If I had known several years ago, that going down the CNBC path would be so addictive, I would have switched to the Cartoon Network.
It all started back in 2006 or maybe 2005, I’m really not sure, probably earlier. My job allowed me the unfortunate opportunity to watch daytime TV. I worked nights, or at least evenings to early mornings. While most people came home from their 9 to 5, I was off to work. Which was fine by me. Except one thing, there is almost nothing of value on daytime TV!
Once you get through the talk shows, soaps, People’s Court rip offs, and reruns, you’re left with sports news, world news and market news. I found out real quick that sports news tends to be on a repeat news cycle until the nightly games start. World news can be way to negative. Certainly educational, but depressing.
Then there was CNBC! I was immediately hooked and needed my daily fix. Continue Reading…
Starting January 1, 2012 new cost basis reporting changes will take effect regarding mutual funds, ETFs, and DRIPs (Dividend ReInvestment Plans). Under the new changes, the IRS will require all brokerages and fund companies to track the purchase and sale price of these assets. These are similar to the 
When it comes to saving money, sometimes it can be easily overlooked in these debt focused times. Deservedly so, paying down debt has its importance. Typically, with any budget, money is set aside each month for all the bills and other monthly costs. Leaving savings to sometimes take a backseat to those credit card bills or student loans. Which only puts off those savings goals another month. Before long that vacation fund is four months short and sitting on a beach in December is looking very unlikely.
There’s been a singular view that has swept through the nation over the past few months since the debt debacle back in August. Apparently the U.S. has too much debt. The U.S. government currently has over $15 trillion in outstanding debt obligations. Some view it as excessive, wanting it paid down to a reasonable level. Others believe it should be eliminated entirely.
So you’re thinking about investing in stocks? There’s a lot to consider before finally taking the plunge into individual stocks. Additional risk factors, new learning curve, costs involved, liquidity and where to start, are just a few of the concerns. But when you finally boil it all down, the biggest thing to consider before buying stocks is time. Do you have the time? There’s a finite number of hours each week. Are you willing to give up some of them to manage your money?