I’ve been rather unmotivated to update this financial blog lately. The reason? Taxes! I generally like to keep the tone of this blog upbeat, and when taxes are on my mind my tone tends to be closer to beat up. Speaking of… my tax payment checks are going in the mail today. My property tax checks will be going out next month.
However, baseball season is now underway, and that is good. And my softball league will start up next month… one of the highlights of summer for me. I wonder how much complicated MLB player’s taxes are and how many states they have to file in? Also US military personnel. If I made the rules, US soldiers would not have to pay single cent of tax on their wages while in combat tours.
Whoops, I’ve done it again! Thinking about taxes and spoiling the prospect of a good mood. So on to the topic of gold. I can’t seem to go anywhere with out seeing or hearing either “We buy Gold!” or buy physical gold from us because someone thinks gold will go to $2000 per (troy) ounce.
If I had some gold trinkets or coins sitting a drawer somewhere — gold items that didn’t have any sentimental value to me — I’d get some local cash quotes, pick the highest, and sell. But as for buying gold… nah… I’d rather buy index funds or black gold, in the form of ETFs XLE and/or VDE. In fact I currently own XLE, VDE, SPY, VTI, SCHB to name a few.
Well, I’ve got to cut off this financial/baseball/gold/taxes blog post early, as I’ve got to run the dog to advance canine training class. Best investing wishes, and may taxes not bite too deeply this year.