You incur a capital gain when you sell an asset for a profit. This could be anything from land or a house to stocks and bonds. For investing purposes, you figure out your capital gains tax on the difference between your “basis” in the stock and the sales price. Basis is usually what you […]
Less than two months until tax day! It’s important to find out what changes the IRS makes each year to tax laws that may affect you before filing your taxes. Topics for new tax law changes for individuals for the 2005 tax year are:
* Charitable contributions
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For filing taxes in general there is a lot of information, rules, codes, etc. to know about. And when you add trying to figure out how to incorporate your investment earnings and losses there’s even more you need to know. Below are a few links that may have information you can use when […]
Here are some of the benefits of mutual funds over stocks: mutual funds offer a great deal of diversification;
small sums of money get you further in mutual funds than in Stocks; you can exit a fund without getting caught on the bid/ask spread; funds provide an inexpensive and easy way to reinvest dividends; a […]
Bear Market
A long term downtrend (a downtrend lasting months to years) in any market, especially the stock market, characterized by lower intermediate lows (those established in a time frame of weeks to months) interrupted by lower intermediate highs. From Trader Vic- Methods of a Wall Street Master, by Victor Sperandeo.
A bear market is a […]
In planning for your retirement, you can save tens of thousands of dollars over the long run by investing in exchange-traded funds (ETFs) rather than mutual funds. This is possible because exchange-traded funds are cheaper to operate which translates to lower expenses than mutual funds. Part of the reason ETFs are less expensive to operate […]