With regular IRAs:
- You contribute pre-tax money and thus save on your current taxes by lowering your taxable income
- Your contributions and earnings will be subject to taxation upon withdrawal
- You must begin withdrawing money at age 70½
With Roth IRAs:
- You contribute after-tax money and thus gain no upfront tax-savings benefit. But …
- Your contributions [...]
Entries from September 2008
Basic Differences Between Roth and Regular IRAs
September 25th, 2008 · No Comments
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Understanding Stock Market Breadth…
September 25th, 2008 · No Comments
lot of news stories are hitting the wires given all the ups and downs in the market right now. And many of them are citing a term that is often misunderstood – “market breadth.”
Market breadth is a measure of how many companies in a particular index or market have gone up vs. how many have [...]
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Since We’ll Never Have Zero Taxes…
September 10th, 2008 · No Comments
According to some estimates, Americans shell out $265 billion every year — more than $900 for every citizen — to comply with the current tax code. That hardly sounds like an efficient system!
The good news is that there’s no reason we have to accept token changes or the status quo. There are at least two [...]
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New Dividend Policy in China!
September 2nd, 2008 · No Comments
The China Securities Regulatory Commission — Beijing’s equivalent of the U.S. Securities and Exchange Commission — is pressing the country’s listed companies to adopt more generous dividend policies.
Previously, China-listed companies that wanted to issue additional stock had to pay out at least 20% of their annual average profit for the past three consecutive years in [...]
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The Apple of Latin America’s Eye
September 2nd, 2008 · No Comments
This past Friday, consumers in ten Latin American countries were lining up to get Apple iPhones.
That’s right … the most coveted cellphone in the world is now available in Argentina, Chile, Colombia, Ecuador, El Salvador, Guatemala, Honduras, Paraguay, Peru and Uruguay.
And for the company that’s bringing the device to the region — America Movil — [...]
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