Tax factor affects investments
The Washington Post reports that mutual funds distribute most income to shareholders, creating tax liabilities for taxable investors. ICI data shows funds paid 165 billion in capital gains and 81 billion in dividends last year, with about half of investments taxable, boosting after tax costs. Industry says taxes reduce returns and prompts more tax managed funds.
MENTIONED IN THIS ARTICLE
ICI
Vanguard Group
Joel M. Dickson
Saving Rate Debate Splits Economists Over 8 Percent
New York AP reports economists dispute official zero percent savings. If 8 percent is correct, households appear prudent. if zero, they seem reckless. Inflation of capital gains and investment income, excluded from official calculations, may distort the picture and fuel optimism about continued growth. The stock market's volatility remains a key risk.
MENTIONED IN THIS ARTICLE
New York
Russell Redenbaugh
Cooke & Bieler
Lesley Alperstein
Hsbc Washington Analysis
Alperstein
Pfaltzgraff artists shape evolving dinnerware patterns
In York Pennsylvania Pfaltzgraff designers including Barbara Wright craft 10 to 12 patterns yearly from a pool of hundreds. The stoneware line blends floral and folksy motifs aligned with current trends and public taste, aiming for durable casual ware rather than fine china.
MENTIONED IN THIS ARTICLE
York, Pa
Barbara Wright
Wright
Pfaltzgraff Co
Pfaltzgraff
David Walsh
Pfaltzgraffs
Cape May
York
Ideal portfolio dampens risk for investors
The article argues a smart portfolio blends large cap with small cap and foreign stocks. It notes small-cap and foreign funds can outperform when large caps lag, and that a diversified mix reduces risk while preserving potential returns. Historical time frames show varying dominance between small and large caps.
MENTIONED IN THIS ARTICLE
Coca-Cola
Microsoft
General Electric
Standard & Poor
S&p
Russell
General Motors
At&t
U.S
Ibbotson Associates
Who really runs the corporation?
In New York AP reports a dispute over Citigroup bonuses highlights the question of executive value and CEO worth. John Reed and Sanford Weill received bonuses totaling over 16 million plus salaries and options, while earnings declined. The piece argues corporate democracy is flawed as shareholders and stakeholders struggle with real influence while management largely controls boards and agendas.
MENTIONED IN THIS ARTICLE
New York
Citigroup
John 8. Reed
Sanford I. Weill
Reed
Weill
Cor
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Albert B. Crenshaw
The
Washington Post
Uncle Sam
Dickson
Pfaltegraff