Wednesday, June 3, 2020
It’s Federal income tax filing day. It’s a stressful day for many people. Investors get the added bonus of paying extra taxes on their investment gains, interest and dividend income. Investors and financial advisors can get fixated on reducing taxes, because no one likes to write a check to the IRS. I want to burst […]
With our current political climate, the EU punishing Britain for Brexit, tariffs, trade wars, the Fed raising rates, record government deficits and whatever hysteria the media can create – the crystal ball is full of clutter. How should investors approach 2019? We’ve assembled a terrific group of highly regarded experts with excellent track records. Readers […]
The market is bouncing up and down like Marqeus Haynes dribbled a basketball. Are stop losses necessary? Investors are edgy. Money and Markets reports – “Alarming Survey: Record Number of Fund Managers More Bearish than 08 Crisis”. “…. Bank of America’s monthly survey…is warning investors to take caution and heed the market’s warning signs. …investors managing about $646 billion […]
In June, the U.S. Supreme Court reversed earlier tax rules to allow states to collect sales from online vendors who do not have a physical presence in a state. Before the ruling, a lot of Internet sales did not include the collection of sales taxes, giving online vendors a price advantage over local brick-and-mortar retailers. […]
With this year’s tax filing deadline date just past, it’s a good as time as any to take a look at a few special situations whose stock prices were hit because of recent changes in tax policies. The first company I want to tell you about is one that has become a real life example […]
More than a few subscriber questions cross my desk about the return-of-capital (ROC) dividend reports sent out by brokerage firms. The term return-of-capital sounds like something that is not a benefit to you as an investor. The reality is there are nuances to this income classification, and in the right circumstances, ROC income is very […]
Well this past week has certainly been interesting. After a pretty terrible week for stocks, the Dow Jones Industrial Average is now down 5% for the year and the S&P 500 is down about 3%. This certainly isn’t the year most investors expected, especially after the market reacted so positively to the reduction in corporate […]
A basic truth in life is that, if it sounds too good to be true, it usually isn’t all it’s cracked up to be. The same applies to investing. You have probably heard how great the tax cut will be for companies across the board. Well, ‘warts’ are already appearing on the tax cut front. […]
It seems like most U.S. financial media cannot quit gushing about the new tax laws. The coverage is universally positive – I’m waiting to hear that the tax cut will cure the common cold. However, the media ignores the fact that some companies will end up paying higher tax bills. All thanks to the provision […]
The more things change, the more they stay the same. Just because the year now has an “8” at the end of it, the stock market doesn’t care. Share prices continue to party like it’s… well, 2017. (Note: Tony Daltorio wrote a great piece last weekend in the Premium Digest on this same theme. He […]
