Despite glimmers of improvement, the US economy remains lackluster and Washington seems unable to get anything passed to help, even a payroll tax extension that all sides want. Things are worse in Europe.Read more »
Tax free stocks are technically closed end funds or CEFs that own municipal bonds which pay tax free interest. There are risks of course like any investment, such as a potential rise in interest rates, which would cause the price of the shares to drop. Plus many CEFs use leverage to obtain higher yields.Read more »
As if trading on insider information gleaned from their legislative duties wasn’t bad enough, now it turns out Congress has been passing that information on to hedge fund managers as well.Read more »
I’m a chronic procrastinator, especially when it comes to getting presents. And since I’m sure you might also find yourself in need of a last-minute gift for someone in your life, I want to give you a couple investment-related ideas today.Read more »
Happy Holidays! I hope everyone has a great time with family and friends.
Before the weekend starts, there’s one last business item you may want to settle. So pay close attention if you’re an investor in any of Merrill Lynch’s HOLDRS products.Read more »
Yesterday, after nearly a year of waiting, I finally got to order my Nissan LEAF. It’s the first affordable, plug-in electric vehicle (PEV) available to the masses. The Chevy Volt, while touted as an EV, is really a plug-in hybrid electric vehicle (PHEV). It still has a gas tank, an engine and an exhaust system.Read more »
There are some interesting facts brought out in this discussion. I do not necessarily agree with everything she says, and she is obviously outraged.Read more »