All securities listed on either the New York Stock Exchange, the American Stock Exchange, or the NASDAQ system are identified by a unique stock symbol or ticker symbol. The stock ticker symbol appears on the “ticker tape” that scrolls across the bottom of most financial news programs whenever the stock is traded. A stock’s symbol also provides the investor with some basic information about the company.
Owning an rental property comes with some tax implications, and not just the great “tax write-off” you’ve heard about.
There are plenty of business expenses that are deductible if they are not fully reimbursed by your employer. Recordkeeping for these expenses is important too.
The risk of investing in bonds depends on the type of bond, the quality and the holding period.
When rolling assets from a retirement plan to an IRA, you need to careful not to take possession of the funds, otherwise you could trigger a taxable event.
One unique feature of a Roth IRA is that distributions are not mandatory during the account owner’s lifetime, so the account can be left to heirs.