Call us cynics but do we really need one day a year to express love and affection to our husbands, wives, boyfriends, girlfriends and partners? Shouldn’t we be doing that everyday? Damn you Hallmark and Russell Stover! Unfortunately, these charlatans aren’t the only ones who waste our money. In the spirit of Valentine’s Day (and [...]

One of the little known facts of last year’s tax bill – well, little known except outside of the corporate world – is that U.S. companies will be permitted to repatriate profits in 2005 at a reduced tax rate. The traditional corporate tax rate is 35% but provisions of the legislation allow profits to be [...]

First and foremost, we at Apollo Wealth Management, Ltd. wish everyone a safe and prosperous 2005. May the new year bring us all an overabundance of success and happiness. Having said that, we thought we’d share something that occurred to us when we spent a few hours over the holidays with J.D. Salinger’s “The Catcher [...]

The U.S. Dollar has followed a downward trend against the major currencies (e.g. Yen, Euro) for the better part of three years yet only now has the popular press caught on. The situation only stands to get worse due to pressures from Social Security, the budget deficit and trade policy to name a few. Let’s [...]

Beginning in December, the Fair and Accurate Credit Transactions Act (“FACTA”) requires the three major credit bureaus – Equifax, Experian and TransUnion – to provide consumers, upon request, a free copy of their credit report once every 12 months. According to the Federal Trade Commission, FACTA, intended to provide information to correct errors and prevent [...]

Thanks to everyone who wrote to us regarding our last article. Many of you suggested there was a conservative tilt to our piece. We assure you we had no such intention in writing about post-election “winners” and “losers”. Rather, we sought to identify industries and sectors that would benefit or struggle as a result of [...]

Investors are unlikely to make big bets with the Presidential election a few weeks away and the outcome uncertain. How will investors react once the election has been decided? What sectors stand to gain? Who will be the losers? Neither candidate has been particularly specific on individual issues. Generally, President Bush appears to favor a [...]

With a formal background in economics, I have no problem being a bit self-deprecating by sharing an old joke. It has been said that all the economists can be lined up one by one around the world and they’d never reach a conclusion. Yes, it’s a terrible pun but it underscores the confusion of investors [...]

A couple of recent studies suggest that baby boomers have been negligent in providing for their financial future. In one study released by the lobbying group Americans for a Secure Retirement, former senior economist for the White House Council of Economic Advisors and current University of Illinois professor Jeffrey Brown noted that the decline in [...]

We’re just about at the midpoint of 2003. It’s supposed to be a time when the ‘mood’ for the year is established and firm. Events of the first six months dictate how we feel and impact how we see the next six months playing out. We feared another corporate scandal. It hasn’t happened. We feared [...]