The Ins-and-Outs of Capital Gains Tax Part I
by Juno MonetaJune 2nd, 2008, 9:11 pm
Someone posted a comment asking me to explain capital gains tax. I did a little digging and found an excellent article on SmartMoney.com that sums up the different capital gains tax rates depending on your income, the type of investment ... more
Posted in Good to Know, Lingo, My Greedy Uncle | 2 Comments »
What’s Better, A Tax Credit or a Tax Deduction?
by Juno MonetaMay 30th, 2008, 6:06 am
I often use the word "deduction" to describe anything that might lower my tax bill. But there are actually two ways to save money on taxes: the tax credit and the tax deduction. A tax credit is a wonderful, simple thing-it ... more
Posted in Good to Know, Lingo, My Greedy Uncle | 1 Comment »
Are Exchange Traded Funds Right for You?
by Juno MonetaMay 26th, 2008, 12:26 pm
Today I saw a clip on CNN Money.com with Suze Orman, in which she explained why she's lost her faith in good old-fashioned index funds and is now a believer in the ETF. Which of course begs the question, ... more
Posted in Good to Know, Lingo, My Greedy Uncle | 2 Comments »
Don’t Forget Your Umbrella!
by Juno MonetaMay 3rd, 2008, 7:56 pm
In the course of taking a quiz on my level of financial savvy today, I realized that one topic I don't know much about is umbrella insurance. This is not insurance to protect valuable umbrellas. Rather, it is something that can ... more
Posted in Good to Know, Hot Tips, Lingo | 1 Comment »
F Is For Fiduciary
by Juno MonetaMay 1st, 2008, 7:43 pm
That's good enough for me. There's a great article in the New York Times about choosing a financial planner, and the importance of choosing one that is a fiduciary. Fiduci-huh? It means they are legally obligated to put YOUR financial ... more
Posted in Good to Know, Hot Tips, Lingo | 1 Comment »
Investing Lingo: Dow Jones Industrial Average (DJIA)
by Juno MonetaApril 17th, 2008, 7:44 pm
We all know what the Dow Jones Industrial Average is, right? Of course! It's that number that goes up and down and lets me know if the stock market is moving in a healthy direction. If the TV says ... more
Posted in Good to Know, Lingo | 2 Comments »