1. Rob Carrick reports that the Supreme Court has ruled against the Lipson’s in the mortgage-interest deduction case. The Lipsons were using what could be called a very aggressive version of the Smith manoeuvre.
2. Kelly McParland’s review of Garth Turner’s latest book is hilarious (sadly, the web page with the review has disappeared since the time of writing). I have a hard time throwing away books; it just feels wrong. I made an exception for one of Turner’s books several years ago.
3. BluntMoney has some blunt words about thinking in terms of monthly payments. I particularly liked the advice about cars.