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Not putting all your eggs in one basket is the most basic principle of investing...Investors have long been told by stockbrokers and financial planners that to have a properly diversified stock portfolio, you need shares in only 10 to 40 companies. Even...
Tags: stock portfolios, single companies, Colorado Springs, Funds, Stock market, Diversification, Index fund, Stock market index, Investment, Finance, Financial services, Business Finance
We have $400,000 (all our savings) in two $200,000 CDs that are averaging 3.8 percent interest...And we can live on our income from Social Security and a pension. I feel that something bad is going to happen to the U.S. economy, but I have no idea what...
Tags: qualified plans, tax liability, medical expenses, Torrance, Roth IRA, Retirement, Annuity, Adjusted Gross Income, Pension, Business Finance, Individual Retirement Accounts, Finance, Traditional IRA, Social Issues, Human Interest
Medical device company ART Advanced Research Technologies Inc. (TSX:ARA) said Friday it has signed a deal to be acquired by Dorsky Worldwide Corp. and restructure the company under the Bankruptcy and Insolvency Act. Under the proposal, the company's unsecured...
Tags: Canada, Montreal, Unsecured creditor, Secured creditor, Insolvency, Technology Internet, Bankruptcy, Insolvency law, Finance, Business Finance, Labor
British banks is a dangerous ploy as Ken Taylor pointed out in last week's Closing Bell. It's undeniable that investors who felt uneasy about equity markets last year and went largely into cash prior to autumn 2008 avoided much of the stock market losses.
Tags: stock market, fund managers, United Kingdom, London, Finance, Investment management, Equity investment, M&G Investments, Investment, Financial services, Funds, Business Finance
Alistair Darling is set to target national insurance and inheritance tax in next month's Pre-Budget Report as he looks to plug gaping holes in the public purse, experts have predicted. An increase in the rate of capital gains tax (CGT) is the most widely...
Tags: United Kingdom, Glasgow, Finance, Capital gains tax, Estate tax in the United States, Income tax, Tax, Taxation in the United Kingdom, Taxation, Inheritance Tax, Business Finance
Edinburgh Gazette started to resemble a telephone directory, rather than the slim volume of normal times...They have not resembled anything close to normality for well over a year now and the chances of us basking on the sunny uplands of normality any...
Tags: Scotland, United Kingdom, Glasgow, Credit, Bankruptcy, Insolvency, Consumer debt, Administration, Business Finance, Debt, Finance, Insolvency law
About two and a half years ago I inherited about 500 shares of WellPoint stock. If I were to decide to sell the stock, what tax obligation would I have?...J.B., Winter Park A: Shares of stock that you inherit will receive a stepped-up cost basis on the...
Tags: Orlando, Stock, Finance, WellPoint, Tax, Human Interest, Business Finance
It invests in goldmines – and it became a goldmine. Every £1,000 invested in BlackRock Gold & General at the beginning of the decade was worth £7,846 10 years later, closely followed by another gold-invested fund, JPMorgan Natural Resources, according...
Tags: Axa Framlington Global Technology, invested fund, China, Philip Gibbs, asset managers, United Kingdom, London, Finance, Collective investment scheme, Rate of return, Asset allocation, Jupiter Asset Management, Investment, Financial services, Funds, Business Finance
Moody's Investors Service downgraded ratings for Liberty Media Corp. subsidiary Liberty Media LLC on Friday. The changes come shortly after shareholders approved the formation of a new company out of DirecTV Group Inc. and some of Liberty's entertainment...
Tags: Liberty Media LLC, Liberty Media Corp., Moody's Investors Service, Minneapolis, The DirecTV Group, DirecTV, Finance, Credit rating agencies, Moody's, Liberty Media, Business Finance
They offer a yield of more than 8 per cent, the sort of return once associated with high-risk enterprises. But the company is riding out the recessionary storms in style and although profits are under some pressure there appears to be every chance it...
Tags: United Kingdom, London, Dividend, Finance, Equity securities, Rights issue, Special dividend, Dividends, Corporate finance, Stock market, Business Finance