Tax-Advantaged IRA Choices Versus Taxable Investing
Louie of Tempe asks if a non deductible traditional IRA makes sense when a deductible IRA isn’t possible. The article notes tax free compounding inside IRAs due to no capital gains or dividend taxes, but withdrawals are taxed and penalties can apply. Roth IRAs offer tax free distributions and easier access to contributions. No load funds still incur fees reducing returns, so examine all costs.
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Elf
Louie
Tempe
Aziz
C.L. Ace
Fool.com
Morningstar.com
Money fund yields rise across measures
The seven day average yield on money market funds rose to 0.95 percent from 0.93, with seven day compound yield at 0.96 and 30 day yields at 0.91. Average fund portfolio maturity eased to 41 days as retail fund assets climbed to $845.69 billion per ICI. Bankrate data show 0.48 percent APY for money market accounts and higher CD rates across terms.
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New York
Money Fund Report
Money Funds
Bankrate.com
Investment Company Institute
Refinancing Your Mortgage Can Cut Costs Now
Mortgage rates remain near record lows and refinancing may lower payments or shorten term. Consider costs such as points, origination, appraisal, and fees. a cash out can boost debt but reduces home equity. Compare rates at fool com rates bankrate com and learn more at quicken com mortgage refinance.
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Fool.com
Bankrate
Quicken.com
Company born in 1930 merger of British soapmaker and Dutch margarine producer
The riddle outlines a global consumer goods giant that acquired Bestfoods and Ben & Jerry's in 2000. It lists brands such as Knorr, Birds Eye, Bertolli, Slim Fast, Pond’s, Dove, Lux, Lipton, Hellmann’s, and confirms being the largest ice cream maker with about 250,000 employees in 100 countries and 150 million daily product choices worldwide.
MENTIONED IN THIS ARTICLE
Bestfoods
Ben & Jerry's
Knorr
Birds Eye Foods
Bertolli
Pond
Dove
Lux
Hellman
My Smartest Investment: From 150 to 10000 With 277 JPM Shares
A reader recalls buying 10 shares of a local bank in 1969 for 150 dollars, enduring splits and buyouts to end with 277 JPMorgan Chase shares. The position yielded decades of dividends and a now substantial paper gain, illustrating the value of staying the course with strong prospects.
MENTIONED IN THIS ARTICLE
J.P. Morgan Chase
W.L.A
Lake Charles
Home Depot Delivers Strong Q2 With 8.2% Lift in Avg Ticket
Home Depot reports a 4.8 percent rise in sales to 20 billion in the second quarter. Earnings per share up 25 percent as gross margins rise 2.2 percent and stock buybacks in the billions bolster the bottom line amid growth potential in Mexico and China.
MENTIONED IN THIS ARTICLE
Home Depot
Lowe’s
Sg&a
Mexico
China
American International Group establishes global insurance dominance
Born in 1919 in Shanghai, AIG grew to a leading international insurer with operations in over 130 countries. It pioneered risk management for large companies, expanded after SunAmerica, and has delivered stellar stock growth while developing markets including China. Send questions for Ask the Fool or Trivia entries to Fool fool.com.
MENTIONED IN THIS ARTICLE
Shanghai
America
China
SunAmerica
U.S
American International Group
Fool
Fool.com
Pension fears rise as unions watch retiree funds collapse
Retirees and older workers fear eroding support as United Airlines considers terminating four pension funds in bankruptcy. With 81 percent underfunded, workers worry about future benefits even as experts say most plans remain secure for now.
MENTIONED IN THIS ARTICLE
Associated Press
Chicago
United Airlines
U.S
Wilshire Associates Inc
David Blitzer
Standard & Poor's
Kay Nelson
Minneapolis
Federal Reserve Board
Alan Greenspan
Nelson
Pension Benefit Guaranty Corp
S&p
John Hotz
Pension Rights Center
Washington
Bob Holmbeck
Hibbing
Minn
National Steel Pellet Co
Keewatin
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