How to Handle the Dangers of DIY Investing
Wall Street wants you to believe that you need professional help to manage your money, but most investors prefer to go it alone. And you, can, if you dodge these pitfalls.
Wall Street wants you to believe that you need professional help to manage your money, but most investors prefer to go it alone. And you, can, if you dodge these pitfalls.
Considering the sort of things that usually go viral on YouTube, you might not expect a six-minute video titled "Wealth Inequality in America," to make the grade. But its powerful snapshot of the American economic landscape is grabbing attention in a way that years of pontificating pundits haven't been able to.
With Washington gridlocked again over whether to raise their taxes, it turns out wealthy families already are paying some of their biggest federal tax bills in decades even as the rest of the population continues to pay at historically low rates.
On Sunday, President Obama went on the offensive against the carried interest tax rate. In a nutshell, this tax break allows super-rich hedge fund managers to sidestep a large portion of their tax bills with Wall Street slight of hand.
In recent years, with low interest rates devastating the returns on conservative investment options, income-hungry investors have turned more and more to dividend stocks. And had there not been a fiscal cliff deal, even that last refuge for income investors could have disappeared.
Many of America's rich are complaining that top tax rates are rising in 2013. But, really, they should be glad the new rates will be so low. France is boosting its top tax rate from 48 percent to as high as 75 percent -- and driving some businesspeople and celebrities to bid their home country adieu.
One of the most contentious issues in the debate over how the U.S. government can increase its revenues involves the capital gains tax rate -- the rate investors pay on their profits. Here's what you need to know to understand just what both sides are arguing about.
If meeting with your financial advisor is on your December "to-do" list -- and it should be -- here are a half dozen things you should do to prepare that will help you get the most out of the meeting.
Nobody likes to spend the holidays thinking about taxes. But by spending a little time now, you can potentially give yourself a nice reward when your IRS refund comes next year. Here are five ways you can uncover tax savings between now and New Year's Eve.
A lot of companies have moved up their January dividends to late December this year, to help shareholders avoid a 2013 tax hike. And some of those dividends have been made extra juicy. But Oracle CEO Larry Ellison is going even bigger: He's issuing three quarters worth of dividends at once.
Furniture retailer Ethan Allen Interiors this week became the latest company to move its dividend distribution up to December -- a shift that will help shareholders avoid the tax increases on such payouts that are coming in 2013. Is that good business, or bad corporate citizenship?
Year-end tax planning is trickier this time around: Unless Congress compromises, all the Bush tax cuts will expire when 2013 arrives, and many popular tax breaks that expired at the end of 2011 may not get revived. Here's how you can lower what you owe the IRS, regardless of what happens in Washington next month.
When Congress passed the Bush tax cuts in 2003, they set the dividend rate and the long-term capital gains rate at just 15%. But the rate was made even lower for people in the bottom two tax brackets -- and if you qualify, you may only have a few more weeks to capitalize on that.
Beyond the land of presidential debates, the political arena is getting hotter. The pending economic catastrophe that is the "fiscal cliff" is drawing closer. But the broad numbers the pundits are tossing around hide some interesting truths about who'll feel the most pain if we hurtle over it.
Mitt Romney says the key to getting America's growth back on track is cut taxes even further on the wealthy. But would cutting taxes on "job creators" actually do that? No -- at least not according to the data compiled by nonpartisan Congressional Research Service.














