Improbable Origins
of Modern Wall Street_, and _Against the Gods: The Remarkable Story of
Risk_, both by Peter Bernstein. _A Random Walk Down Wall Street_ by
Burton Malkiel. _Investments_ by William F. Sharpe et al. There's
also a good book on global investing by Rex Sinquefeld and Roger
Ibbotson, and for those who want to see some raw data, Ibbotson and
Sinquefeld's _Stocks, Bonds, Bills, and Inflation_.
Rich Carreiro
rlcarr@animato.pn.com
------------------------------
Date: Mon, 24 Mar 1997 22:45:07 -0500 (EST)
From: "Burke, Cec EXEC" <CBURKE@tbw.gov.nf.ca>
Subject: Re: How Lawyers Ate Through My Father In Law's Estate
Ira,
While reading the posts regarding lawyers and divorces I was reminded of a
situation I was involved in several years ago in the settling of my
father-in-laws estate.
When my father-in-law passed away the executor of his Will was his best
friend for over 40 years. The estate was small (less than $150,000) and
included a home, a car and some life insurance. The amount of work the
executor completed was minimal and for this my wife(sole beneficiary)
decided that she would give the executor a gift that would be in memory of
her father.
Before she had a chance the executor presented a bill to the estate for
$7,000 for fees. Because he was a best friend my wife and I were totally
shocked that this person could even think that he was entitled to anything.
My father-in-law would have made provisions for a fee if he thought it was
necessary. We were so appalled we refused the request immediately. The
executor then went and hired another lawyer in a fight for fees, and we were
forced to do the same. At this point there are now 3 lawyers involved, all
billing the estate.
To make a long story short, 2 years later the executor received a small
settlement of $1,500. The lawyers were the big winners billing the estate
over $12,000. Needless to say both my wife and I have a poor opinion of
lawyers. We have since made a formal complaint to the local Law Society
for all the good it will do.
My advice: To set out the executor fees in your Will. If there is a
dispute, try mediation. It will cost a lot less.
Cec Burke
------------------------------
Date: Mon, 24 Mar 1997 22:46:16 -0500 (EST)
From: Raja.Rao@mvs.udel.edu
Subject: Ziff Davis University?
Hi All, Has anyone done courses thru ZDU (Ziff Davis Univ) on the net?
What has the experience been like? Thanks.
------------------------------
Date: Mon, 24 Mar 1997 22:47:02 -0500 (EST)
From: Scott Presnell <srp@zgi.com>
Subject: Credit Cards with UA Flyer Miles?
Hi Folks,
We've just recently started concerning ourselves with
frequent flyer miles, and were wondering if folks could recommend
some credit cards which give United Airlines frequent flyer miles
as reward/bonus points for purchases.
Thanks for your time.
- Scott Presnell (srp@zgi.com)
------------------------------
Date: Mon, 24 Mar 1997 22:50:56 -0500 (EST)
From: GeorgeS <pip@shore.net>
Subject: Why I Don't Use the Public Library
> Why not use the public library to find out about new books,
> instead of Borders or Barnes and Noble?
First, with the exception of the BPL, most of the public libraries do not
have the selection.
Second, where I live, the public library is not open when I am not at work.
I would love to kill an evening with books in a library. Unfortunately the
library is closed. I can spend lunch at the library near work, but this gets
us back to square 1.
Third, the better Barnes and Nobles have coffee shops adjacent to the
bookstore. Now there is a definition of heaven on earth if ever I heard of one.
Fourth, the B&N people are just so much better at locating the book you
want, if it is in print. The local librarians sometimes have the attitude
"we have so many books, why not read one of the ones we have."
(Editor's Comment - In Massachusetts, you can use your local library card
at any other town's library. Newton has a beautiful library that's
heavily used, with a great selection, a legacy from the late Mayor Mann.
Don't know about the coffee :). -IK)
------------------------------
Date: Mon, 24 Mar 1997 22:54:51 -0500 (EST)
From: "Schultz, Stacey" <Stacey.Schultz@Grubb-Ellis.com>
Subject: RE: Second Computer vs. Zip Drive Backup
Two computers (one for backups) is really not sensible, nor economical.
If you are going to spend any money at all, invest in an a simple Zip
drive. The cartridges hold a 100 megs and will hold the important data you
need. There really is no need to backup all of your major apps, as a
reinstall is a relatively simple process. Iomega is a cheap, and
economical solution.. If you want to back up more data than than a 100
megs..go to the Iomega Ditto drive.
Regards,
Brent Kleinheksel
Network Admin
Grubb & Ellis
------------------------------
Date: Mon, 24 Mar 1997 22:55:41 -0500 (EST)
From: Kila Roberts <roberts@mort.bsd.uchicago.edu>
Subject: Best CD Changes?
Does anyone know a website that wil give me information on the best cd
changers on the market. I am installing one in my car and would like to
find out the best. Any info is appreciated.
TIA
Kila Roberts
roberts@mort.bsd.uchicago.edu
------------------------------
Date: Mon, 24 Mar 1997 22:59:20 -0500 (EST)
From: "Schafer, Rick" <schaferr@eng1.otis.com>
Subject: RE: Marriage Encounters
I responded earlier about having been divorced w/out a lawyer in Mass.
My (now) ex & I had been through Marriage Encounters a couple of years
before we broke up.
Marriage Encounters I think is to make good marriages better. It is
pretty intense. It is not for an already shaky marriage.
Rick
------------------------------
Date: Mon, 24 Mar 1997 23:00:37 -0500 (EST)
From: David Martin <dmartin@seabreeze.hc.ti.com>
Subject: Tax Withholding Questions
I have some questions about income tax witholding. I know that
estimated tax payments need to be paid quarterly, not in one big lump
at the end of the year. Is this true of witholding taxes, or can you
underwithold for the first part of the year and overwithold for the
latter part of the year? (I realize that if you push this to an
extreme, the IRS might decide to audit you.)
Also, is there any rule about how much tax must be witheld
from one's paycheck in order to avoid penalties other than the 90% of
current liability/100% of last years liability/estimated taxes paid on
time rules? I have been having an argument with a friend of mine about
income tax witholding, and he claims that even if one has had 100% of
last year's tax liability witheld and made any required estimated tax
payments on time, that one can still incur a penalty for
underwitholding. (This is assuming that one makes under $150K/yr,
doesn't need to deal with AMT, doesn't have complicated deductions.)
-David Martin
------------------------------
Date: Mon, 24 Mar 1997 23:02:40 -0500 (EST)
From: rrk@aps.anl.gov (Robert Kalt)
Subject: Welco Securities?
Hello Ira & Co!
I finally took a browse of krakow.com, Ira. Very good work!
I was wondering if anyone had any info on Welco Securities, Inc.
They sell investment notes for Walnut Equipment Leasing Co., Inc.
which have the following effective yields:
6 months - 10.31%
12 10.47
36 10.8
60 11.02
120 11.57
The notes are not FDIC insured. Welco is a member of NASDR & SIPC.
Can someone explaine those acronyms?
Their phone number is: (800) 695-1470.
- -----------------TIA--------------------Bob------------------
------------------------------
End of persfin-digest V4 #12
****************************
Articles sorted by: [Date]
[Author]
[Subject]