It’s Happy hour time again. TGIF and all that. So sit back, relax and check out some interesting reads I’ve come across this week.
A big psychological milestone was reached on Tuesday when the Dow climbed above 13,000 for the first time since 2008. Now we just need it to close above 13,000 which might happen today. Up next 14,000, which we haven’t seen since 2007. Just a gut feeling, but when that happens the market will be off to the races with the next big bull market.
Million Mustache March
Proof of how screwy our tax system is, the STACHE Act is being pushed by the American Mustache Association as a way to benefit the economy. So the AMI is asking for a law to be passed that would give up to $250 in tax refunds for Mustached Americans and promoting it with a Mustached March on Washington in April. I see an American Armpit and Leg Hair Coalition starting if this works.
For the person who has everything and still needs more, I bring you Mr. Kennedy gold shoelaces. Not just any gold shoelaces, 24-karat gold hand-woven shoelaces. For those of you on a budget, they have the lower cost silver woven shoelaces. Still too pricey, well, there is always the Bedazzler!
- Not all dividend paying stocks are alike, or even a good investment. As investors, we need to question a companies ability to pay a dividend, as discussed by Hank over at Dividend Ninja. Definitely some good advice there and a topic I’ve planned on covering.