Archive for: April, 2009

The Trend Is Your Friend Till It Ends

Bruce  from Toronto, Ontario writes about FAZ or FAS: Hi Lou, I bugged you before and you nailed it with a great call on Barclays Bank. I been having fun playing the FAZ and FAS. I was wondering what your opinion is on these face ripping ETFs? I love your input on AM640. Thanks, Bruce [...]

April 15, 2009 | Posted in Investment Strategies | Read Article »

Land! Its The Only Thing That Lasts!

Steve from Cambridge writes about capital gains on land: Hi Lou, When selling land that has been gifted by a family member (not inherited), how is the basis for tax established? I understand the determination of property vs business vs capital gain income, however my question is, will the all the proceeds be taxed since [...]

April 13, 2009 | Posted in Estate Planning,Real Estate,Taxes | Read Article »
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