IRA Conversion in 1998 Roth option explained
The Fool outlines that converting a regular IRA to a Roth can be done anytime, with a special 1998 rule allowing four-year income spreading if chosen. Converting before 1998 ends may ease tax impact. converting later compounds the lump sum as income. Seek a tax professional or IRS resources for details. A separate Q notes how to look up brand ownership online via Hoover’s.
MENTIONED IN THIS ARTICLE
IRS
Its
Knickknacks vs Stocks in the Disney craze of the 1980s
The Motley Fool notes that Disney shares rose about 18 percent annually while collectibles like salt shakers and animation cels lagged. It advises investing in familiar, well performing retailers or computer-related firms instead of chasing trendy items, and invites readers to submit investment lessons.
MENTIONED IN THIS ARTICLE
Disney
Cherry Hill
Name That Company
The riddle traces a company from a 1902 Golden Rule dry goods store in Wyoming founded by a devout Baptist traveler who held Titanic tickets. Now the No. 4 retailer with about 1,200 outlets, failed to buy Dayton Hudson in 1996, acquired Eckerd in 1997, runs nearly 3,000 drug stores, the largest general merchandise catalog, 65 million orders yearly, and issueing charge cards with stakes in insurance.
MENTIONED IN THIS ARTICLE
Golden Rule
Wyoming
Dayton Hudson
Eckerd
America
Dividend Power: Long Term Yields Rise With Growth
The piece argues high dividend stocks from Ford to Coca Cola offer rising yields through compounding. It shows 10 shares bought at 100 each yielding 2.5 percent, growing to 80 shares at 120 with 3 percent yield, producing 288 annually and a 29 percent effective yield on original investment, plus stock splits boosting Coca Cola's dividends to over 58,000 yearly.
MENTIONED IN THIS ARTICLE
Ford
Bell Atlantic
J.P. Morgan
Chevron
Stained Glass Windshield Co
Coca-Cola
Hertz Corp history and sprawling businesses traced
A trivia prompt traces Hertz Corp from Chicago roots with a dozen Model T Fords to ownership by Ford Motor Co. and a diversified fleet operation. It notes Hertz’s public offering in 1997, a 1994 celebrity endorser exit, and subsidiaries in equipment rental, voice telecomm, and claims administration.
MENTIONED IN THIS ARTICLE
Chicago
General Motors
RCA
United Airlines
Ford Motor Co
America
Ford
Hertz Corp
Prison training programs seen as potential labor boon
U S Attorney General Janet Reno praised prison job training as a potential force for good. Inmates like Michael Provence move from menial tasks to drafting and mapping while programs like PRIDE Enterprises expand, arguing inmate work reduces recidivism and boosts the economy.
MENTIONED IN THIS ARTICLE
U.S
Janet Reno
Liberty Correctional Institution
Bristol
Fla
Michael Provence
Provence
Ken Smith
U.S. Technologies
Florida
Pride Enterprises
Pam Davis
Davis
Russell Smith
Liberty Correctional
Prison Industry Enhancement Program funds detailed
Under PIE, private firms can form joint ventures in state prisons using inmate labor. Corrections departments may deduct up to 80 percent of gross wages. Since 1979 through June 1995, funds raised include Victims’ programs 3,644,557. Room and board 10,458,796. Family support 3,449,218. Taxes 6,111,483. Total deductions 23,664,054.
MENTIONED IN THIS ARTICLE
U.S. Department of Justice
What Is This Thing Called The Motley Fool?
An inquiry into The Motley Fool style describing it as a source that tells the truth about investing with a humorous tone. It likens fools of Elizabethan times to truth tellers and suggests readers may laugh their way to financial gain.
MENTIONED IN THIS ARTICLE
Motley Fool
HBO Merger With McKesson Puzzles Investors
HBO agreed to merge with drug distributor McKesson Corp, offering HBO shareholders 60 percent of the combined company. The deal pairs a high margin software and information services firm with a low margin distributor, raising questions about value, earnings, and returns. Investors await management justification and concrete results from the merged entity.
MENTIONED IN THIS ARTICLE
HBO & Co
HBO
McKesson Corp
McKesson
Itbo & Co
Oasis optimism drives stocks as rate-cut chatter swells
The market mood centers on the belief that the Fed will cut rates again on November 17 and repeatedly after, with Greenspan warning the U.S. cannot stay immune to global stress. Despite fears, investors view rate cuts as positive and resume buying, while further negatives may be needed to extend cuts.
MENTIONED IN THIS ARTICLE
Fed
Also Mentioned on This Page
S.F. Columbia, Mo
S.L
Fairfield
Calif
Hoovers.com
Philip Morris
Kraft Foods
Hoover
Are
Eta Ea
Alexandria
Selena
the Motley Fool
Dist
Universal Pi
Dicate
Tim Graves
Marietta
Federal
PRIDE
ULS. Technologies
St. Petersburg
Geonex
Ken Mellem
Mellem
Smith
Texas
California
Utah
Lockhart Prison
Pride Enterprise
OASIS
Alan Greenspan
United States
United Methodist
Ora
Elyria Methodist Village