An upcoming change in retirement planning legislation will open up an opportunity for some higher income investors to convert their Traditional IRAs to Roth IRAs when they previously could not.
Currently, investors with Modified Adjusted Gross Income (MAGI) over $100k are ineligible to convert their Traditional IRAs to Roth IRAs. However, starting in 2010 that $100k MAGI [...]
The smart grid is the best thing we can do to have an immediate impact on our energy use. The dirty little secret of the rush to electric cars is that we will still need to produce the electricity somewhere and deliver it somehow. Our power grid has shown significant vulnerability over the past decade [...]
Thirty years ago people would have questioned your sanity if you proposed the idea of a hand held device that plays digital entertainment, (movies, Television, music, books, home video, photos, etc.) organizes your life (email, calendar, GPS navigation, phone book, internet) and works as a cell phone. That multifunctional ability is called digital convergence, when [...]
We have now reached an undersupplied U.S. natural gas situation, winter is approaching, and industrial demand may be about to improve due to a rebounding economy. These factors should soon combine to create a turning point in natural gas pricing. In fact, longer term gas contract prices have stabilized. The current price of natural gas [...]
What’s the Deal with Gold?
My take is that gold prices will remain high (and perhaps even climb from here) for the near term until investors gain more confidence that 1) the emerging economic improvement can be sustained through 2010, 2) the Fed and Congress can exit their various stimulus programs in a timely and thoughtful way, and 3) the [...]