An investment is any action you can take with your money, in hopes that it will bring you a greater return on your money. The investment could be in stocks, bonds, real estate, retirement plans, or even collectibles. Learn here about different types of investments and how to deal with taxes, brokers, and more when it comes to your investments.
ETF Investment Advice for Beginners
Exchange-traded funds, or ETFs, are among the newer investment options. ETF investing is useful for diversifying your portfolio, according to John Wasik, coauthor of "iMoney: Profitable ETF Strategies for Every Investor." You can buy ETFs that are index funds, bond funds or sector funds. Wasik recommends some ETFs for the beginning ETF investor.
Ilyce Glink on WSB Radio – October 12, 2008
Today on the Ilyce Glink Show, Ilyce covered the highlights of what has been billed as the "Worst Week in Wall Street History." A week where the Dow Jones index dropped 2,400 points, marking a more than 40 percentage point drop from the high a year ago. Today's show, which featured a special third hour, Ilyce answered questions on investing in the stock market, if it would be possible to reduce quarterly tax payments, how to help aging parents transfer a property to children to avoid it being sold to pay assisted living fees, choosing a good company in which to invest now that prices are so low, choosing a good financial advisor, 529 college savings plans and other ways to save for college tuition, buying a foreclosure and being aware of homeowner association rules and regulations (before closing), who real estate attorneys really represent in Georgia, whether you should choose a self-employed 401(k) or Sep IRA if you get 1099 income, and what are the risks of going entirely with a wireless phone (especially where 911 calls are concerned). To find out more, tune into the show. For show notes and updates through the week, check out her blog at www.thinkglink.com/blog , and sign up for her free weekly newsletter on the ThinkGlink.com home page. Check out the videos at www.expertrealestatetips.net. And be sure to subscribe to her YouTube channel.
Ilyce Glink on WSB Radio – October 5, 2008
Today on a special 3-hour edition of The Ilyce Glink Show, Ilyce took calls and answered questions about the bailout/rescue package and how what is happening on Wall Street is filtering down to Main Street. She took calls from folks who have lost their jobs and can't afford their mortgage payments; reverse mortgages; helped callers figure out who to call at their mortgage companies to get moving on a loan mitigation program; buyers who are purchasing foreclosures and are having trouble getting information; using IRA funds to pay off a mortgage or other debt; how to get a lender to do a short sale if you're not behind in your loan; investments to make with cash on hand; how to sell an FSBO; how to buy and sell gold; and how to invest with less risk in the stock market. She also took plenty of calls on the $700/$800 billion bailout/rescue bill that passed Congress and was signed into law by President Bush this week. To find out more, tune into the show. For show notes and updates through the week, check out her blog at www.thinkglink.com/blog , and sign up for her free weekly newsletter on the ThinkGlink.com home page. Check out the videos at www.expertrealestatetips.net. And be sure to subscribe to her YouTube channel.
1031 Exchange – What is Cost Basis?
Learn how cost basis is calculated for a 1031 tax exchange. 1031 exchange expert Julianna A. Clementi-Ryan explains what's involved in determining cost basis.
Ilyce Glink on WSB Radio – September 28, 2008
Today on the Ilyce Glink Show, Ilyce talked about the gas shortage in the Atlanta area. She took calls from people like Jeff, who wondered why there wasn't a shortage or a pricing problem in places like Florida or North Georgia, and Keith, who believes that by killing price gouging you're getting rid of free market incentives to fix the supply problem. She also discussed the $700 billion bailout package that Congress seemed to agree to late Saturday night (9/20). She took a number of calls from Wachovia bank customers and retired employees, who all were wondering if their deposits were safe, if their mortgages would get credited correctly, if their investments were protected. Phyllis wanted to know if there was anything she could do to make sure her Washington Mutual (WaMu) mortgage transferred correctly to Chase (keep her paper trail handy, Ilyce said). To find out more, tune into the show. For show notes and updates through the week, check out her blog at www.thinkglink.com/blog , and sign up for her free weekly newsletter on the ThinkGlink.com home page. Check out the videos at www.expertrealestatetips.net. And be sure to subscribe to her YouTube channel.
Class Action Lawsuit Against The Reserve Primary Fund
The Reserve Primary Fund Ticker Symbol: RPRXX Market: NASDAQ Class Period: 9/16/2008 - 9/16/2008 Court: S.D. New York Date of filing: 9/17/2008 Plain...
1031 Exchange: What Is a Capital Gain?
When you're doing a 1031 tax exchange, you need to know what a capital gain is. A capital gain is a profit on a capital asset. Capital gains tax is 15 percent on real estate. But if you're doing a 1031 exchange with another type of investment you'll likely pay your ordinary income tax rate on the capital gain.
1031 Exchange – Why Use One?
A 1031 exchange can be used for investment property other than real estate. Learn why to use a 1031 tax exchange from NES Exchange expert Julianna A. Clementi-Ryan. She talks about how a 1031 exchange can keep you from paying taxes on the profit you make from selling your investment.
Ilyce Glink on WSB Radio – September 7, 2008
Today on the Ilyce Glink Show, Ilyce discussed the Federal Government's takeover of secondary mortgage market giants Fannie Mae and Freddie Mac. She took calls from listeners like Cathy, who are wondering if the takeover will have an impact on their house closings in the coming weeks. Ilyce's answer: No. She said the takeover should help get the mortgage market moving again as international investors regain confidence in the U.S. mortgage market. Ilyce also took calls from Bob about how he should put money away for his grandchild (who would be the first person in the family to go to college), and from Chris, a real estate broker for 30 years who is incensed about what has happened to the real estate market and Fannie Mae and Freddie Mac. She also answered questions about how to encourage an ex-spouse to refinance a loan after a divorce, whether you should stay in the stock market if you're in retirement, and other investment questions. For show notes and updates through the week, check out her blog at www.thinkglink.com/blog , and sign up for her free weekly newsletter on the ThinkGlink.com home page. Check out the videos at www.expertrealestatetips.net. And be sure to subscribe to her YouTube channel.
Ilyce Glink on WSB Radio – September 5, 2008
Today on the Clark Howard Show, Ilyce Glink filled in. Ilyce discussed the dive in the stock market in the wake of the unexpected high unemployment numbers. The market on Friday started out in another deep dive, but ended the day up modestly. Ilyce also talked about her trip to Italy and how Continental Airlines has decided to charge $15 for the first checked bag. Ilyce answered questions about how many credit cards you need to have active to keep your credit score high, how to improve your credit in the wake of a divorce, how to get a developer to fix a problem with rotting windows throughout a development, whether it is a good time to refinance, how you know if you have been the victim of a predatory lender, how to find a financial planner (and if you should use a free planner from Vanguard or Fidelity), whether CDs will be affected by the FDIC's takeover of Integrity Bank, and what to do if a credit card company has erroneously canceled an account. For show notes and updates through the week, check out her blog at www.thinkglink.com/blog , and sign up for her free weekly newsletter on the ThinkGlink.com home page. Check out the videos at www.expertrealestatetips.net. And be sure to subscribe to her YouTube channel.