Tax season can be a frustrating time for any investor. This frustration can evolve into a very irritating situation for brokerage companies and clients alike. It’s not uncommon that the first 1099 you get from your broker won’t always be 100% accurate. For example, TD Ameritrade has a deadline of February 15th to have their [...]…
Mar
21
2013
Stock Trading IS a Loser’s Game! I can’t think of one single article Weston has ever written that isn’t a hard hitting, right to the point masterpiece! If you’ve followed me for any length of time at all you’re well aware he’s by far my favorite financial writer/presenter! …
Feb
21
2013
What are SEP plans? A simplified employee pension, more commonly known as a SEP plan, is an employer sponsored plan where the employer makes contributions on behalf of it’s employee’s. Employee’s can also make contributions to their SEP IRA. If you’re a self employed individual and want to sock away a good amount of mone…
Feb
12
2013
Courtesy of our government, here’s a few more changes to tax law (all in an effort to avoid fiscal cliff). Increases the top tax rate to 39.6% for taxpayers earning $400,000 or more; $450,000 or more if married. (Amounts indexed for inflation) Increases the long-term capital gains and qualifying dividends tax rate 5% from 15% [...]…
Jan
15
2013
Another great article by Weston Wellington at DFA. He’s a great author and educator. It took nearly 4½ years, but the cumulative wealth of an S&P 500 strategy with dividends reinvested finally reached an all-time record (measured on a month-end basis) in March 2012, and finished the year 3.3% above the previous high-water mark set [...]…
Jan
14
2013
These articles by Nick Murray are my favorite by far. They’re copyrighted and protected ONLY for clients of his subscribers. Fortunately this month he is doing a ONE TIME deal and allowing me to publish this on my website. Enjoy! 2012: The Year Pessimism Got Skunked… Again The election. The fiscal cliff. The national debt. The [...…
Jan
07
2013
Are My Investment Fees Tax Deductible? It always helps to reduce your tax burden as much as possible. Fortunately the IRS does allow investors to deduct some of the investment management fees they pay. The tax treatment of investment fees isn’t as good as it could be – or should be – however it is [...]…
Nov
20
2012
